Fill This Form To Receive Instant Help

Help in Homework
trustpilot ratings
google ratings


Homework answers / question archive / You are a shareholder in a corporation

You are a shareholder in a corporation

Finance

You are a shareholder in a corporation. The corporation earns $7.50 per share before taxes. Once it has paid taxes, it will distribute the rest of its earnings to you as a dividend. The corporate tax rate is 35% and the personal tax rate on dividend income is 20%.How much is left for you after all taxes are paid? What is your total effective tax rate?

pur-new-sol

Purchase A New Answer

Custom new solution created by our subject matter experts

GET A QUOTE