sis Group is a C-Corporation with $200,000,000 in pre-tax profits. It pays 30% of net income as dividends. The personal wage income tax rate is 40%, and the personal dividend income tax rate is 15%. It has 10,000,000 shares outstanding. What will happen to the after-tax income per share after the corporate tax rate falls from 35% to 20%

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A: Variables in the question:Operating income=$102,500Interest income=$15000Dividend…

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A: The question is based on the concept of Financial Accounting.

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A: Interest Bearing Debt = d = $300,000Interest Expenses Rate = r = 8%Value of Equity = e =…

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A:

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Q: 50

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A: Note: It is assumed that the requirement of the question is to compute the tax liability  Tax…