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Business, 21.11.2019 01:31 Powerhickory1313

Marc, inc., owns 75% of srs company. during the current year, srs reported net income of $415,000 but paid a total cash dividend of only $110,000. what deferred income tax liability must be recognized in the consolidated balance sheet? assume the tax rate is 40 percent.
a. $25,380.
b. $18,300.
c. $22,140.
d. $41,340.

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Marc, inc., owns 75% of srs company. during the current year, srs reported net income of $415,000 bu...
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