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 fuelinnovation 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.

Tax incentive refers to a process of a country’s tax code that is designed to encourage economic…

Answered: OB. Large companies are the biggest…

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

Intermediate Financial Management (MindTap Course List)

13th Edition

ISBN:9781337395083

Author:Eugene F. Brigham, Phillip R. Daves

Publisher:Eugene F. Brigham, Phillip R. Daves

Chapter15: Distributions To Shareholders: Dividends And Repurchases

Section: Chapter Questions

Problem 2Q: How would each of the following changes tend to affect aggregate payout ratios (that is, the average...

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