Congress allows corporations to exclude from taxes 70 to 100 percent of dividends received from other corporations. Congress did this to ________
A) encourage corporations to invest in each other
B) avoid double taxation on dividends
C) eliminates most of the potential tax liability from the dividends received by the second and any subsequent corporations
D) lower the cost of equity financing for corporations
C
Business
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Expressions written within text must be _____________________ for readers to comprehend
a. large enough b. explained c. cited d. simple enough
Business
A chain with 100 stores is currently opening between 7 and 10 stores per year. What performance measure most accurately reflects continuing sales productivity?
a. total sales b. sales increase on a year-to-year basis c. compound sales growth d. sales per square foot in stores open one year or more
Business