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BartSMP [9]
4 years ago
14

Which of the following statements regarding C corporation is false?

Business
2 answers:
dedylja [7]4 years ago
8 0

c corporation are generaly not subject

Vedmedyk [2.9K]4 years ago
7 0

These are the choices I found on the internet:

A. C corporations are generally not subject to corporate income tax.

B. C corporations are separate entities for tax purposes.

C. Shareholders of a C corporation have limited liability.

D. Shareholders of a C corporation are taxed only when the corporation distributes earnings and profits.


The false one would be letter A - C corporations are generally not subject to corporate income tax. C corporations are subject to tax and may be taxed at a tax rate from 15 to 38 percent.

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Answer:

$294,412.8

Explanation:

In order to obtain a seat on the board of directors, Raul must hold more than 50 percent of the total number of outstanding shares if there are three open seats and straight voting occurs.

Total number of shares required = (46,000 ÷ 2) + 1

= 23000 + 1

= 23,001 shares

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Total amount = Total number of shares required × Market price of share

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= $294,412.8

The amount Raul wants to invest on obtaining a seat on board of directors is $294,412.8

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The reason a user account was locked out will be investigated within _______ and the documentation of the reason will be kept fo
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Answer:

72 hours, 12months

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When the reason is found and and told to the user, the reason is documented and kept for 12 months within which time if there is any need for reference, the document can be easily retrieved and gone through.

Cheers.

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Answer:

D

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i think

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