The tax treatment of corporate profit means that corporations
A) cannot profitably issue common stock.
B) choose investment opportunities more efficiently than do other types of firms.
C) limits the things in which corporations can invest.
D) can generally avoid paying federal taxes but not state taxes.
Correct Answer:
Verified
Q70: The sole owner of a unincorporated business
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Q72: What percentage of American business firms are
Q74: Corporations account for a _ proportion of
Q76: Almost 85% of American firms have less
Q78: When a corporation needs capital to expand,
Q79: Double taxation of corporate earnings means
A)for individuals
Q85: A corporation's income is taxed
A)immediately after it
Q93: The major advantage of the corporation is
A)limited
Q95: A corporation is legally owned by its
A)chief
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