1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Mariana [72]
3 years ago
8

You are a shareholder in a C corporation. The corporation earn $3 per share before taxes. Once it has paid taxes, it will distri

bute the rest of its earning to you as a dividend. The corporate tax rate is 35 % and the personal tax on ( both dividend and non-dividend) income is 20%. How much is left for you after all taxes are paid??
The amount that remains is $ Per share
Mathematics
1 answer:
LenaWriter [7]3 years ago
4 0

Answer:

The money left for you is $1.56 per share.

Step-by-step explanation:

Consider the provided information.

The corporation earn $3 per share before taxes.

Earnings of the corporation = $3/share

The corporate tax rate is 35 % = 0.35

Therefore, the dividend paid per share = 3×(1 -0.35) = $1.95/share

The dividend is the personal income so taxed 20%  = 0.20

Therefore,

Final amount received = 1.95×(1 - 0.2) = $1.56/share

Hence, the money left for you is $1.56 per share.

You might be interested in
the first four terms of a geometric progression are 2,10,50,250 a) write down the common ratio of the progression b) write down
VLD [36.1K]

Answer:

The common ratio is 5 and the 5th term is 1250

Step-by-step explanation:

The common ratio is given by

r=U(2)/U (1)

=10/2

=5

The fifth term

U (n)=ar^n-1

U(5)=2(5)^5-1

=2×5^4

=2×625

=1250

3 0
4 years ago
Can any one please help me with these Math questions soon as possible?
disa [49]

Answer:

the answer to the first question is 9/27, 5/27, 13/27

the answer to the second question is 27/126, 33/126, 20/126, 42/126

the answer to the last question is 32/44

Step-by-step explanation:

they way you solve the fist two questions you just add the numbers up and that will tell you your probability.

for the last question you take the number of players and subtract it by 12 to get the top number

7 0
3 years ago
Help huryyyyyyyyyyyyy
zhuklara [117]

Answer: 4

Step-by-step explanation:

Because %s can be expressed as fractions over 100, because 90 is 70% of x, 70% is 70% of 100.  Thus, 90/x = 70/100.

<em>Hope it helps <3</em>

8 0
3 years ago
Read 2 more answers
Write the equation of a straight line passing through the point (1,8) and perpendicular to y=3x+2
Neko [114]
Hello there!

The first thing you must do is to find the slope of the line. To do this, find the negative reciprocal of your current equation. Since your current slope is 3, the negative reciprocal of that would be -1/3, which would be your slope.

Now that you have your slope, plug it into the slope intercept equation as well as your known points:
(1,8)  m(slope)=-1/3
8=1(-1/3)+b

Now, solve for b:
8=1(-1/3)+b
8=-1/3+b
b=25/3

Now that you have the slope and the b value, you can conclude that your equation would be:
y=-1/3x+25/3
5 0
4 years ago
The green carpet is 4 feet wide by 2 feet long, and therefore, it has an area of what?
DiKsa [7]
The area of the green carpet would be 8
8 0
3 years ago
Read 2 more answers
Other questions:
  • Does anyone know this ????
    14·1 answer
  • The water level of a river is 34 feet and is receding at a rate of 0.5 foot per day. Write an equation that represents the water
    7·1 answer
  • sofie and josh made 17 ounces of dough. they used 5/8 of the dough to make a pizza and used the rest to make calzones. what is t
    5·2 answers
  • Given: If X, then Y. If Y, then Z. Y is true. So: X is unknown, Z is unknown X is unknown, Z is true X is false, Z is true X is
    14·1 answer
  • Picture below 15 points​
    11·2 answers
  • A cement path consists of six equal-sized cement squares arranged in a row to form a rectangle. If the total area of the path is
    15·1 answer
  • Esteban finds 12 baseball cards on Monday and 24 more baseball cards on Tuesday. He gives some baseball cards to his sister, and
    7·1 answer
  • -14=-20y-7x<br> 10y+4=2x <br><br> Solve by Elimination please!
    10·1 answer
  • How do I do this number 5 and 6
    5·1 answer
  • If you know the area of a circle, how can you find its radius? Use the drop-down menus to explain your answer. (Choose: A. Divid
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!