As a potential lender, discuss how you might view the nature of a deferred income tax liability

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As a potential lender, discuss how you might view the nature of a deferred income tax liability on a company’s statement of financial position, and whether you would treat it in the same way as you would a long-term bank loan.

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Understanding Financial Accounting

ISBN: 978-1118849385

1st Canadian Edition

Authors: Christopher Burnley, Robert Hoskin, Maureen Fizzell, Donald

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Question Posted: Jun 12, 2015 12:35 AM

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As a potential lender, discuss how you might view the nature of a deferred income tax liability

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As a potential lender I should look at a deferred tax liability as a legitimate obligation of the co...View the full answer

Understanding Financial Accounting

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