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.)
The Perfect Rose Co. has earnings of $1.70 per share. The benchmark PE for the company is 20.
What stock price would you consider appropriate? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)
Stock price = Earning per Share * PE Ratio
Stock price = 1.70*20
Stock price = $ 34
What if the benchmark PE were 23? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)
Stock price = Earning per Share * PE Ratio
Stock price = 1.70*23
<span>Stock price = $ 39.10</span>
Answer: Countries in the MORE HIERARCHICAL SOCIETIES
Explanation:
There are hierarchical societies in some nations of the world where compliance and almost blind obedience and followership is virtually above everything and everyone. In such countries, obedience is expected of you without asking so many questions. In these countries, asking questions or attempts to have a mind of your own can make you become isolated, despised or rejected if you don't comply or conform to others.
In these hierarchical societies, irrespective of how odd you think the actions of others are, you may generally be seen as a mischief-maker and will be immediately placed at the bottom of the society.
In the case of companies that are situated in these hierarchical societies, self-determination right is never encouraged. They generally believe that people will work for a company for the majority of their lives.
