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Show work please You are a shareholder in a corporation. The corporation earns $8.00 per share before taxes. After it has paid taxes, it will
Show work please
You are a shareholder in a corporation. The corporation earns $8.00 per share before taxes. After it has paid taxes, it will distribute the rest of its earnings to you as a dividend. The dividend is income to you, so you will then pay taxes on these earnings. The corporate tax rate is 25% and your tax rate on dividend income is 20%. How much of the earnings remains after all taxes are paid? - You are a shareholder in a corporation. The corporation earns $10.00 per share before taxes. After it has paid taxes, it will distribute the rest of its earnings to you as a dividend. The dividend is income to you, so you will then pay taxes on these earnings. The corporate tax rate is 35% and your tax rate on dividend income is 10%. How much of the earnings remains after all taxes are paidStep by Step Solution
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