You are a sharoutlet in a C corporation The corporation eans $30 per share before taxes, Once it has past taxes, wil debute the rest of es canings to you as a dividend. The corporate taxes 21% and the personal tax rate on dividend income is 43% How much is left for you aher all tases are paid? The amount that remans is $ per shen (Round to 2 decima) Ar

Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
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You are a sharphutter in a C corporation The corporation eans $30 per share before taxes, Once it has paid taxes, wil debude the rest of és panings to you as a dividend The corporate tax 2
and the personal tax rate on dividend income is 43% How much is left for you aher al tases are paid? The amount that remans in S pershan (Round to 2 dema)
A
Transcribed Image Text:You are a sharphutter in a C corporation The corporation eans $30 per share before taxes, Once it has paid taxes, wil debude the rest of és panings to you as a dividend The corporate tax 2 and the personal tax rate on dividend income is 43% How much is left for you aher al tases are paid? The amount that remans in S pershan (Round to 2 dema) A
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