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What is the maximum franking credit that can be allocated to a dividend of $14,000 by a company with a corporate tax rate for imputation
What is the maximum franking credit that can be allocated to a dividend of $14,000 by a company with a corporate tax rate for imputation purposes of 25%? (Choose closest amount)
a) $6,000
b) $10,500
c) $14,000
d) $4,667
e) $3,500
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