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Paula is the sole shareholder of Violet, Inc.For 2012, she receives from Violet a salary of $300,000 and dividends of $100,000.Violet's taxable income for 2012 is $500,000.On audit, the IRS treats $100,000 of Paula's salary as unreasonable.Which of the following statements is correct?
Direct Foreign Investment
An investment made by a company or individual in one country in business interests in another country, in the form of either establishing business operations or acquiring business assets.
Research And Development Facility
A specialized workspace dedicated to the exploration and creation of new products, services, or technologies.
Pharmaceutical Company
A commercial business licensed to research, develop, market, and/or distribute drugs, most commonly in the context of healthcare.
Ethnocentric Staffing Model
A staffing approach used by multinational companies that primarily uses parent country nationals to staff higher-level foreign positions.
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