The financial statements of Marks and Spencer plc (M&S) are available at the book's companion website or can be accessed at http://annualreport2012.marksandspencer.com/. Refer to M&S's financial statements and the accompanying notes to answer the following questions. What amounts relative to income taxes does M&S report in its 2012 income statement? (Round answer to 1 decimal place, e.g. 52.5. Enter amount in millions.) Total income tax expense Ă‚Â£million. What amounts relative to income taxes does M&S report in its 31 March 2012 statement of financial position? (Round answers to 1 decimal place, e.g. 52.5. Enter amount in millions.) Deferred income taxes, Current tax receivable Ă‚Â£million, Current tax liabilities Ă‚Â£million, Deferred tax liabilities Ă‚Â£million. What amounts relative to income taxes does M&S report in its 2012 statement of cash flows? (Round answer to 1 decimal place, e.g. 52.5. Enter amount in millions.) Tax paid Ă‚Â£million. M&S's provision for income taxes in 2011 and 2012 was computed at what effective tax rates? (See the notes to the financial statements.) (Round answers to 1 decimal place, e.g. 52.5.) 2012, 2011 M&S's effective tax rates %, %. How much of M&S's 2012 total provision for income taxes was current tax expense, and how much was deferred tax expense? (Round answers to 1 decimal place, e.g. 52.5. Enter negative amounts using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).) Current tax expense Ă‚Â£, Deferred tax expense, Total income taxes Ă‚Â£. What did M&S report as the significant components (the details) of its 31 March 2012 deferred tax assets and liabilities? (Round answers to 1 decimal place, e.g. 52.5.) Deferred tax assets Ă‚Â£, Deferred tax liabilities Ă‚Â£. By accessing this Question Assistance, you will learn while you earn points based on the Point Potential Policy set by your instructor.
