FREE Trial
Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Ans corporation carns 58,50 per here before tree. The corporate tax rate is 39%, the personal tax fate on dividends is 15% and the personal

image text in transcribed
Ans corporation carns 58,50 per here before tree. The corporate tax rate is 39%, the personal tax fate on dividends is 15% and the personal tax rate on non dividend income is 36%. What the total amount of the pad the company pay $6.00 dividend? O A $3.67 OB $3.00 OG $4.28 OD 52.45

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Public Finance Fundamentals

Public Finance Fundamentals

Authors: K. Moeti

3rd Edition

148512946X, 9781485129462

More Books

Students also viewed these Finance questions

Question

★★★★★
Draw structures for the following: (a) 2-Methyiheptane (b) 4-Ethyl-2, 2-dimethylhexane (c) 4-Ethyl-3, 4-dimethyloctane (d) 2, 4, 4-Trimethylheptane (e) 3, 3-Diethyl-2, 5-dimethylnonane (f)...

Answered: 1 week ago

Question

★★★★★
Thelma and Louie, Inc., started the year with a balance of retained earnings of $544 million and ended the year with retained earnings of $588 million. The company paid dividends of $34 million to...

Answered: 1 week ago

Question

★★★★★
(LO 9-1) Descriptive analytics help calculate tax liability more accurately. Give some examples of tax-related descriptive analytics.

Answered: 1 week ago

Question

★★★★★
An investigation of the effectiveness of an antibacterial soap in reducing operating room contamination resulted in the accompanying table. The new soap was tested in a sample of eight operating...

Answered: 1 week ago

Question

★★★★★
Midtown Bikes has the following data: revenue = $120,000, costs = $98,000, depreciation = $3,000, interest = $2,000, marginal tax rate = 30%. What is the operating cash flow? $20,400 $16,900 $23,900...

Answered: 1 week ago

Question

★★★★★
Now according to the above, can you do this: Part B: Construct as balanced scorecard for your department. 1. Use the same categories in section A. 2. For each category, pick 1-2 measures. 3. For each...

Answered: 1 week ago

Question

★★★★★
In early 2021, an article in the Wall Street Journal made the following comment about President Biden's policies to increase manufacturing employment in the United States: "[President] Biden's "buy...

Answered: 1 week ago

Question

★★★★★
If you were the Director of Training and Development for Google, would you have all learning programs designed and facilitated by in-house professionals or would you rely on external trainers for...

Answered: 1 week ago

Question

★★★★★
Workplace Task 001 - Activity 2 Preparing for Assessment and Rating Report Workplace Task 001. Activity 2 Preparing for Assessment and Rating Report

Answered: 1 week ago

Question

★★★★★
In 2020, a pandemic engulfed the world due to variants of the coronavirus. In the United States, the functioning of federal, state, and local agencies almost came to a halt. Many social changes, such...

Answered: 1 week ago

Question

★★★★★
To complete this activity you will need to do the following: Research best practice in the delivery of legal services. You should: commence your research with the readings from the Essential...

Answered: 1 week ago

Previous Question Next Question