Question
(MULTIPLE CHOICE, 1 ANSWER) Pinder Ltd operates under the classical tax system. Pinder Ltd has a taxable income of $3224 and its tax rate is
(MULTIPLE CHOICE, 1 ANSWER)
Pinder Ltd operates under the classical tax system. Pinder Ltd has a taxable income of $3224 and its tax rate is 31%. Pinder Ltd pays all of its net income as dividends. If the average personal tax rate on dividend income is 50%, what is the total dividend income tax paid by Pinder Ltds shareholders? (round to the nearest two decimal places)
- None of the other answers.
- $761.42
- $1112.28
- $896.19
- $949.37
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Mastering Attribution In Finance
Authors: Andrew Colin
1st Edition
1292114029, 978-1292114026
