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Question 1 Not yet answered Points out of 1.00 May Parker is the sole shareholder of two corporations. Bentley Inc. is a private investigations service
Question 1 Not yet answered Points out of 1.00 May Parker is the sole shareholder of two corporations. Bentley Inc. is a private investigations service specializing in divorces. Bentley has only $290,000 in current and accumulated earnings, $110,000 of which is needed in the business and all of which is invested in extremely liquid assets. CarVol Inc. is a car shop with $240,000 in current and accumulated earnings, all invested in certificates of deposit and none of which is needed in the business. Which of the two corporations is more vulnerable to the accumulated earnings tax? P Flag question Select one: O a. Bentley Inc. O b. CarVol Inc. O c. Both are equally vulnerable d. Neither company is vulnerable
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