Last year, jane identified $87,400 as a nonbusiness bad debt. in that tax year before considering the tax implications of the nonbusiness bad debt, jane had $174,800 of taxable income, of which $8,740 consisted of short-term capital gains.
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There are many potential goals of a corporation, such as: minimize costs, maximize sales, maximize employment, maximize earnings, maximize shareholder wealth, maximize dividend payments, etc.
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