At december 31, 2011, moonlight bay resorts had the following deferred income tax items: deferred tax asset of $54 million related to a current liability deferred tax asset of $36 million related to a noncurrent liability deferred tax liability of $120 million related to a noncurrent asset deferred tax liability of $72 million related to a current asset moonlight bay should report in the current section of its december 31, 2011, balance sheet a
a. noncurrent asset of $84,000 and a non-current liability of $45,000.
b. current tax liability of $18,000
c. noncurrent asset of s90,000 and a non-current liability of si 92,000.
d. noncurrent liability of $30,000

The new york times (nov. 30, 1993) reported that “the inability of opec to agree last week to cut production has sent the oil market into turmoil . . [leading to] the lowest price for domestic crude oil since june 1990.” why were the members of opec trying to agree to cut production? so they could save more oil for future consumption so they could lower the price so they could raise the price why do you suppose opec was unable to agree on cutting production? because each country has a different production capacity because each country experiences different production costs because each country has an incentive to cheat on any agreement the newspaper also noted opec’s view “that producing nations outside the organization, like norway and britain, should do their share and cut production.” what does the phrase “do their share” suggest about opec’s desired relationship with norway and britain? opec would like norway and britain to keep their production levels high. opec would like norway and britain to act competitively. opec would like norway and britain to join the cartel.