A ________ Is a Strategic Move by a Company to Make

question 4

Short Answer

A ________ is a strategic move by a company to make themselves less attractive to potential acquirers.

---

Definitions:

Current Year

The present calendar or fiscal year in which business operations, transactions, or tax considerations are being referenced or conducted.

Form 2553

A tax form used by small businesses to elect to be treated as an S corporation for the purposes of federal taxation.

Taxable Income

The portion of income that is subject to taxation after all allowances, deductions, and exemptions are considered.

Book Income

The income reported by a corporation for financial reporting purposes, which may differ from taxable income.