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You are a shareholder in a C corporation. The corporation earns $19 per share before taxes. Once it has paid taxes, it will distribute the
You are a shareholder in a C corporation. The corporation earns $19 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 38%, and the personal tax rate on dividend income is 19%. How much is left for you after all taxes are paid? The amount that remains is $ per share. (Round to 2 decimals.) Answer: Company A, Inc. has a total asset of $60,000 million. Its total liability is $48,000 million. The price of the stock is $529 per share and the stock has 50 million shares outstanding. What is Company A's market-to-book ratio? (Round to 2 decimal places)
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