Amelia Has a Lot of Business Knowledge and Is Confident

Multiple Choice

Amelia has a lot of business knowledge and is confident in her abilities to open a successful store. 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.