Quiz – T/F: 70% of the interest income received by corporations is excluded from its taxable income

Fundamentals of Financial Management, Concise

Brigham and Houston

09th Edition and 10th Edition

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70% of the interest income received by corporations is excluded from taxable income, firms are encouraged to finance themselves with more debt than they would otherwise, in the absence of this tax law.

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  • Search Terms: a. b. false true % absence by corporations debt encourages excluded fact finance firms from in income interest is its law more of provision. received tax taxable than that the they this to with would
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