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Passive investment income means gross receipts generally are derived from which of the following? A. Gross sales price on the sale of stocks or bonds
Passive investment income means gross receipts generally are derived from which of the following?
A. Gross sales price on the sale of stocks or bonds
B. Interest earned by lending institutions
C. Interest earned on notes receivable from sales of inventory
D. Royalties, rents, dividends, interest, and annuities
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