On December 31,2013,Breezeway,Inc

question 3

Multiple Choice

On December 31,2013,Breezeway,Inc. ,reported a current deferred tax liability of $140,000 and a noncurrent deferred tax asset of $40,000.At the end of 2014,Breezeway reported a current deferred tax liability of $100,000,and a noncurrent deferred tax liability of $44,000.The deferred tax expense for 2014 is

• A) $144,000.
• B) $44,000.
• C) $36,000.
• D) $4,000.

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Definitions:

Potential Customer

An individual or entity that is likely to be interested in a company's product or service but has not yet made a purchase.

Business Models

Frameworks that describe how a company creates, delivers, and captures value, in both economic, social, and other contexts.

Experimentation

The process of conducting tests and trials to explore hypotheses or new ideas, typically to gain knowledge or validate theories.

Cost Structure

An outline of the types and relative proportions of fixed and variable costs that a business incurs in its operations.