If corporations face tax disadvantages relative to partnerships, why might we continue to observe the corporate form,
Question:
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 73% (15 reviews)
Large businesses need large amounts of capital to operate and fund their businesses This means the ...View the full answer
Answered By
Mugdha Sisodiya
My self Mugdha Sisodiya from Chhattisgarh India. I have completed my Bachelors degree in 2015 and My Master in Commerce degree in 2016. I am having expertise in Management, Cost and Finance Accounts. Further I have completed my Chartered Accountant and working as a Professional.
Since 2012 I am providing home tutions.
3.30+
2+ Reviews
10+ Question Solved
Related Book For
Taxes And Business Strategy A Planning Approach
ISBN: 9780132752671
5th Edition
Authors: Myron Scholes, Mark Wolfson, Merle Erickson, Michelle Hanlon
Question Posted:
Students also viewed these Business Law questions
-
Why would smaller partnerships (and other businesses for that matter) use only the tax basis of accounting, which does not follow GAAP?
-
Why are partnerships and S corporations required to separately state certain items on their Schedule K rather than combining these items with the organization's operating profit or loss? Provide...
-
Select the correct equation for aggerate demand OAD -(X-M)=C+I+G AD=C-I-G+ (X-M) O-I=C+G+ (X-M)* AD AD-C-I= G+ (X-M)
-
(You can use other websites for this question) The Chicago Bulls realize that they've sucked since the 90s because they have relied on one start player for too long (Jordan, Rose), and that Machine...
-
a. Consider Figure 8.8. In a price-controlled market like this one, when will consumer surplus be larger: in the short run or in the long run? b. In this market, supply is more elastic, more...
-
We are playing special cards, which have the usual four suits (Spades, Hearts, Clubs, and Diamonds) but the ranks can be any positive integer. You have been delivered a hand of n cards, and you have...
-
Suppose you are a salesperson working 50 weeks per year, five days a week, eight hours a day. You want to make \($50,000\) per year, which is based on a 10 percent commission of gross sales. How many...
-
Xavier Stores Company and Lestrade Stores Inc. are large retail department stores. Both companies offer credit to their customers through their own credit card operations. Information from the...
-
As a skilled economic consultant, you are concerned about the forecast provided in the previous module, based on nominal values. Additional research indicates that the implicit price deflator was...
-
Data were collected on the amount spent by 64 customers for lunch at a major Houston restaurant. These data are contained in the file named Houston. Based on past studies the population standard...
-
Why might one group of investors prefer the corporate form, whereas another group of investors prefers the partnership form?
-
Suppose that the tax rate on personal income, tp, is equal to 40%; the corporate tax rate, tc, is equal to 35%; and the capital gains tax rate, tcg, is 20%. Also assume that the before tax rate of...
-
Eva received $60,000 in compensation payments from JAZZ Corp. during 2016. Eva incurred $5,000 in business expenses relating to her work for JAZZ Corp. JAZZ did not reimburse Eva for any of these...
-
Discuss what types of insurance you buy now (or are purchased on your behalf). ( rider life Insurance, health and all others covered through military retired as a dependent) What different types of...
-
The owner of a National Football League ( NFL ) team wants to move his team from its current city in the Midwest to a city in the West Coast. List at least three factors the owner should consider...
-
Explan: 1. How human rights violation affects communication? 2. Explain the image below about globalization and communication. FAKE NEWS 53333535 5555555 CLICK f 000 000 000 (O) M 222 20
-
Edge Corporation issues 20,000 shares of $5 stated value no par stock in exchange for land with an advertised price of $125,000 when the stock is actively trading for $6 per share. Journalize the...
-
Why do you suppose we tend to believe nonverbal cues, even when they contradict what a person is saying? Can you think of a situation in which you would believe the person's verbal message instead?
-
For all values, x, y, and z, if x y and y z, which of the following CANNOT be true? I. x = z II. x > z III. x < z F. I only G. II only H. III only J. I and II only K. I, II, and III
-
Convert the numeral to a HinduArabic numeral. A94 12
-
The Irontown Independent School District wants to sell a parcel of unimproved land that it does not need. Its three best offers are as follows: from the State Department of Public Safety (DPS), $4.3...
-
Eileen, a resident of Wyoming, goes to Montana to purchase her new automobile. She does this because Wyoming imposes a sales tax while Montana does not. Has Eileen successfully avoided the Wyoming...
-
The Grays live in Clay County, which is adjacent to Jackson County. Although the retail stores in both counties are comparable, the Grays usually drive a few extra miles to shop in Jackson County. As...
-
Milden Company is a merchandiser that plans to sell 4 1 , 0 0 0 units during the next quarter at a selling price of $ 5 9 per unit. The company also gathered the following cost estimates for the next...
-
How do organizational learning theories, such as the learning organization concept and knowledge management practices, contribute to sustained competitive advantage and organizational resilience in...
-
Harbert, Incorporated had a beginning balance of $12,000 in its Accounts Receivable account. The ending balance of Accounts Receivable was $10,500. During the period, Harbert collects $72,000 of its...
Study smarter with the SolutionInn App