I guess the correct answer is $686, 800
XYZ corporation has income before taxes of $2 million and received $100,000 in preferred dividends from a company in which it owns 25% of the outstanding shares. If XYZ corporation is in the 34% tax bracket, it will pay taxes of $686, 800.
Since XYZ corporation owns 25% of the outstanding shares, it is exempt from paying taxes on 80% of dividends received from the stock. The corporation would need to pay taxes on only $20,000 of the dividends received (20% of the $100,000 in preferred dividends) plus the $2,000,000 of income the corporation earned. Since the corporation is in the 34% tax bracket, the tax would be $686,800. (34% of $2,020,000 = $686,800.)
Its forty nine for your answer
Answer:
a. $49,933,333.33 million
b. $48,533,333.33 million
Explanation:
The computations are presented below:
a. For current profits as dividends in before case
= Profits × (1 + opportunity cost) ÷ (opportunity cost - growth rate)
= $1,400,000 × (1 + 0.07) ÷ (0.07 - 0.04)
= $1,400,000 × 35.6666
= $49,933,333.33 million
b. For current profits as dividends in after case
= Profits × (1 + growth rate) ÷ (opportunity cost - growth rate)
= $1,400,000 × (1 + 0.04) ÷ (0.07 - 0.04)
= $1,400,000 × 34.6666
= $48,533,333.33 million
Answer:
"Labor unions" seems to be the right approach.
Explanation:
- Labor unions, therefore, have a substantial effect on jobs, corporations, and as well as the political system.
- This seems to be a worker association done to negotiate with the workplace in addition to performance management, such as claims, labor issues, compensation, minimum wages, service time, as well as other job security.
Answer:
SEP IRA
Explanation:
The biggest contribution to a retirement account can be made with a SEP IRA. This Simplified Employee Pension is an IRA account set up by small business in which the the contributions are made by the employer (which in this case is the client as well) and the contribution amounts made by the employer cannot exceed 25% of the employee's income, up to a maximum of $55,000 in 2018. Which in this case would be a total of $50,000 that the individual in this scenario can contribute per year.
