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Question 16 of 20 > This question: 15 point(s) possible Submit quiz An S corporation earns $4.9 per share before taxes. The corporate tax
Question 16 of 20 > This question: 15 point(s) possible Submit quiz An S corporation earns $4.9 per share before taxes. The corporate tax rate is 35%, the personal tax rate on dividends is 20%, and the personal tax rate on non-dividend income is 39%. What is total amount of taxes paid if the company pays a $2 dividend? A. $1.91 B. $2.68 C. $1.53 OD. $2.29
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Fundamentals of Investing
Authors: Scott B. Smart, Lawrence J. Gitman, Michael D. Joehnk
12th edition
978-0133075403, 133075354, 9780133423938, 133075400, 013342393X, 978-0133075359
