Examlex
Kirk is establishing a business in 2016 which could have potential environmental liability problems. Therefore, he is trying to decide between the C corporation form and the S corporation form. He projects that the business will generate losses of approximately $100,000 each year for the first 3 years and then will generate profits of at least $200,000 each year thereafter. All profits will be reinvested in the growth of the business. Kirk projects he will be in the 35% bracket in 2015 and thereafter. Advise Kirk on which tax form he should select.
Educational Attainment
The highest level of education an individual has completed.
TIMSS Test Results
Data outcomes from the Trends in International Mathematics and Science Study, assessing the academic abilities of students in these subjects across different countries.
Artificially Inflated
Refers to prices or values that have been increased through artificial means, rather than natural market forces or demand.
Educational Standards
Prescribed learning goals and performance expectations for students at various levels in the educational system.
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