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Ann [662]
4 years ago
13

For its first year of operations, Marcus Corporation reported pretax accounting income of $274,800. However, because of a tempor

ary difference in the amount of $19,200 relating to depreciation, taxable income is only $255,600. The tax rate is 39%. What amount should Marcus report as its deferred income tax liability in its balance sheet at the end of that year

Mathematics
2 answers:
vagabundo [1.1K]4 years ago
8 0

Answer:

$374,484

Step-by-step explanation:

Amount payable as income tax = 0.39 X $255,600 = $99,684

The amount Marcus receives if he deferred income tax that year = $(274,800 + 99,684) = $374,484

STatiana [176]4 years ago
7 0

Answer:

Please find attached file for complete answer solution and explanation of same question

Step-by-step explanation:

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Answer:

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3 - 2y +9

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4 years ago
Given the right triangle below what is x?
lions [1.4K]

Answer:

B 10.8 or

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Step-by-step explanation:

we cannot see the triangle and which side is which. you forgot to show us the picture (or describe it in more detail).

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5 0
3 years ago
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Answer:

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