Question: Sunrise Co. had a decrease in deferred tax liability of S40 million, a decrease in deferred tax assets of $15 million, and an increase in

Sunrise Co. had a decrease in deferred tax liability of S40 million, a decrease in deferred tax assets of $15 million, and an increase in tax payable of 150 million. The company is subject to a tax rate of 25% The total income tax expense for the year (Sin millions) was: (Do not add dollar sign; do not add comma by yourself to your amount round the answer to the whole number)
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
