Use the Following Information for Questions 76-78

question 38

Multiple Choice

Use the following information for questions 76-78.
At the beginning of 2015; Elephant, Inc. had a deferred tax asset of $10,000 and a deferred tax liability of $15,000. Pre-tax accounting income for 2015 was $750,000 and the enacted tax rate is 40%. The following items are included in Elephant's pre-tax income:
-The ending balance in Elephant, Inc's deferred tax liability at December 31, 2015 is

• A) $23,000
• B) $38,000
• C) $26,000
• D) $78,000

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Definitions:

AIDA Model

A marketing framework that describes the stages of customer engagement: Attention, Interest, Desire, and Action.

Promotional Messages

Communications designed to inform, persuade, and encourage a target audience to take an action.

Conventional Marketing

Traditional marketing strategies that utilize mediums like print, television, and radio advertisements.

AIDA Model

The AIDA model is a marketing framework that describes the stages of consumer engagement: Attention, Interest, Desire, and Action.