Examlex
Descriptive characteristics used to segment business audiences include the following except
FMV
Fair Market Value, the price at which property would sell on the open market between a willing buyer and seller.
Basis
The amount of investment in property for tax purposes, used to calculate the gain or loss on the sale, exchange, or disposition of property.
Corporation
A legal entity owned by shareholders with rights and liabilities separate from those of its owners, and which pays taxes on earnings.
Fiscal Year-End
Fiscal Year-End refers to the last day of a company's accounting period, which is used for financial reporting and tax purposes and can vary but often ends on December 31.
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