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If a corporation maxes $120,000 in profits and plans to pay it all out in dividends, how much will the shareholders receive in after tax

If a corporation maxes $120,000 in profits and plans to pay it all out in dividends, how much will the shareholders receive in after tax profits? Corporate tax rates are 30% and dividends are taxed at 20% $36,000 $67,200 $96,000 $84.000

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