22 Not yet answered Marked out of 1.00 Flag question In order to simplify the tax code, current regulations require that a dollar of income earned by a U.S. Corporation in the United States is taxed in the same way as a dollar of income earned by a U.S. Corporation in a foreign country. Select one: True False Question 23 Not yet answered Marked out of 1.00 Flag question Which of the following statement is true:- Select one: a. creditors have claims on assets after preferred stockholders and before common stockholders b. preferred stockholders have claims on the firm's assets after common stockholders c. preferred stockholders have claims on the firm's assets before common stockholders