2. Determine the after-tax dividend per 100 shares fir the following shareholders of an Australian company that pays tax, at 30%, on 80% of its earnings generates a profit of 175 million, has 1 million shares on issue, and pays out all its earnings as dividends: a) a charity (ie pays 0% tax) b) A superannuation fund (ie pays 10% tax on dividends) c) An individual that pays at 30% d) An individual that pays tax at 45%
2. Determine the after-tax dividend per 100 shares fir the following shareholders of an Australian company that pays tax, at 30%, on 80% of its earnings generates a profit of 175 million, has 1 million shares on issue, and pays out all its earnings as dividends: a) a charity (ie pays 0% tax) b) A superannuation fund (ie pays 10% tax on dividends) c) An individual that pays at 30% d) An individual that pays tax at 45%
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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