An additional perk of a private equity firm is that the profits for both CEOs and the partners are taxed at the 15% capital gains rate rather than the 35% rate they would suffer if the income was received as income

Indicate whether the statement is true or false


TRUE

Business

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The following are examples of commodity assets except

a. network management b. systems operations c. systems development d. server maintenance

Business

Which of the following would appear as a line item on the income statements of both a merchandiser and a manufacturer?

A) Direct Labor B) Cost of Goods Manufactured C) Direct Materials D) Cost of Goods Sold

Business

Which entity manages mandatory workers’ compensation programs?

A. The federal government B. Regional governments C. State governments D. Municipal governments E. County governments

Business

When you ignore another’s position by using an inequivalent, distorted, exaggerated, or misrepresented argument to substitute for it, you are depending on a

a. grass man. b. straw man. c. weed man. d. hay man.

Business