If you are paying taxes at the 35% tax bracket, you should

A) consider investing in tax free municipal bonds.
B) make the maximum tax deductible contribution to your company 401K.
C) increase the interest expenses you pay by taking loans on expensive autos instead of paying cash.
D) Both A and B are correct.


Answer: D

Business

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The process of taxing corporate income both to the company that earns it and the owners who receive it is called ____________________

Fill in the blank(s) with correct word

Business

Answer the following statements true (T) or false (F)

1. Keurig created a new category of coffee/tea preparation by offering one-cup-at-a-time pod-style brewing with its "K-cups." Keurig's product is an example of a transformational innovation. 2. An organizational culture that celebrates failure helps foster innovation. 3. Personality test data should be supplemented with information from reference checks, personal interviews, ability tests, and job performance records when hiring. 4. Integrity tests are ineffective because dishonest people are able to fake conscientiousness, even on a paper-and-pencil test.

Business

Which of the following is the best example of a consumer good?

A) the riding lawn mower purchased by the landscaping company B) the disposable diapers purchased by the new mother for her baby C) the paint purchased by the contractor D) the cookies purchased for the daycare center E) the art supplies purchased for the elementary school art center

Business

An educational organization such as Williams College that is exempt under ยงย 501(c)(3) cannot be classified as a private foundation if its only sources of revenue are from tuition and alumni contributions.

Answer the following statement true (T) or false (F)

Business