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mario62 [17]
2 years ago
10

"Consider a C corporation. The corporation earns $2.5 per share before taxes. After the corporation has paid its corresponding t

axes, it will distribute 50% of its earnings to its shareholders as a dividend. The corporate tax rate is 30%, the tax rate on dividend income is 20%, and the personal income tax rate is set at 28%. What are the shareholders earnings from the corporation after all corresponding taxes are paid
Business
1 answer:
Advocard [28]2 years ago
4 0

Answer:

$0.70 per stock

Explanation:

before tax corporate income = $2.50 per stock

after tax corporate income = $2.50 x (1 - 30%) = $1.75 per stock

distributed dividends = $1.75 x 50% = $0.875 per stock

since the tax rate on dividends is 20%, then the after tax gain earned by stockholders is $0.875 x (1 - 20%) = $0.70 per stock

Some dividends are taxed as long term capital gains (like these), which decreases the tax rate paid by stockholders. If they were taxed at the normal income rate, the tax rate would have been 8% higher.

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Allen Company used $71,000 of direct materials and incurred $37,000 of direct labor costs during the current year. Indirect labo
mr_godi [17]

Answer:

$130,200

Explanation:

                                  Allen Company

                Statement of cost of goods manufactured

                          For year ended December 31

Opening work in progress inventory                       5,500

Direct Materials                                         71,000

Direct Labour                                             37,000

<u>Factory Overhead</u>

Indirect Labour                     2,700

Indirect Materials                 1,600

Utilities                                  3,100

Maintenance                         4,500

Supplies                                1,800

Depreciation                         7,900  

Property Tax                         <u>2,600</u>             <u>24,200</u>

Total manufacturing cost incurred                            <u>132,200</u>

Total manufacturing cost                                            137,700

Less: Closing work in progress inventory                    <u>7,500</u>

Cost of goods manufactured                                    <u>$130,200</u>

4 0
2 years ago
Why do you think that people might treat a small purchase like a snack, differently from the way they would treat the purchase o
Eva8 [605]
I think people would treat a small purchase like a snack differently than that of a bigger purchase like a washing machine because they would like to save up money and spend less. By buying a snack it’s a very small amount of money whereas a washing machine is a big amount of money so most people would by a snack rather than a washing machine mostly if they had little money because if the bought a washing machine they would either have a very little bit of money left or no money at all. Also I would consider myself a smart consumer because I only buy things or spend my money if I really need the thing that I am spending my money on.
8 0
2 years ago
Some traits of successful individuals in our industry, as mentioned by Aimee Mangold of KOLTER Hospitality included: drive, inte
Naddika [18.5K]

Answer:

The answer is false (B)

Explanation:

From the question given, the answer is false.

Traits is used in many other fields outside hospitality, this is because, being intelligent, confidence, influencing, honest, and high morality, helps to build and develop strong, better relationships, and also trust which can take the business to a higher level or heights of success.

5 0
3 years ago
Prior to the closing, one final inspection should take place. This is also known as the final what?
iren [92.7K]

Prior to the closing, one final inspection should take place. This is also known as the final walk through.

<h3>What is walk through inspection?</h3>

Just prior to closing, a walk-through inspection is performed to make sure the property is still in good shape, there hasn't been any additional damage, and all of the fixtures included in the sale are still there.

A buyer and their real estate agent will tour the house together during the walkthrough. They'll make sure there isn't any fresh damage, that all of the house's systems and appliances that are included in the sale are still in good functioning order, and that the house is clean.

<h3>What is purpose of walk-through?</h3>

The objectives of a walk-through are as follows: By involving stakeholders from both inside and outside the software discipline, you can gather information about the subject of the document. Describe and explain the document's contents. Obtain agreement on the document as a whole.

To know more about walk-through visit:

brainly.com/question/15212545

#SPJ4

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1 year ago
How to make flavored soft serve ice cream fresh ingredients?
RSB [31]
Soft Serve ice cream has been around since the 1930's, with a large milk base proteins to achieve the desired soft texture. This style of ice cream is characterized by light flavor and rich creamy texture. To make soft serve ice cream you will need a combination of whole milk, heavy cream, sugar, salt, dry ice and your desired flavorings. You will need to blend the core ingredients together then churn in the crushed dry ice to achieve the desired texture. You can mix in a variety of fresh fruits in the blending process, and you can also juice them prior to the churning process. 
7 0
2 years ago
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