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katrin2010 [14]
3 years ago
8

The advantage to an S corporation is a. its offering of multiple classes of stock. b. its treatment of shareholders for income t

axation purposes. c. its ability to attract an unlimited number of shareholders. d. its ability to have partnerships and corporations invest as shareholders.
Business
1 answer:
Gala2k [10]3 years ago
8 0

<u>Answer:</u> Option B

<u>Explanation:</u>

S corporation is the company which comes under internal revenue code. S corporation companies passes the income, losses, credit through the shareholders for the purpose of federal tax. These companies have limited liability and need not pay double taxation.

For the purpose of tax benefit the S corporation companies pass all the deductions through their shareholders. With reasonable division substantial amount of tax can be savings. S corporation has better credibility and it is a well recognized business structure.

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Balloon manufacturer is trying to grow its sales by better addressing the needs of its customers. besides party stores, the comp
IgorLugansk [536]
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4 years ago
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Gre4nikov [31]
Retained earning
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A company's profits are distributed to shareholders as dividends, retained in the business for reinvestment, or both. Therefore, retained earning are profits that were not distributed to shareholders. They are funds that belong to owners but withheld for use in the business.
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5 0
3 years ago
Ben Rogers works as a cashier for Tillis Sporting Goods. One afternoon, he asked his sister Dawn to come into the store. When sh
Elena-2011 [213]

<u>Answer:</u> Inventory larceny scheme

<u>Explanation:</u>

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Ben Rogers and Dawn have involved themselves in Inventory larceny scheme where they take goods such as watches, fishing reels and sporting goods out of the inventory by selling it to third parties and make income for personal benefit.

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