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You are a shareholder in a C corporation. The corporation earns $1.76 per share before taxes. Once it has paid taxes it will distribute the
You are a shareholder in a C corporation. The corporation earns $1.76 per share before taxes. Once it has paid taxes it will distribute the rest of its earnings to you as a dividend. Assume the corporate tax rate is 36% and the personal tax rate on (both dividend and non-dividend) income is 28%. How much is left for you after all taxes are paid? The amount that remains is per share. (Round to the nearest cent.) What is the most important type of decision that the financial manager makes? (Select the best choice below.) O A. The financial manager's most important job is to make the firm's payment decisions O B. The financial manager's most important job is to make the firm's dividend decisions C. The financial manager's most important job is to make the firm's investment decisions O D. The financial manager's most important job is to make the firm's financing decisions What does the phrase limited liability mean in a corporate context? Owners' liability limited to the amount they invested in the firm. Stockholders responsible for any encumbrances of the firm in particular, they be req k any debts incurred by the firm is is not
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