Question 1: Can a company have both deferred tax assets and deferred tax liabilities at the same time?

If yes, how?
Question 2: In what way do the data regarding deferred tax assets and liabilities provide valuable
information to current and potential investors and creditors?
Question 3 These net operating loss carrybacks sound like a great feature of the tax law. However,
what did the company have to do take advantage of this aspect of the law?