What are the main advantages and disadvantages of organizing a firm as a C corporation? The advantages are: (Select all the choices that apply.) A. There is no limit on the number of owners a C corporation may have, thus allowing the corporation to raise substantial amounts of capital. B. The life of the business can continue beyond the death of any of the owners. C. The corporation can use the assets of the owners to pay for corporate liabilities. This attracts smaller investors to the corporation. D. The liability of the owners is limited to the amount of their investment in the firm. Homework: Chapter 1 Homework Save Score: 0 of 1 p P 1-6 (similar to) 2016 (0 complete) Hw Score: 0%, O of 6 pt Question Help You are a shareholder in a C corporation The corporation eams $1.79 per share before taxes.Once it has paid taxes it will distribute the rest of its earmings to you as a dindend. Assume the corporate tax rate is 36% and the personal tax rate on (both drvidend and non-drndend) ncome is 20%. How much s left for you after al taxes are paid? The amount that remains is per share (Round to the nearest cent) Homework: Chapter 1 Homework Score: 0 of 1 pt P 1-7 (similar to) Save 3of 6 (0 complete) Hw Score: 0%, 0 of 6 pt Question Help You are a shareholder in an S corporation. The corporation earns $2 48 per share before taxes. As a pass through entity, you will receive $2.48 for each share that you own. Your marginal tax rate is 25%. How much per share is left for you after al taxes are paid? Amount that remains is sper share (Round to the nearest cent)