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pompa pompa
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7 years ago
Corporation A owns 15 percent of the stock of corporation B. Corporation B pays corporation A $100,000 in dividends in 2002. Corporation A must pay tax on ________.
A) $100,000 of ordinary income
B) $ 30,000 of ordinary income
C) $ 70,000 of ordinary income
D) $ 70,000 of capital gain
Textbook 
Principles of Managerial Finance

Principles of Managerial Finance


Edition: 14th
Authors:
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alovelyalovely
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7 years ago
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"It is better to fail in originality than to succeed in imitation."

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pompa Author
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7 years ago
Smart ... Thanks!
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Brilliant
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2 hours ago
Helped a lot
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