Tate, inc. owns 80 percent of jeffrey, inc. during the current year, jeffrey sold merchandise costing $60,000 to tate for $75,000. at the end of the year, 10 percent of this merchandise remained in tate's inventory. the tax rate is 30 percent. assuming that a consolidated income tax returns is being filed, what deffered income tax asset is craeted?

Which of the following statements is true of unsought products? as compared to convenience products, unsought products are purchased more frequently. unsought products are consumer products and services that customers usually buy frequently, immediately, and with minimal comparison and buying effort. a life insurance policy is an example of an unsought product. unsought products have strong brand identification for which a significant group of buyers is willing to make a special purchase effort. unsought products are those products purchased for further processing or for use in conducting a business.