试题与答案

A company purchased a new pizza oven direc

题型:单项选择题

题目:

A company purchased a new pizza oven directly from Italy for $ 12675. It will work for 5 years and has no salvage value. The tax rate is 41 percent, and annual revenues are constant at $ 7192. For financial reporting, the straight-line depreciation method is used, but for tax purposes depreciation is accelerated to 35 percent in years 1 and 2, and 30 percent in year 3. For purposes of this exercise ignore all expenses other than depreciation. Assume the tax rate for years 4 and 5 changed from 41 percent to 31 percent. What will be the deferred tax liability as of the end of year 3 and the resulting adjustment to net income in year 3 for financial reporting purposes due to the change in the tax rateDeferred Tax Liability Net Income ①A. $1572 $ 507 ②B. $1572$ 747 ③C. $1039$ 5O7

A.

A. ①

B.

B. ②

C.

C. ③

答案:

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参考答案:C

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