32 C CHECK-UP from the list Fil in the blanks with the correct terms f Allotment Byfaws Common stock Distributed Dividends Founder's shares Legal entity Organisational structure Preferred shares Property 1 our company doesn't yet exist in the eyes of the law. 2 We've purchased some buildings and machinery We some 3 And we've planned the way it will be put together, we've planned the 4. We've also decide on the plan for giving out the shares. The shares has been determtod 5 The rules of the company have not been written we have no 6 A few shares for assistance in setting up the company will be issued we issue some 7. And some of the office will be issued shares which give them special rights of to both profits and to company property. They'll receive . 8 But most of the shareholders will receive the most usual type of partial ownership In a company. They'll hold 9 All of these people will of course, receive portions of the profits. They' be paid 10. I don't know when the shares will be given out. I can't say when they
Which of the following is not an acceptable method of determining the required annual payment of federal income tax for corporations? A) 100 percent of the prior year's tax liability (with a few exceptions) B) 100 percent of the current year's tax liability C) 100 percent of the estimated current year tax liability using the annualized income method D) All of the choices are acceptable methods of determining the required annual payment of federal income tax for corporations. Explain. Explain.
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