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Select the correct answers to fill in the blanks As far as US butinesses, about percent of all revenues are generated by corporations, which make

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Select the correct answers to fill in the blanks As far as US butinesses, about percent of all revenues are generated by corporations, which make up percent of the business types H52 # 75 18 11 10 11 25 11 82 The Scorporation and the limited liability company have some similar and some different characteristics. Organize the list into advantages they share or advantages unique to each type Shared S-Corporation Limited Liability Profit distribution based on what shareholder contributed Not required to have annual meetings or a board of directors :: Owners not liable for company's debts II Earnings only taxed once + Shareholders do not have to be US citizens 11 Extensive record keeping required

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