1 Select the correct answer from each drop-down menu. Complete the following sentences pertaining to the types of taxes that businesses have to pay. tax return tax is a way Every type of business, except partnership, is required to file an annual to pay taxes on income that are not subject to withholding. Reset Next​

On january 1, 2017, pharoah company issued 10-year, $2,020,000 face value, 6% bonds, at par. each $1,000 bond is convertible into 16 shares of pharoah common stock. pharoah’s net income in 2017 was $317,000, and its tax rate was 40%. the company had 97,000 shares of common stock outstanding throughout 2017. none of the bonds were converted in 2017. (a) compute diluted earnings per share for 2017. (round answer to 2 decimal places, e.g. $2.55.) diluted earnings per share