Business, 21.10.2020 16:01 missalawode28
Shirley and Clarence Fortune are going to operate their florist shop as a partnership or as an S Corporation. After paying Salaries of $100,000 to each of the owners, the florist shop's annual earnings are projected to be about $150,000. The earnings are to be invested in the growth of the business. Prepare a memorandum identifying as to which of the two (2) entity forms that Shirley and Clarence should select (considering both Tax and Nontax Factors).
Answers: 2
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Shirley and Clarence Fortune are going to operate their florist shop as a partnership or as an S Cor...
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