9. The difference between a C Corp and an S Corp is A. only a C Corp has a board of directors.

B. all companies must start
C Corps and become S Corps.

C. the tax code that each uses is different.

D. the personal assets of a C Corp owner belong to the business.

Chang corp. has $375,000 of assets, and it uses only common equity capital (zero debt). its sales for the last year were $595,000, and its net income was $25,000. stockholders recently voted in a new management team that has promised to lower costs and get the return on equity up to 15.0%. what profit margin would the firm need in order to achieve the 15% roe, holding everything else constant? a. 9.45%b. 9.93%c. 10.42%d. 10.94%e. 11.49%