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:
Yes, Michael will afford the boat
Explanation:
So far Michael has saved $11,000.
The boats costs $30,000 to purchase.
Michael needs to raise $19,000 ($30,000 - $11,000) in two years to buy the boat.
Michael saves $900 per month. In 24 months he will have saved
=$900 x 24
=$21,600
Michael requires $19,000 but will have save $21,600 in two years. Therefore, he should be able to purchase the boat.
Answer:
Additional paid in capital decrease by 100 as a result of the acquisition
Explanation:
Treasury Stock 600 (100 shares x $6)
Additional Paid-In Capital 100 (100 shares x $1)
cash 1,000 (100 shares x $10)
Additional Paid-In Treasury Stock 300
Answer:
A) Based on NPV, Mike will choose 2nd influencer.
B) Based on IRR, Mike will choose 2nd influencer.
Explanation:
See images to get the appropriate answer:
