Multiple Choice
Corporate profits are found by
A) summing corporate income taxes, dividends, and undistributed corporate profits.
B) adding corporate income taxes and dividends and subtracting undistributed corporate profits.
C) subtracting corporate income taxes from the sum of dividends and undistributed corporate profits.
D) summing dividends, undistributed corporate profits, and proprietors' income.
Correct Answer:
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