Information about a potential fraud
Assume that a close family member came to you with information about a potential fraud at his or her employer. Prepare a summary of the advice you would offer as he or she ponders whether he or she will disclose the information.
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The enacted tax rates are 30 percent for the years 2011-2014 and 35 percent for 2015-2018. The total deferred tax liability on December 31, 2011, should be
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Compute diluted earnings per share for 2007. Complete the schedule and show all computations.
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