In the United States, individuals and corporations are the two entities that pay tax on business income.
Answer the following statement true (T) or false (F)
True
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Tomas and Saturn are partners who share income in the ratio of 3:1 . Their capital balances are $40,000 and $60,000 respectively. Income summary has a credit balance of $20,000 . What is Saturn's capital balance after closing income summary to capital?
a. $55,000 b. $75,000 c. $45,000 d. $65,000
Bobs marginal utility for consuming beer and pizza with $8.00 in income according to the above table, how much total utility does Bob get from 3 peices of pizza
A. 30 utils B. 130 utils C. 115 utils D. 85 utils
People want to view their leaders as ethical, fair, and just, especially with the public failing of high-level leaders in the past decade. This is ______.
A. a criticism of ethical leadership B. a strength of ethical leadership C. a failure of ethical leadership D. an unreasonable public view
All of the following are major trade agreements affecting global marketing except
A. GNI. B. CAFTA. C. ASEAN. D. EU. E. NAFTA.