subject
Business, 15.04.2020 17:16 tareas7009

In its 2021 income statement, Oriole Corp. reported depreciation of $4000000 and interest revenue on municipal obligations of $733000. Oriole reported depreciation of $5890000 on its 2021 income tax return. The difference in depreciation is the only temporary difference, and it will reverse equally over the next 3 years. Oriole's enacted income tax rates are 25% for 2021, 20% for 2022, and 15% for 2023 and 2024. What amount should be included in the deferred income tax liability in Oriole's December 31, 2021 balance sheet?

ansver
Answers: 2

Another question on Business

question
Business, 22.06.2019 21:20
Which of the following best explains why buying a house is more beneficial than renting? a. buying is a personal investment while renting involves giving money to the landlord. b. the monthly payments on a mortgage are generally lower than rent on an apartment. c. it's easier to sell a house than it is to get a landlord to break a rental agreement. d. housing prices can go up and down quickly in comparison to the level of rents.
Answers: 1
question
Business, 22.06.2019 22:20
David consumes two things: gasoline (q 1) and bread (q 2). david's utility function is u(q 1, q 2)equals70q 1 superscript 0.5 baseline q 2 superscript 0.5. let the price of gasoline be p 1, the price of bread be p 2, and income be y. derive david's demand curve for gasoline. david's demand for gasoline is q 1equals nothing. (properly format your expression using the tools in the palette. hover over tools to see keyboard shortcuts. e.g., a subscript can be created with the _ character.)
Answers: 1
question
Business, 23.06.2019 01:30
Nba all-star baron davis and his school friend, cash warren, premiered their first movie "made in america" at the sundance festival in january 2008. the movie, based on gang activity in south central los angeles, received good reviews.    source: the new york times, february 24, 2008         draw baron davis's ppf. label it ppfdavis. draw your own ppf. label it ppfmine.
Answers: 2
question
Business, 23.06.2019 09:30
Which of the following economic behaviors causes scarcity? a limited supply and unlimited demand b limited supply and unlimited credit c limited supply and limited regulation d limited supply and limited incentives
Answers: 1
You know the right answer?
In its 2021 income statement, Oriole Corp. reported depreciation of $4000000 and interest revenue on...
Questions
question
Mathematics, 18.10.2020 15:01
question
Mathematics, 18.10.2020 15:01
question
Biology, 18.10.2020 15:01
question
Physics, 18.10.2020 15:01
question
Mathematics, 18.10.2020 15:01
question
Mathematics, 18.10.2020 15:01