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14-03-2024
Business

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For the current year, Daly Corp. had the following income:Profit from operations $100,000 Dividends from a less-than-20%-owned taxable domestic corporation $1,000
In Daly’s current-year taxable income, how much should be included for the dividends received?
a) $0
b) $500
c) $700
d) $1,000

Respuesta :

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