Question: A company has earnings of 150 after income tax

A company has earnings of $ 150, after income tax of $ 40. Tax payable increased by $ 6 over the year. What would appear on the operating activities section if the company chooses to add back the expense and list cash flows for income tax separately in operating activities? What other revenue or expense accounts may be subject to this presentation alternative?

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  • CreatedFebruary 17, 2015
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