How much additional money can a business owner receive by


Question - Suppose pre-tax earnings are $100,000.00 and the corporate tax rate is 42%. How much additional money can a business owner receive by declaring the earnings as personal income which is taxed at a rate of 31%?

a. $11,000.00

b. $42,000.00

c. $31,000.00

d. $3,200.00

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Accounting Basics: How much additional money can a business owner receive by
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