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Business, 26.03.2020 20:45 temperent6049

Earnings Before Taxes of $100,000, a Deferred Tax Liability (DTL) at the beginning of the year of 3,000 and an ending DTL of 11,000. If the tax liability on the tax return is $25,000 and Crunchers' tax rate is 35%, how much Income Tax Expense will Crunchers report on its Income Statement

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Earnings Before Taxes of $100,000, a Deferred Tax Liability (DTL) at the beginning of the year of 3,...

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