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  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
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