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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?
Price Competition
A market condition where businesses compete primarily on the price of their products or services rather than quality or innovation.
Competitive Equilibrium
A state where supply equals demand within a competitive market, setting the equilibrium price and quantity.
Nash Equilibrium
A concept in game theory where no player can benefit by changing their strategy while the other players keep theirs unchanged.
Marginal Cost
The cost of producing one additional unit of a product.
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