Which of the following forms of organizations have earnings that are taxed twice, once as business income and once as personal income, when earnings are distributed to the owners in the form of dividends?

The principle of postponement is employed by a producer using a(n):

A) make-to-stock strategy. B) make-to-order strategy. C) assemble-to-order strategy. D) engineer-to-order strategy.

You purchased the stock of Sargent Motors at a price of $75.75 one year ago today. If you sell the stock today for $89.00, what is your rate of return?

A) 35.00% B) 12.50% C) 17.50% D) 25.00%