You are a shareholder in a C corporation. The corporation earns $2.00 pershare before taxes. Once it has paid taxes it will distribute the rest of itsearnings to you as a dividend. Assume the corporate tax rate is 25% and thepersonal tax rate on all income is 20%. How much is left for you after all taxesare paid?The amount that remains is $ per share. (Round to the nearest cent.)

Dividend are disseminations of benefits made by a company to its shareholders as a remuneration for…

Answered: You are a shareholder in a C…

Intermediate Financial Management (MindTap Course List)

13th Edition

ISBN:9781337395083

Author:Eugene F. Brigham, Phillip R. Daves

Publisher:Eugene F. Brigham, Phillip R. Daves

Chapter6: Accounting For Financial Management

Section: Chapter Questions

Problem 7P

See similar textbooks

Similar questions

You are a shareholder in a C corporation. The corporation earns $1.59 per share before taxes. Once it has paid taxes it will distribute the rest of its earnings to you as a dividend. Assume the corporate tax rate is 36% and the personal tax rate on (both dividend and non-dividend) income is 25%. How much is left for you after all taxes are paid? The amount that remains is $ per share. (Round to the nearest cent.)
You are a shareholder in a corporation. The corporation earns $5 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 38%, the personal tax rate on dividend income is 25%, and the personal tax rate on other income is 42%. How much is left for you after all taxes are paid? The amount that remains is $ per share. (Round to the nearest cent.) ...
20) A C corporation earns $8.30 per share before taxes and the company pays a dividend of $2.00 per share. The corporate tax rate is 39%, the personal tax rate on dividends is 18%, and the personal tax rate on non-dividend income is 36%. What is the after-tax amount an individual would receive from the dividend? A) $1.49 B) $1.28 C) $1.22 D) $1,64
You are a shareholder in a C corporation. The corporation earns$ 1.86 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 your personal tax rate on (both dividend and non-dividend) income is 30%. How much is left for you after all taxes are paid? (The amount left per share)(round to nearest cent)
You own 100 shares of a "C" 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
You are a shareholder in a corporation. The corporation earns $10 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 36%, the personal tax rate on dividend income is 20%, and the personal tax rate on other income is 41%. How much is left for you after all taxes are paid? The amount that remains is $___per share. (Round to the nearest cent.)
An S corporation earns $6.30 per share before taxes. The corporate tax rate is 35%, the personal tax rate on dividends is 20%, and the personal tax rate on non-dividend income is 39%. What is the total amount of taxes paid if the company pays a $3.00 dividend? A. $1.97 B. $2.95 C. $3.44 D. $2.46 OC
An S corporation earns $5.20 per share before taxes. The corporate tax rate is 35%, the personal tax rate on dividends is 20%, and the personal tax rate on non-dividend income is 39%. What is the total amount of taxes paid if the company pays a $3.00 dividend? O $2.43 ○ $1.62 ○ $2.84 ○ $2.03
A C corporation earns $7.80 per share before taxes. The corporate tax rate is 39%, the personal tax rate on dividends is 15%, and the personal tax rate on non-dividend income is 36%. What is the total amount of taxes paid if the company pays a $4 dividend? A. $2.91 B. $4.37 C. $5.10 D. $3.64
A C corporation earns $9.10 per share before taxes. The corporate tax rate is 39%, the personal tax rate on dividends is 15%, and the personal tax rate on non-dividend income is 36%. What is the total amount of taxes paid if the company pays a $5 dividend? A. $4.30 В. $6.02 Ос. $5.16 D. $3.44
Required: Find the after-tax return to a corporation that buys a share of preferred stock at $40, sells it at year-end at $40, and receives a $4 year-end dividend. The firm is in the 21% tax bracket. (Round your answer to 2 decimal places.) After-tax rate of return %
(MORNING) AC corporation earns $4.30 per share before taxes. The corporate tax rate is 35%, the personal tax rate on dividends is 20%, and the personal tax rate on non-dividend income is 39%. What is the total amount of taxes paid if the company pay $2.00 dividend? This questuon: 10 polniS) possibie O A. $2.29 O B. $2.67 OC. $1.91 O D. $1.52 O Time Remaining: 00:50:30 Next O tv MacBook Air DII DD 80 F12 F9 F10 F11 esc F5 F6 F7 F8 F1 F2 F3 F4 @ $ & delete %3D 1 2 4 7 { Y U P Q W E tab J K = - .. .. - *

SEE MORE QUESTIONS

Recommended textbooks for you

Intermediate Financial Management (MindTap Course…

Finance

ISBN:

9781337395083

Author:

Eugene F. Brigham, Phillip R. Daves

Publisher:

Cengage Learning

EBK CONTEMPORARY FINANCIAL MANAGEMENT

Finance

ISBN:

9781337514835

Author:

MOYER

Publisher:

CENGAGE LEARNING - CONSIGNMENT

Financial Reporting, Financial Statement Analysis…

Finance

ISBN:

9781285190907

Author:

James M. Wahlen, Stephen P. Baginski, Mark Bradshaw

Publisher:

Cengage Learning

Intermediate Financial Management (MindTap Course…

Finance

ISBN:

9781337395083

Author:

Eugene F. Brigham, Phillip R. Daves

Publisher:

Cengage Learning

EBK CONTEMPORARY FINANCIAL MANAGEMENT

Finance

ISBN:

9781337514835

Author:

MOYER

Publisher:

CENGAGE LEARNING - CONSIGNMENT

Financial Reporting, Financial Statement Analysis…

Finance

ISBN:

9781285190907

Author:

James M. Wahlen, Stephen P. Baginski, Mark Bradshaw

Publisher:

Cengage Learning

SEE MORE TEXTBOOKS