Solved

Maria Has a Lot of Self-Confidence and Business Knowledge

Question 50

Multiple Choice

Maria has a lot of self-confidence and business knowledge.She recently opened a bakery as a sole proprietor.She is expecting a high level of profits and is looking forward to:


A) The lower corporate tax rate paid by sole proprietorships.
B) Keeping all of the money she earns except for the taxes she is required to pay.
C) Keeping all of the money she earns since she does not have to pay taxes as a sole proprietor.
D) Easily raising additional large sums of money from the capital markets since she is a sole proprietor.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions