Boutique Bodega Corporation would like to change its corporate status to that of an S corporation to avoid in¬come taxes at the corporate level. To qualify, the shareholders must not be

a. corporations.
b. estates.
c. individuals.
d. partnerships.

D

Business

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When evaluating a potential investment, managers should use only one measure for making a sound investment decision

Indicate whether the statement is true or false

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Sarah has good sensitivity to her surroundings, so she is unlikely to C

A) order a glass of white wine when her friends order red. B) smile at a grouchy customer. C) drive a Honda to the Ford credit office where she works. D) wear two-inch heels to the Toyota credit office where she works.

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