Top Posters
Since Sunday
g
2
2
1
Home Q & A Board Other Fields Homework Help Business Finance
New Topic  
EpiscoWhat EpiscoWhat
wrote...
Go to Answer
Posts: 268
Rep: 4 0
7 years ago
You own 100 shares of a Sub Chapter "S" corporation.  The corporation earns $5.00 per share before taxes.  Once the corporation has paid any corporate taxes that are due, it will distribute the rest of its earnings to its shareholders in the form of a dividend.  If the corporate tax rate is 40% and your personal tax rate on (both dividend and non-dividend) income is 30%, then how much money is left for you after all taxes have been paid?
A) $210
B) $300
C) $350
D) $500
Textbook 
Corporate Finance: The Core

Corporate Finance: The Core


Edition: 4th
Authors:
Read 147 times
1 Reply
Replies
Answer verified by a subject expert
EgorGruzdevEgorGruzdev
wrote...
#1
Posts: 422
Rep: 16 0
7 years ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here
1

Related Topics

EpiscoWhat Author
wrote...

7 years ago
this is exactly what I needed
vanna2014
wrote...

Yesterday
Thanks
ediblefruitz
wrote...

2 hours ago
This calls for a celebration Person Raising Both Hands in Celebration
New Topic      
Quick Reply
Bold
Italic
Underline
Strikethrough
Subscript
Superscript
Insert Math Equation
Font Name
Font Color
Align left
Center
Align right
Bullet list
Numbered list
Insert a horizontal rule
Insert a table
Insert a Quote
View source
Explore
Post your homework questions and get free online help from our incredible volunteers
  1770 People Browsing
Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook
Related Images
  
 322
  
 326
  
 340
Your Opinion
Where do you get your textbooks?
Votes: 806
Previous poll results: Do you trust social media networks with protecting your privacy?