Weaver Company had a net deferred tax liability of $34,000 at the beginning of the year, representing a net taxable temporary difference of $100,000 (taxed at 34 percent). During the year, Weaver reported pretax book income of $400,000. Included in the computation were unfavorable temporary differences of $50,000 and favorable temporary differences of $20,000. At the beginning of the year, Congress reduced the corporate tax rate to 21 percent. Weaver's deferred income tax expense or benefit for the current year would be:

Deferred Tax Expense=6300

Less: Tax Adjustment=-13000

Net Deferred Tax Benefit=6700

Deferred Tax Expense=(50000-20000)*21% = $6300

Tax Adjustment=100000*(34%-21%)= $13000

Net deferred tax benefit of $19,300

Explanation:

The net deferred tax benefit for the current year is $6,300 [($50,000 − $20,000) × 21%]. The beginning balance in the deferred tax liability account must be adjusted downward to reflect the change in the tax rate by 13 percentage points ($100,000 × 13% = $13,000 reduction in the deferred tax liability). The net adjustment is a net deferred tax benefit of $19,300.

a loan? that’s my guess, anywho.

ans.

heterothermic organisms include those organisms that can switch between homeothermic (having body temperature higher than environment) and poikilothermic (having variation in internal body temperature) strategies.

some migratory birds show heterothermy as they decrease their metabolic rate during cold nights to keep their body temperature low. drop in metabolic rate allows increase in production efficiency of birds that reduces the internal body temperature to make it equal to external cold temperature during cold nights.

thus, the correct answer is 'birds allow their temperature drop in order to increase their production efficiency.'