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Time left 1:15:50 Question 21 Not yet answered Marked out of 100 Flag question If a corporation has a substantial funds in a cash account
Time left 1:15:50 Question 21 Not yet answered Marked out of 100 Flag question If a corporation has a substantial funds in a cash account (or other current assets) and has large accumulated earnings, they run the risk of being assessed a penalty tax. What is the maximum amount that can be held without reasons? O'a. $150,000 O b. $150,000 plus the reasonable needs of the business Oc. $250,000 Od. $250,000 plus the reasonable needs of the business Oe. $350,000 Of $350,000 plus the reasonable needs of the business Og $500,000 Oh $500,000 plus the reasonable needs of the business
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