Answer:
284%
Explanation:
You calculate it using the conversion method
Answer: A merger results in reduced competition and a larger market share. Thus, the new company can gain a monopoly and increase the prices of its products or services
Explanation:
Answer:
D. $210 million
Explanation:
Data given
Decrease in deferred tax assets = $30
Increase in deferred tax liabilities = $60
Taxable income = $300
Tax rate = 40%
The computation of total income tax expense is given below:-
Income tax Payable = $300 × 40%
= $120
Total income tax expenses = Income tax Payable + Decrease in deferred tax assets + Increase in deferred tax liabilities
= $120 + $30 million + $60 million
= $210 million
So, for computing the total income tax expense we simply applied the above formula.
Answer:
A
Explanation: Intellectual Property
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