In the U.S.over 80% of businesses are ________,but nearly 85% of sales are generated by ________ while in Canada,about 80% of businesses are ________,but more than 60% of incomes before tax are generated by ________.

Question

Quizplus · Accepted Answer

In both the U.S. and Canada, the majority of businesses are structured as either sole proprietorships or partnerships, which are typically smaller in scale. However, the bulk of sales or income before tax is generated by businesses organized as corporations, which, despite being fewer in number, are generally larger and have more economic impact.

In the USOver 80% of Businesses Are ________,But Nearly 85% of Sales