Question
The current portion of the HEZEKIAH CORP. tax provision was $3,900,000. A $1,500,000 increase in DTA related to warranty accruals and there was a $700,000
The current portion of the HEZEKIAH CORP. tax provision was $3,900,000. A $1,500,000 increase in DTA related to warranty accruals and there was a $700,000 debit to the DTL balance relating to depreciation. HEZEKIAH paid $100,000 in fines and penalties and realized $875,000 gains on a COL policy.
WHat is the net income?
WHat is the ETR?
Please show work
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Trap Doors And Trojan Horses An Auditing Action Adventure
Authors: D. Larry Crumbley, David Kerr, Veronica Paz, Lawrence Smith
1st Edition
1531021573, 978-1531021573
