Answer:
$420,000 deferred tax asset
Explanation:
Deferred-tax assets are asset that occurred when company's or organization record income tax is less than the one which is been paid to the tax authority.
Taxable income 3,200,000
Less;Income (per books before income taxes) $2,000,000
Total $1,200,000
Therefore
$1,200,000×35%
=$420,000 deferred tax asset.
Cross record should record $420,000 as a net deferred tax asset or liability for the year ended December 31, 2018
I believe The only legal filing status for Molly will be a qualifying widow.
Hope this helps !
Sorry you need a little more detail for your question.
The action taken by Bill Gates in acquiring the shares of a small software company is called a tender offer.
<h3>What is a tender offer?</h3>
A tender offer is a type of offer given by an investor in respect of purchasing the shares of a public entity at a value within a defined period.
When Bill Gates offered to take over the shares of a small software entity at a cost that can attract the share investors to sell them off in the market. This action of Bill Gates tends to initiate a tender offer for the shareowners of the software entity.
Therefore, the tender offer is the action being taken by the founder of Microsoft company.
Learn more about Bill Gates in the related link:
brainly.com/question/1385934
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