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Kaitlyn Nicole
on Nov 03, 2024

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Brady decides to start a trust-run hospital to help the poor get expensive treatments for free.Which of the following is most likely to be true of the hospital?

A) It has a high profit margin.
B) It issues stock certificates.
C) It pays dividends to owners.
D) It is exempt from corporate taxes.

Trust-Run Hospital

A healthcare institution managed and operated by a trust to provide medical services to the public.

Corporate Taxes

Taxes imposed on the income or profit of corporations and businesses by the government.

Profit Margin

The portion of revenue that remains after paying all expenses, indicating the financial health and profitability of a business.

  • Determine the attributes and advantages of various kinds of corporations, such as public, private, international, and nonprofit entities.
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olyvia colsonNov 09, 2024
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