24 The 38 corporations that filed United States income tax returns
3 ~& `, N* ^/ ]8 I! R% K0 Gshowing a net income of more than $100 million accounted for6 I2 ~( \: x+ G* t
53 percent of the total taxable income from foreign sources
1 W7 h( j# m+ r2 `7 @! ?* s8 Z# Mreported on all tax returns. Sixty percent of the total taxable1 k* ?- F; a/ E8 K- J( W i' h
income from foreign sources came from the 200 returns
! h- q8 p- V2 X( q! c; |' Mreporting income from 10 or more countries.: A: Z! Y# s& `
If the statements above are true, which of the following must Y& Y9 s3 g- U& J; j
also be true?; F2 Q- f4 l! E/ Y/ k
A Most of the total taxable income earned by corporations with6 A' x! F* B7 R, s2 `
net income above $100 million was earned from foreign
: S0 L5 \# r5 O' h R sources. % U; h! w/ Z, Z" c" X
B Wealthy individuals with large personal incomes reported0 ~1 |8 e+ W7 ]( ?( {0 l* A
47 percent of the total taxable income from foreign sources. 1 R9 P3 H/ W, J3 |
C Income from foreign sources amounted to between 53 and- n3 H( @% @3 ^2 |9 G! U& _
60 percent of all reported taxable income.
" O: P. ~4 |' u* B D Some of the corporations with net income above $100 million
# p/ i4 y- {8 j) [" C reported income from 10 or more countries. 8 Z+ {* ?+ M- x/ F
E Most of the tax returns showing income from 10 or more
5 B7 V# O& L Y( b. V* o0 H countries reported net income of more than $100 million. |