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Doris Is Going to Invest $90,000 in a Business Entity

Question 22

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Doris is going to invest $90,000 in a business entity.She will manage the business entity.Her projected share of the loss for the first year is $36,000.Doris' marginal tax rate is 33%.Determine the cash flow benefit of the loss to Doris if the business form is:
Doris is going to invest $90,000 in a business entity.She will manage the business entity.Her projected share of the loss for the first year is $36,000.Doris' marginal tax rate is 33%.Determine the cash flow benefit of the loss to Doris if the business form is:

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