Answer:
Net deferred tax liability in non current liabilities = $84 million
Net deferred tax liability in current liabilities = $18 million
Explanation:
Deferred tax that is deferred tax asset or deferred tax liability can only be sett off against each other only when the tax in asset or tax in liabilities is to be paid to same tax authority.
Thus, here assuming these are paid to same authority of taxes, thus these are sett off.
In the given case,
Deferred tax asset for current liability = $54 million
Deferred tax liability for current asset = $72 million
Net deferred tax liability in current liabilities = $18 million = (72 - 54)
Deferred tax asset for non current liability = $36 million
Deferred tax liability for non current asset = $120 million
Net deferred tax liability in non current liabilities = $84 million
Final Answer
Net deferred tax liability in non current liabilities = $84 million
Net deferred tax liability in current liabilities = $18 million
Answer:
20%
Explanation:
Return on common stockholders' equity is a ratio that shows how successful a company is in generating a return for the equity holders. It is worked out by dividing the net income available for common stockholders by common stockholders’ equity. It is expressed by the following formula:
Income available to common stockholders
= 
Thus, return on common stockholders' equity
= 
= 
= 20%
Answer:
$31,000
Explanation:
Calculation for the cash received from Dividend
Beginning dividends receivable + Dividend revenue - dividends paid = Ending dividends receivable
Hence,
Using this formula
Dividends paid = Beginging dividends receivable + dividend revenue - Ending dividends receivable
Let plug in the formula
= 3,100+32,300-4,400
=31,000
Therefore the amount of cash received from dividend will be $31,000.
Thus the dividend revenue is not the dividends which was received in cash, but instead it is the dividends which was earned during the period.
Answer:
$113,000
Explanation:
As we know ,
Working capital = Total current assets - total current liabilities
where,
Total current assets = Accounts receivable + cash + inventory + marketable securities + prepaid expenses
= $35,000 + $25,000 + $72,000 + $36,000 + $2,000
= $170,000
And, the total current liabilities = Accounts payable + accrued liabilities + short term notes payable
= $30,000 + $7,000 + $20,000
= $57,000
Now put the values to the above formula
So, the value would be equal to
= $170,000 - $57,000
= $113,000
Answer:
DeBondt and Thaler (1985) found that the poorest-performing stocks in one time period experienced <em>good</em> performance in the following period and that the best-performing stocks in one time period experienced <em>poor</em> performance in the following time period.
Explanation:
DeBondt and Thaler carried out a study that examined stocks of 35 worst and best performing firms over a previous five-year period.The study showed that over the following three-year period, the firms that were previously performing poorly performed better than the former best performing firms, by an average of 25%.This reversal in the fortunes of stocks of firms in the following period is called the Reversal Effect.
