Business
Business, 18.03.2020 16:33, augustusj48

Plutonic Inc. had $400 million in taxable income for the current year. Plutonic also had an increase in deferred tax liabilities of $50 million and recognized tax expense of $80 million. The company is subject to a tax rate of 40%. The change in deferred tax assets (ignoring any valuation allowance) was a/an: Group of answer choices increase of $30 million. decrease of $130 million. increase of $130 million. decrease of $30 million.

answer
Answers: 2

Other questions on the subject: Business

image
Business, 22.06.2019 01:40, Cosio
Kis the insured and p is the sole beneficiary on a life insurance policy. both are involved in a fatal accident where k dies before p. under the common disaster provision, which of these statements is true?
Answers: 1
image
Business, 22.06.2019 12:50, HarleyQuinn117
Performance bicycle company makes steel and titanium handle bars for bicycles. it requires approximately 1 hour of labor to make one handle bar of either type. during the most recent accounting period, barr company made 7,700 steel bars and 2,300 titanium bars. setup costs amounted to $35,000. one batch of each type of bar was run each month. if a single company-wide overhead rate based on direct labor hours is used to allocate overhead costs to the two products, the amount of setup cost assigned to the steel bars will be:
Answers: 2
image
Business, 22.06.2019 16:20, milkshakegrande101
There are three factors that can affect the shape of the treasury yield curve (r* t , ip t , and mrp t ) and five factors that can affect the shape of the corporate yield curve (r* t , ip t , mrp t , drp t , and lp t ). the yield curve reflects the aggregation of the impacts from these factors. suppose the real risk-free rate and inflation rate are expected to remain at their current levels throughout the foreseeable future. consider all factors that affect the yield curve. then identify which of the following shapes that the us treasury yield curve can take. check all that apply. a. downward-sloping yield curveb. upward-sloping yield curvec. inverted yield curve
Answers: 1
image
Business, 23.06.2019 00:00, destinyranson
Which of the following is not a factor to consider when deciding whether to accept a special order? whether this order will hurt the brand name of the company whether other potential orders would be more profitable whether additional fixed costs would need to be incurred whether the offered price is sufficient to cover prime costs and fixed overhead allocated all of the above
Answers: 2
Do you know the correct answer?
Plutonic Inc. had $400 million in taxable income for the current year. Plutonic also had an increase...

Questions in other subjects:

Konu
History, 30.08.2019 08:20
Konu
Mathematics, 30.08.2019 08:20
Konu
Mathematics, 30.08.2019 08:20