Answer
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Explanation
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Answer:
$120.38 million or $120 million
Explanation:
Year 2018
Timing difference resulting into liability for the year 2018:
= Total sales - sales in 2018
= $663 - $74
= $589 million
Therefore,
Deferred tax liability:
= Timing difference resulting into liability for the year 2018 × Income tax rate
= $589 million × 0.26
= $153.14 million
Year 2019
Brought forward Timing difference resulting into liability = $589 million
Timing difference resulting into asset for the year 2019 = 126 million
Therefore,
Balance timing difference resulting into liability = $589 - $126
= $463 million
Thus,
Deferred tax liability for the year 2019 = $463 × 0.26
= $120.38 million or $120 million
Answer:
See bellw
Explanation:
Income of J.D related to Clampett = Ordinary income + Capital gain
Given that
Basis distribution = $42,500
Basis stock = $36,000
Ordinary = $11,800
But Capital gain = Basis distribution - (Basis stock + Ordinary income
= $42,500 - ($36,000 + $11,800)
= $42,500 - $47,800
= - $5,300
Therefore, J.D income related to Clampett
= Ordinary income + Capital gain
= $11,800 - $5,300
= $6,500
Answer:
C
Explanation:
debits Difference Between Implied and Book Value
Answer:
In American terms: 0.8436 ÷ 0.8451
In European Terms: 1.1832 ÷1.1853
Explanation:
the computation of the NZD/SGD currency against currency bid-ask quotations is shown below:
In american terms In european terms
USD/NZD 0.7265 ÷ 0.7272 E/NZD 1.3751 ÷ 1.3765
USD/SGD 0.6135 ÷ 0.6140 E/SGD 1.6287 ÷ 1.6300
NZD/SGD = (0.6135 ÷ 0.7272) ÷ (0.6140 ÷ 0.7265) = 0.8436 ÷ 0.8451
(1.6287 ÷ 1.3765) ÷ (1.6300 ÷ 1.3751) = 1.1832 ÷ 1.1853