Multiple Choice
The Celluloid Collar Corporation has $360,000 in tax loss carry-forwards.The Bowstring Shirt Company,a firm in the 30% tax bracket,would be willing to pay (on a non-discounted basis) the sum of ______________ for the carry-forward alone.
A) $108,000
B) $252,000
C) $350,000
D) $200,000
Correct Answer:
Verified
Correct Answer:
Verified
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