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Home Q & A Board Other Fields Homework Help Business Accounting
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shy567 shy567
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6 years ago
In which of the following instances would a company most likely choose the carryforward option for a net operating loss?
A) The company expects lower tax rates in the future compared to the past.
B) The company expects higher tax rates in the future compared to the past.
C) The company expects lower earnings in the future compared to the past.
D) The company expects higher losses in the future compared to the past.
Textbook 
Intermediate Accounting

Intermediate Accounting


Edition: 1st
Authors:
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shimyshiguyshimyshiguy
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#1
Posts: 111
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6 years ago
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shy567 Author
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#2
6 years ago
This helps so much, thank you for responding so quickly...
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#3
6 years ago
No worries, I was online and bored Grinning Face with Smiling Eyes
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