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Save You are a shareholder in a C corporation. The corporation earns $1.61 per share before taxes Once it has paid taxes, it will
Save You are a shareholder in a C corporation. The corporation earns $1.61 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 40%, and your personal tax rate on (both dividend and non dividend) income is 30% How much is left for you after all taxes are paid? The amount that remains is $ per share (Round to the nearest cont) 8
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