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Mandy Co. had a decrease in deferred tax liability of $12 million and a decrease in deferred tax assets of $3 million for this vear.
Mandy Co. had a decrease in deferred tax liability of $12 million and a decrease in deferred tax assets of $3 million for this vear. Its taxable income was $200 million. The company is subiect to a tax rate of 25%. The total income tax expense for the ycar ($ in millions) was: O $35 million O $65 million O $59 million O 341 million
Mandy Co. had a decrease in deferred tax liability of $12 million and a decrease in deferred tax assets of $3 million for this vear. Its taxable income was $200 million. The company is subiect to a tax rate of 25%. The total income tax expense for the ycar ($ in millions) was:
O $35 million
O $65 million
O $59 million
O 341 million
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