Answer:
$3,604
Explanation:
Calculation for what Smith's deferred income tax expense or benefit would be:
Using this formula
Deferred income tax expense =(favorable temporary difference-unfavorable temporary difference)*Tax rate
Let plug in the formula
Deferred income tax expense =($51,200-$40,600)*21%
Deferred income tax expense =$10,600*34%
Deferred income tax expense =$3,604
Therefore Smith's deferred income tax expense or benefit would be:$3,604
Answer:
YOUR ANSWER WOULD BE 3. THERE IS NO GOLD SANDARD BACKING THE BILL.
Explanation:
IT MAKES THE MOST SENSE OUT OF ALL OF THEM
Answer:
Explanation:
N = 4 (5-year bond - 1 year (ago))*2 = 8
I% = YMT= 8/2 = 4
PMT = (1,000)(.07) = 70/2 = 35
FV=1,000
Calculating PV, PV=966.34
Answer: the most important city or town of a country or region, usually its seat of government and administrative center.
Explanation: