Question
Suppose Company A recorded accounting income of $15.2 million and taxable income of $15.8 million in the last fiscal year. The tax rate is 25%.
Suppose Company A recorded accounting income of $15.2 million and taxable income of $15.8 million in the last fiscal year. The tax rate is 25%. What should Company A record on its balance sheet for the last fiscal year?
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Optimization Methods In Finance
Authors: Gérard Cornuéjols, Javier Peña, Reha Tütüncü
2nd Edition
1107056748, 9781107056749
