A profitable firm would __________.
A. pay corporate income taxes because it would have interest expense.
B. pay corporate income taxes because it would not have interest expense.
C. pay corporate income taxes if it had a positive taxable income.
D. none of these
A. pay corporate income taxes because it would have interest expense.
B. pay corporate income taxes because it would not have interest expense.
C. pay corporate income taxes if it had a positive taxable income.
D. none of these
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