单选题
An analyst gathered the following information about a company: Taxable income = $ 100000 Pretax income = $120000 Current tax rate = 20 % Tax rate when the reversal occurs will be 10 % What is the company's tax expense?
A、
A. $ 22000.
B、
B. $ 24000.
C、
C. $10000.
【正确答案】
A
【答案解析】
Deferred tax liability = (120000-100000) ×0.1=2000. Tax expense = current tax rate×taxable income + deferred tax liability 0.2 ×100000 + 2000 = 22000
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