A corporation earns $8.30 per share before taxes. The corporate tax rate is 39%, the personal tax rate on dividends is 1
Posted: Wed Jul 06, 2022 6:41 pm
A corporation earns $8.30 per share before taxes. The corporatetax rate is 39%, the personal tax rate on dividends is 15%, and thepersonal tax rate on non-dividend income is 36%. What is the totalamount of taxes paid per share if the company has a payout ratio of45%?
Answer to two decimals (dollars and cents)
Answer to two decimals (dollars and cents)