Answer:
$4.55
Explanation:
The corporate tax rate is applied to the net income, not the dividends
And the personal tax rate is applied to non-dividends income so it is not relevant here.
The stockholder would receive $5.00 before taxes. and it will pay 15% for this in taxes.
$5 x 15% = $0.45 dividend taxes
after tax $5 - $0.45 = $4.55
Answer:
D
Explanation:
A good has negative externality if the costs to third parties not involved in production is greater than the benefits. an example of an activity that generates negative externality is pollution. Pollution can be generated at little or no cost, so they are usually overproduced. Government can discourage the production of activities that generate negative externality by taxation. Taxation increases the cost of production and therefore discourages overproduction. Tax levied on externality is known as Pigouvian tax.
Government can regulate the amount of externality produced by placing an upper limit on the amount of negative externality permissible
A good has positive externality if the benefits to third parties not involved in production is greater than the cost. an example of an activity that generates positive externality is research and development. Due to the high cost of R & D, they are usually under-produced. Government can encourage the production of activities that generate positive externality by granting subsidies.
A public good is a good that is non excludable and non rivalrous. An example of a public good is a statue in a public park Everyone has assess to the statue and because one person is enjoying the view of the statue does not means another person cannot enjoy the view of the statue
Answer
a little late but the answer on edg2020 is C. $109
Explanation:
To obtain knowledge as to remember for the questions so you shall not forget
Answer:
Adjusting entry
Date Account Name and Explanation Debit Credit
Salaries Expense $650
Salaries payable $650
(To record salary expense)