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Mangrove Limited has a product warranty liability valued at $12 000. The company tax rate is 30%. The company has: Question 1Answer a. a deductible

Mangrove Limited has a product warranty liability valued at $12 000. The company tax rate is 30%. The company has: Question 1Answer a. a deductible temporary difference of $12 000 b. a taxable temporary difference of $12 000 c. a deferred tax liability of $12 000 d. a future deductible amount of $0 e. a permanent difference

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