Asked by Arlisa Flores on May 12, 2024
Verified
In 2009 total profits (corporate pretax profits and proprietors;income) were over $________ billion.
A) 500
B) 1500
C) 2000
D) 3000
E) 3500
Corporate Pretax Profits
Earnings generated by a corporation before taxes are deducted, often used as a measure of a company's financial performance.
Proprietors' Income
The income earned by the owners of unincorporated businesses from their business activities.
- Recognize the magnitude of corporate and proprietorial profits in the national economy.
Verified Answer
DS
Derrick SmallsMay 13, 2024
Final Answer :
C
Explanation :
The question states that total profits were over a certain amount, but doesn't give an exact figure. The option that comes closest to this unspecified amount is 2000 billion dollars.
Learning Objectives
- Recognize the magnitude of corporate and proprietorial profits in the national economy.