Question
You are a shareholder in an S corporation. The corporation earns $ 1.99 per share before taxes. As a pass through entity, you will receive
You are a shareholder in an S corporation. The corporation earns $ 1.99 per share before taxes. As a pass through entity, you will receive $ 1.99 for each share that you own. Your marginal tax rate is 30 %. How much per share is left for you after all taxes are paid?
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Introduction To Finance Markets, Investments, And Financial Management
Authors: Ronald W. Melicher, Edgar A. Norton
17th Edition
1119561175, 978-1119561170
