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an explanation with the equation used on how to solve these would be appreciated and a solution. thank you You are a shareholder in an
an explanation with the equation used on how to solve these would be appreciated and a solution. thank you
You are a shareholder in an S corporation. The corporation arns \$2.12 per share before taxes. As a pass through entity, you will receive \$2.12 for each share that you own. Your marginal tax rate is 35%. How much per share is left for you after all taxes are paid? Amount that remains is $ per share. (Round to the nearest cent.) You are a shareholder in a C corporation. The corporation earns \$1.87 per share before taxes. Once it has paid taxes it will distribute the rest of its earnings to you as a dividend. Assume the corporate tax rate is 38% and the personal tax rate on (both dividend and non-dividend) income is 25%. How much is left for you after all taxes are paid? The amount that remains is $ per share. (Round to the nearest cent.) Step by Step Solution
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