equity method for deferred taxes

Hi everyone, Can anyone please go over an example where you demonstrate how to compute the deferred taxes using the equity method. I am just not clear on how to do the computation, as the textbook confused me more than it helped !! Any feedback is appreciated!

Hi everyone, Can anyone please go over an example where you demonstrate how to compute the deferred taxes using the liability method. I am just not clear on how to do the computation, as the textbook confused me more than it helped !! Any feedback is appreciated!

I am with you man,I just read through that section of the text(the exhibit stuff in teh first of the chapter) and it made no sense. I dont understand why or how it is being done. I agree that it is confusing in the book.

I hope someone step in and clear the dust !!