Question
You are a shareholder in a C corporation. The corporation earns $1.69 per share before taxes. Once it has paid taxes it will distribute the
You are a shareholder in a C corporation. The corporation earns $1.69 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 25% and the personal tax rate on all income is 20%.How much is left for you after all taxes are paid?
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An Introduction To Socio-Finance
Authors: Jørgen Vitting Andersen, Andrzej Nowak
2013th Edition
3642419437, 978-3642419430
