• the pre-tax earning of Incom Corp are $55.47. Incom plans to reinvest all proceeds into the firm for future growth and is configured as S-Corp. If the corporate tax rate, dividends tax rate, and personal income tax rates are 21.52%, 17.14%,and 21.61% respectively, what will investors in Incom have to pay in taxes?
• The pre-tax earnings of Kuat Drive Yards inc are $42.85. KDY INc. will distribute all of its earnings to shareholders, and is organized as a C-Corp. How much will investors get to keep if the corporate tax rate, dividends tax rate, and personal income taxes are 24.37%, 15.88% and 32.84%, respectively?