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Check my work b. If Ron pays a dividend of $95,000, what are the total taxes paid (corporate and individual as medium income)? What
Check my work b. If Ron pays a dividend of $95,000, what are the total taxes paid (corporate and individual as medium income)? What is the combined tax rate? Assume that Ron's Aerobics has accumulated retained earnings from previous periods. (Round the tax rate to 2 decimal places.) Total taxes Total tax rate % c. If Ron pays a salary of $95,000 what are the total taxes paid (corporate and individual as medium income)? What is the combined tax rate? (Round the tax rate to 2 decimal places.) Total taxes Total tax rate $ d. Would Ron's taxes be less if he operated as a proprietorship instead of a corporation? Yes No
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