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Kuljeet owns 20% of the stock of the Flin Flon Corporation. The tax rate on dividend income is 15%. If Flin Flon makes a dividend

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Kuljeet owns 20% of the stock of the Flin Flon Corporation. The tax rate on dividend income is 15%. If Flin Flon makes a dividend payment of $2,000,000 paid proportionally to its shareholders, how much of this amount would Kuljeet receive after taxes? O A. $340,000 O B. $450,000 O C. $300,000 O D. $400,000 O E. $60,000If $1 million is invested at 6% per year, in approximately how many years will the investment double? O A. 10.1 O B. 12.9 O C. 8.7 O D. 11.9 O E. 15

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