As a result of using accelerated depreciation for tax purposes, the amin corporation reported $372 million income tax expenses in its income statement, while the actual amount of taxes paid by the company was $412 million. how did these tax transactions affect the company's balance sheet?

a) increase deferred tax liability by $40 million

b) decrease deferred tax assets by $372 million

c) decrease retained earnings by $372 million

d) decrease cash by $372 million

e) both c& d

Which of the following is not an example of one of the four mail advantages of prices on a free market economy

Greenway industries is a major multinational conglomerate. its business units compete in a range of industries, including home appliances, pharmaceuticals, commercial real estate, and plastics manufacturing. although its largest business unit, which produces kitchen appliances, is among the most profitable in the industry, it generates only 35 percent of the company's revenues. which of the following is most likely true of greenway's stock price? a. it is valued at less than the sum of its individual business units. b. it is valued at greater than the sum of individual business units. c. it is valued at the exact sum of individual business units. d. it is consistently lower than the industry average.it is valued at greater than the sum of individual business units.

China white was the black market selling of ivory, in which the profit was redistributed back into the trafficking of heroin.