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Business, 16.07.2019 01:40 angie0000

Suppose that, in 2019, legislation revised the income tax rates so that isaac would be taxed in 2020 and beyond at 37%, rather than 27%. assume that there were no other differences in income for financial statement and tax purposes. ignoring operating expenses and additional sales in 2019, what deferred tax liability would isaac report in its year-end 2019 balance sheet? (round your answer to the nearest whole million.)

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Suppose that, in 2019, legislation revised the income tax rates so that isaac would be taxed in 2020...

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