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Determine the amount of cash paid for income taxes in each of the nine independent situations below. All dollars are in millions. situation income tax
Determine the amount of cash paid for income taxes in each of the nine independent situations below. All dollars are in millions.
situation | income tax expense | income tax payable increase (decrease | deferred tax liability increase (decrease) | cash paid for taxes |
1 | 10 | 0 | 0 | |
2 | 10 | 3 | 0 | |
3 | 10 | -3 | 0 | |
4 | 10 | 0 | 2 | |
5 | 10 | 0 | -2 | |
6 | 10 | 3 | 2 | |
7 | 10 | 3 | -2 | |
8 | 10 | -3 | -2 | |
9 | 10 | -3 | 2 |
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