Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. finance
  3. you are a shareholder in a c corporation. the corp

You are a shareholder in a C corporation. The corporation earns $ 1.88 per share...

90.2K

Verified Solution

Question

Finance

You are a shareholder in a C corporation. The corporation earns

$ 1.88

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?

The amount that remains is

$nothing

per share.(Round to the nearest centimage

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

A bag has four balls labeled A B C and D One ball will be...

Statistics
Q

Complete the following equation that illustrates a Bronsted Lowry acid-base reaction. Phases are optional. HCl +...

Chemistry
Q

What advantages would Libra have over existing money transfer services such as that provided by the...

Finance
Q

Listen An explorer found a plant that had roots stems and leaves produced seeds This...

Biology
Q

The information a? = 2 and an = 2an-1-7 defines a recursive sequence. Fill in...

Algebra
Q

The following is a summary of information presented on the financial...

Accounting
Q

PIO-4A. Recording Payroll and Payroll Taxes The following...

Accounting
Q

Describe how a business charitable contribution is treated for tax purposes if the business owner...

Accounting
Q

Whistle Works manufacturers safety whistle keychains. They have the following information available to prepare their...

Accounting
Q

Tony and Suzie see the need for a rugged all terrain vehicle to transport participants...

Accounting
Q

Costs that are irrelevant for all future time periods Group of answer choices Accounting...

Accounting
Q

Portfolio Return 2.40% WN O UNA 2.20% 2.00% 1.80% 1.60% . . . 8 1.40%...

Finance