Multiple Choice
Which of the following is an example of the conversion strategy?
A) A high tax rate taxpayer investing in tax exempt municipal bonds.
B) A corporation paying its owner a $20,000 salary.
C) A corporation paying its shareholders a $20,000 dividend.
D) A cash-basis business delaying billing its customers until after year end.
E) None of the choices are correct.
Correct Answer:
Verified
Correct Answer:
Verified
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