Question introductive<p> Please use the selected disclosure data in Exhibit 1 and Exhibit 2 for the Marcy Corporation.<br> <b>Note I: Income Taxes</b><br> The components of earnings before income taxes are as shown in Exhibit 1: </p> <table style="width:95%;text-align:center;border-spacing:5px;"> <caption>Exhibit 1: Earnings before Income Taxes (US dollars thousands)</caption> <tr><td class="left"></td> <th>Year 3 </th> <th>Year 2</th><th> Year 1</th></tr> <tr><td>Earnings before income taxes:</td><td></td><td></td><td></td></tr> <tr><td class="left">United States</td> <td class="right">USD117,758</td><td class="right">USD107,053</td><td class="right">USD97,321</td></tr> <tr><td class="left">Foreign</td><td class="right">57,526</td><td class="right">52,296</td><td class="right">47,542</td></tr> <tr><td class="left">Total</td><td class="right">USD175,284</td><td class="right">USD159,349</td><td class="right">USD144,863</td></tr> </table> <p> The components of the provision for income taxes are as shown in Exhibit 2:</p><br> <table style="width:95%;text-align:center;border-spacing:5px;"> <caption>Exhibit 2: Provision for Income Taxes (US dollars thousands)</caption> <tr><td class="left"></td> <th>Year 3 </th> <th>Year 2</th><th> Year 1</th></tr> <tr><td>Income taxes Current:</td><td></td><td></td><td></td></tr> <tr><td class="left">Federal</td> <td class="right">USD34,739</td><td class="right">USD34,257</td><td class="right">USD31,143</td></tr> <tr><td class="left">Foreign</td><td class="right">14,382</td><td class="right">13,074</td><td class="right">17,591</td></tr> <tr><td class="left">Foreign</td><td class="right">USD49,121</td><td class="right">USD47,331</td><td class="right">USD48,734</td></tr> <tr><td>Deferred:</td><td></td><td></td><td></td></tr> <tr><td class="left">Federal</td> <td class="right">(USD6,524)</td><td class="right">(USD6,002)</td><td class="right">(USD5,325)</td></tr> <tr><td class="left">Foreign</td><td class="right">389</td><td class="right">305</td><td class="right">262</td></tr> <tr><td class="left"> </td> <td class="right">(6,135)</td> <td class="right">(5,697)</td><td class="right">(5,063)</td></tr> <tr><td class="left">Total</td> <td class="right">USD42,986</td> <td class="right">USD41,634</td><td class="right">USD43,671</td></tr> </table>

Mise à jour