Question
QUESTION 7 Consider a S corporation. The corporation earns $9 per share before taxes. The corporate tax rate is 35%, the tax rate on dividend
QUESTION 7
"Consider a S corporation. The corporation earns $9 per share before taxes. The corporate tax rate is 35%, the tax rate on dividend income is 28%, and the personal income tax rate is set at 28%. What are the shareholder's earnings from the corporation after all corresponding taxes are paid? Note: Express your answers in strictly numerical terms
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The Economics Of Money Banking And Finance
Authors: Keith Bain, Peter Howells
1st Edition
0582278007, 9780582278004
