explain what a growing balance in the deffered income tax liability is likely to indicate about a company's net income relative to its taxable income. Why might investment professional view this situation positively? negatively?

explain what a growing balance in the deffered income tax liability is likely to indicate about a company's net income relative to its taxable income. Why might investment professional view this situation positively? negatively?

EBK CONTEMPORARY FINANCIAL MANAGEMENT

14th Edition

ISBN:9781337514835

Author:MOYER

Publisher:MOYER

Chapter2: The Domestic And International Financial Marketplace

Section2.A: Taxes

Problem 1QTD

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Concept explainers

Fringe Benefit Tax

Fringe benefits are in addition to the compensation that companies give to their employees. It is an additional benefit above the stated salary. It helps to keep the employees of the firm motivated as sometimes the only salary is not enough to retain the quality employees of the firm. There are different types of fringe benefits. Fringe benefits are given in both private as well as public enterprises.

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explain what a growing balance in the deffered income tax liability is likely to indicate about a company's net income relative to its taxable income.

Why might investment professional view this situation positively? negatively?

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