Question
If the Government raises the federal income tax rates on corporations, in order to achieve the same after tax profits, corporations would be pressured to
If the Government raises the federal income tax rates on corporations, in order to achieve the same after tax profits, corporations would be pressured to __________________.
A.sell more units
B.sell fewer units
C.keep sales levels the same.
D.raise prices
E.find cost savings
F.A, D, and E.
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Cambridge IGCSE And O Level Accounting Coursebook
Authors: Catherine Coucom
2nd Edition
1316502775, 978-1316502778
