Business, 26.03.2021 04:30 amanquen35

Analyzing and Interpreting Income Tax Disclosures The income tax footnote to the 2018 financial statements for Boeing follows. The components of income before tax were: Years ended December 31 ($ millions) 2018 2017 2016 U. S. $11,166 $9,660 $5,386 Non-U. S. 438 447 397 Total $11,604 $10,107 $5,783 Income tax expense/(benefit) consisted of the following: Years ended December 31 ($ millions) 2018 2017 2016 Current tax expense U. S. federal $1,873 $1,276 $1,193 Non-U. S. $169 $149 $133 U. S. State 97 23 15 Total current $2,139 $1,448 $1,341 Deferred tax expense U. S. federal $(996) $204 $(544) Non-U. S. $(4) $3 $(4) U. S. State 5 (6) (44) Total deferred $(995) $201 $(592) a. What is the amount of income tax expense reported by Boeing each year

Answers: 2

Show answers

Another question on Business

Business, 22.06.2019 07:30

Which of the following is an example of an unsought good? a. cameron purchases a new bike. b. jordan buys paper towels. c. taylor buys cupcakes from her favorite bakery. d. riley buys new windshield wipers for her car.

Answers: 3

Answer

Business, 22.06.2019 17:00

Aaron corporation, which has only one product, has provided the following data concerning its most recent month of operations: selling price $ 102 units in beginning inventory 0 units produced 4,900 units sold 4,260 units in ending inventory 640 variable costs per unit: direct materials $ 20 direct labor $ 41 variable manufacturing overhead $ 5 variable selling and administrative expense $ 4 fixed costs: fixed manufacturing overhead $ 64,200 fixed selling and administrative expense $ 2,900 the total contribution margin for the month under variable costing is:

Answers: 2

Answer

Business, 22.06.2019 19:00

Why is accountability important in managing safety

Answers: 2

Answer

Business, 22.06.2019 19:20

Although appealing to more refined tastes, art as a collectible has not always performed so profitably. during 2003, an auction house sold a sculpture at auction for a price of $10,211,500. unfortunately for the previous owner, he had purchased it in 2000 at a price of $12,177,500. what was his annual rate of return on this sculpture? (a negative answer should be indicated by a minus sign. do not round intermediate calculations and enter your answer as

Answers: 2

Answer

You know the right answer?

Analyzing and Interpreting Income Tax Disclosures The income tax footnote to the 2018 financial stat...

Questions