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betterway betterway
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7 years ago
An excess earnings accumulation tax is levied when ________.
A) shareholders receive dividends which exceed a firm's earnings
B) firms do not pay dividends in order to delay the owners' tax liability
C) firms do not pay dividends to reinvest in the firm
D) earnings exceed accumulated dividends over the years
Textbook 
Principles of Managerial Finance

Principles of Managerial Finance


Edition: 14th
Authors:
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UlainUlain
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7 years ago
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