a. Assuming that Wal-Mart had no significant permanent differences between book income and taxable income, did income before taxes for financial reporting exceed or fall short of taxable income for 2010 and 2011? Explain. b. Will the adjustment to net income for deferred taxes to compute cash flow from operations in the statement of cash flows result in an addition or a subtraction for 2010 and 2011? c. Based on Note 6. Accrued Liabilities, the company's accrued liabilities include accrued wages and benefits, self insurance, deferred membership fee, and others. Why are deferred taxes related to accrued liabilities disclosed as a deferred tax asset instead of a deferred tax liability? Can you explain the reason for (1) accrued wages and benefits, (2) self insurance, and (3) deferred membership fee? d. Why are deferred taxes related to share-based compensation disclosed as a deferred tax asset? e. Like most companies, Wal-Mart uses the straight-line depreciation method for financial reporting and accelerated depreciation methods for income tax purposes. Why are deferred taxes related to depreciation disclosed as a deferred tax liability