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The concept of Earnings & Profits refers to: Group of answer choices a Subchapter C corporation's economic ability to pay dividends to shareholders. a Subchapter

The concept of Earnings & Profits refers to: Group of answer choices a Subchapter C corporation's economic ability to pay dividends to shareholders. a Subchapter S corporation's economic ability to pay dividends to shareholders. taxable income. a performance metric similar to net income/profit. None of the answers are correct?

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