The income tax footnote to the financial statements of Anchor Inc., for the year ended December 31, includes the following information (in millions). ($ millions)
Current tax provision
Federal $15,304
State 1,980
Foreign 4,210
$21,494

Deferred tax provision
Federal $10,086
State (276)
Foreign 66 $9,876
Provision for income taxes $31,370

Required:
How much of the income tax expense is payable during the year?

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Factors like the unemployment rate, the stock market, global trade, economic policy, and the economic situation of other countries have no influence on the financial status of individuals. question 1 options: true false

Bonds often pay a coupon twice a year. for the valuation of bonds that make semiannual payments, the number of periods doubles, whereas the amount of cash flow decreases by half. using the values of cash flows and number of periods, the valuation model is adjusted accordingly. assume that a $1,000,000 par value, semiannual coupon us treasury note with three years to maturity has a coupon rate of 3%. the yield to maturity (ytm) of the bond is 7.70%. using this information and ignoring the other costs involved, calculate the value of the treasury note: