mayanfang1

答案和详解如下：

Q7. When analyzing a company's financial leverage, deferred tax liabilities are best classified as:

A)   a liability or equity, depending on the company's particular situation.

B)   a liability.

C)   neither as a liability, nor as equity.

Correct answer is A)

Depends on the "performance" of the timing difference.

Q8. Which of the following statements regarding deferred taxes is FALSE?

A)   Only those components of deferred tax liabilities that are likely to reverse should be considered a liability.

B)   If deferred tax liabilities are not included in equity, debt-to-equity ratio will be reduced.

C)   If deferred taxes are not expected to reverse in the future then they should be classified as equity.

Correct answer is B)

When deferred tax liabilities are included in equity, it will reduce the debt-to-equity ratio (by increasing the denominator), in some cases considerably.