Question: A net operating loss (NOL) carryforward cannot result in the balance sheet at the end of the NOL year showing: A receivable under current assets

A net operating loss (NOL) carryforward cannot result in the balance sheet at the end of the NOL year showing: A receivable under current assets for an income tax refund. A current deferred tax asset. A noncurrent deferred tax asset. Both a current and a noncurrent deferred tax asset

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