Aubrey Has Been Operating His Business as a C Corporation

question 94

Essay

Aubrey has been operating his business as a C corporation for the past 5 years. The corporation pays him a reasonable salary. The profits of the corporation, after paying Federal income tax, are distributed to him each year as a dividend. He is considering electing S status for his corporation in order to avoid double taxation. What factors should he consider assuming after-tax earnings will continue to be distributed to him?

Recognize how changes in population affect economic indicators and resource consumption.

Identify the total fertility rate and its importance in population stability.

Analyze historical perspectives on population and economic theories.

Understand the role of technology and efficiency in resource use.

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Definitions:

Prefrontal Cortex

A region of the brain implicated in a variety of complex behaviors, including planning, decision making, and moderating social behavior.

Medial Temporal Lobe

A central nervous system structure, containing the hippocampus and surrounding cortical areas, that is involved in the storage and retrieval of experiences.

Hypothalamus

A region of the brain responsible for producing hormones that control body temperature, hunger, moods, release of hormones from many glands, especially the pituitary, and other homeostatic functions.

Amnesic Individuals

Persons who suffer from amnesia, a condition characterized by the inability to recall information that is stored in memory.