Which of the following are not taxdeductible items to a corporation? interest expenses marketing expenses dividends interest expenses and marketing expenses interest expenses , marketing expenses, and dividends

All of the following terms can be used for a corporation to describe the difference between assets and liabilities except: Group of answer choices Retained earnings Stockholders’ equity Net book value Net assets

How does the deductibility of interest and dividends by the paying corporation affect thechoice of financing (i.e., the use of debt versus equity)?

Corporations report which of the following in a separate section of the income statement? O Other revenues and gains. O Cost of goods sold. O Gross profit. O Income tax expense.

When we look at GAAP are corporations required by GAAP to have an accrual or cash basis of accounting?

How does a corporations debt differ from its equity

What is the difference in the tax treatment of interest anddividends paid by a corporation? Does this factor favor debt orequity financing?

True or False? Dividends should be authorized by the shareholders of the corporation.

The income and expenses of a corporation. For federal income tax purposes are referred to as what type of income

Which of the following are included in the total contributed capital of a corporation? I. Share capital accountsII. Additional paid in capital accountsIII. Retained EarningsIV. Share dividends distributable   I,II,III and IV I ,II and IV I and II I,II and III