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Nata [24]
4 years ago
6

An S corporation earns per share before taxes. The corporate tax rate is​ 35%, the personal tax rate on dividends is​ 20%, and t

he personal tax rate on​ non-dividend income is​ 39%. What is the total amount of taxes paid if the company pays a ​dividend?
Business
1 answer:
kiruha [24]4 years ago
8 0

Answer:

$2.73

Explanation:

Question is incomplete. But assuming the company earn per shares before tax is $7 and the company pays a dividend of $2

Hence, the total amount of taxes paid is = Company earn per shares *  personal tax rate on​ non-dividend income

= $7 * 39%

= $7 * 0.39

=$2.73

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On January 1, 2020, Scottsdale Company issued its 12% bonds in the face amount of $3,000,000, which mature on January 1, 2030. T
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What do you mean by parent and host company?​
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3 years ago
Read 2 more answers
Zephyr Inc. sells wind based systems for generating electricity. The company pays no dividends, but you estimate the stock will
-BARSIC- [3]

Answer:

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