Business, 07.04.2020 20:14 Horiizon93
Ferguson Company has the following cumulative taxable temporary differences: 12/31/22 12/31/21 $3,600,000 $2,560,000 The tax rate enacted for 2022 is 30%, while the tax rate enacted for future years is 20%. Taxable income for 2022 is $6,400,000 and there are no permanent differences. Ferguson's pretax financial income for 2022 is Select one: a. $7,440,000 b. $5,360,000 c. $2,800,000 d. $10,000,000
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Ferguson Company has the following cumulative taxable temporary differences: 12/31/22 12/31/21 $3,60...
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