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Home Q & A Board Other Fields Homework Help Business Finance
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achalmers achalmers
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4 years ago
You are a shareholder in a corporation which has elected chapter S treatment. The corporation announces a profit of $6 per share, of which it retains $2 for reinvestment and distributes the rest as dividend payments. Given that the personal tax rate is 35%, how much tax must you pay per share?

▸ $2.60

▸ $0

▸ $3.90

▸ $2.10
Textbook 
Fundamentals of Corporate Finance

Fundamentals of Corporate Finance


Edition: 2nd
Authors:
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BakariBakari
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4 years ago
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achalmers Author
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4 years ago
This calls for a celebration Person Raising Both Hands in Celebration
aricketts6@
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Yesterday
Thank you, thank you, thank you!
tcat
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2 hours ago
I appreciate what you did here, answered it right Smiling Face with Open Mouth
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