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    Exam 10: Introduction to Liabilities: Economic Consequences, Current Liabilities, and Contingencies
  5. Question
    An Income Tax Accrual at Yearend Will Most Likely
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An Income Tax Accrual at Yearend Will Most Likely

Question 95

Question 95

Multiple Choice

An income tax accrual at yearend will most likely


A) decrease earnings per share.
B) decrease the debt/asset ratio.
C) decrease the debt/equity ratio.
D) be a contingency.

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