Question: Analysts may prefer to remove deferred tax from the financial statements as O Deferred tax does not represent an amount that is owed from

Analysts may prefer to remove deferred tax from the financial statements as

Analysts may prefer to remove deferred tax from the financial statements as O Deferred tax does not represent an amount that is owed from or to tax authorities O There are minor differences between tax accounting and GAAP accounting O Analysts only require after-tax profit numbers Tax rates vary too much across jurisdictions and industries

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