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What is the tax benefit to retaining earnings? Question 13Answer a. It eliminates all taxes owed by the company b. It allows the company to

What is the tax benefit to retaining earnings? Question 13Answer a. It eliminates all taxes owed by the company b. It allows the company to avoid paying taxes completely c. It reduces the tax burden on the stockholders d. Taxes on share appreciation are usually lower than taxes on dividends

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