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OB. Large companies are the biggest contributors to the presidential eléclions IR the 88URly.

OB. Large companies are the biggest contributors to the presidential eléclions IR the 88URly.

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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The government of a country is planning to offer tax refunds and tax incentives to the largest companies in the country. The government feels that this is needed to fuel innovation and increase production. Which of the following, if true, would weaken the argument for providing tax incentives to big companies? O A Only small enterprises have shown net employment creation during the past five years. O B. Large companies are the biggest contributors to the presidential elections in the country. C. High corporate taxes are the reason for high product prices in this country. OD. The market capitalization of the biggest companies listed in the stock market has gone up in recent times. E. Research and development by large companies has been a key contributor to the country's development.
Transcribed Image Text:The government of a country is planning to offer tax refunds and tax incentives to the largest companies in the country. The government feels that this is needed to fuel innovation and increase production. Which of the following, if true, would weaken the argument for providing tax incentives to big companies? O A Only small enterprises have shown net employment creation during the past five years. O B. Large companies are the biggest contributors to the presidential elections in the country. C. High corporate taxes are the reason for high product prices in this country. OD. The market capitalization of the biggest companies listed in the stock market has gone up in recent times. E. Research and development by large companies has been a key contributor to the country's development.
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