Boyds company showed the following info in their income tax footnote on the annual report: Current payable:
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Question:
Boyds company showed the following info in their income tax footnote on the annual report:
Current payable:
U.S - $7728
Foreign - 438
Deferred:
U.S - $3380
Foreign - (174)
How much tax expense did Boyd's company report on the income statement?
How much-reported income tax expense was paid and how much was deferred fo a future payment?
Paid:
Deferred:
Expert Answer:
Answer rating: 100% (QA)
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