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You are a shareholder in a corporation. The corporation earns $9 per share before taxes. Once it has paid taxes, it will
Posted: Tue Nov 16, 2021 8:34 am
by answerhappygod
- You Are A Shareholder In A Corporation The Corporation Earns 9 Per Share Before Taxes Once It Has Paid Taxes It Will 1 (22.31 KiB) Viewed 97 times
You are a shareholder in a corporation. The corporation earns $9 per share before taxes. Once it has paid taxes, it will distribute the rest of its earnings to you as a dividend. The corporate tax rate is 36%, the personal tax rate on dividend income is 35%, and the personal tax rate on other income is 45%. How much is left for you after all taxes are paid? The amount that remains is sper share. (Round to the nearest cent)