Question
When a corporation earns a profit, the corporation has to pay income taxes on that profit. The profit that remains after income tax is paid
When a corporation earns a profit, the corporation has to pay income taxes on that profit. The profit that remains after income tax is paid can be used by the corporation as either.
A. salaries or retained earning
B. dividends or expenses
C. retained earnings or savings
D. dividends or retained earnings
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Business Law Principles for Today's Commercial Environment
Authors: David P. Twomey, Marianne M. Jennings, Stephanie M Greene
5th edition
1305575156, 978-1305887657, 1305887654, 978-1305575158
