Ariel, a recent graduate in finance from a well-known university, was hired by a large corporation to work in tax management. Ariel's goal is:

O to prepare the company's tax returns.

O to be the firm's tax collector.

O to minimize the firm's tax consequences.

O to develop ways to increase taxes in order to enhance the bottom line.

Question

Business

Georgia Cannon

9 November, 17:37

Ariel, a recent graduate in finance from a well-known university, was hired by a large corporation to work in tax management. Ariel's goal is:

O to prepare the company's tax returns.

O to be the firm's tax collector.

O to minimize the firm's tax consequences.

O to develop ways to increase taxes in order to enhance the bottom line.

+2

Answers (1)

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Reece Cowan · Answer 1

Option C

Explanation:

In simple words, finance refers to the study of methodologies by which an organisation can use different sources to fund its operations with the intent of making profits. The investors and the owners of the security gets a share of profit as a return on their investments.

There are several types of securities that can be used for the funding purpose and all each have different tax regulation. Thus, Ariel should finance the company in way that results in lowest tax amount to be paid.