The fact that 50% of the interest income received by a corporation is excluded from its taxable income encourages firms to use more debt financing than they would in the absence of this tax law provision.

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


False

Business

You might also like to view...

In which of the following are these steps of a criminal case listed in the correct order?

A) Arrest, arraignment, indictment, trial B) Arrest, indictment, arraignment, trial C) Indictment, arraignment, arrest, trial D) Arraignment, arrest, trial, indictment

Business

Which of the following is a stated purpose of Article 2 of the UCC?

a. to simplify the law governing real estate transactions b. to free up the courts from having to decide on contract issues c. to make the laws governing sales uniform among the various jurisdictions d. to come up with a boilerplate form to be used in all sales transactions

Business

Job security is an example of which type of need?

a. physiological b. esteem c. safety d. self-actualization e. social

Business

Which of the following is a term for the number of permitted records in a related entity?

A) Entity B) Attribute C) Cardinality D) Trigger

Business