Accounting for Income Taxes & Debt To Equity Ratio Essays | Online Homework Help

1. Identify the objectives of accounting for income taxes.

2. What is the rationale for the argument that long-term deferred tax liabilities should be excluded from liabilities when computing the debt-to-equity ratio?

3. What would be the effect on Macy’s debt-to-equity ratio of excluding deferred tax liabilities from its calculation? What would be the percentage change?

4. What might be the rationale for not excluding long-term deferred tax liabilities from liabilities when computing the debt-to-equity ratio?

Below is the powerpoint attached to answer the questions.

 

Calculate your paper price
Pages (550 words)
Approximate price: -