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Question 1 Tries remaining: 1 You are a shareholder in a C corporation. The corporation earns $6 per share before taxes. Once it has paid
Question 1 Tries remaining: 1 You are a shareholder in a C corporation. The corporation earns $6 per share before taxes. Once it has paid taxes, it will distribute the rest of its earnings to you as a dividend. The corporate tax rate is 39%, and the personal tax rate on dividend income is 29%. How much is left for you after all taxes are paid? The amount that remains is $ per share. (Round to 2 decimals.) Points out of 1.00 Flag question Answer: Check Question 2 Tries remaining: 1 You are a shareholder in an S corporation. The corporation earns $2.6 per share before taxes. Once it has paid any applicable taxes it will distribute the rest of its earnings to you as a dividend. The corporate tax rate is 9.5%, and the personal tax rate on income is 1.6%. How much is left for you after all taxes are paid? The amount that remain is $ per share. (Round to two decimal places.) Points out of 1.00 P Flag question Answer: Check Question 3 You have decided to form a new start-up company developing applications for the iPhone. Match each example listed below with the type of decision you would make as a Chief Financial Offer. Tries remaining: 1 Points out of 1.00 Choose... P Flag question Ensuring that your company has the necessary funds to make investments, pay interest on loans, and pay your employees Determining how to fund your iPhone application investments what what mix of bonds and stocks will sell. Choose... Determining which types of iPhone application projects will offer your company the best value and therefore which project your company should develop. Choose... Check
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