None You are a shareholder in an S corporation. The corporation earns $8.5 per share before taxes. Once it has paid any applicable taxes it will distribute the rest of its earnings to you as a dividend. The corporatetax rate is 1.9%, and the personal tax rate on income is 7.1 %. How much is left for you after all taxes are paid? The amount that remain is $ per share. (Round to two decimal places.)

Step 1:ParticularsAmount ($)Earning before taxes$8.50Less: Corporate tax (8.50*1.9%)0.1615Corporate…

Answered: You are a shareholder in an S…

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

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You are a shareholder in a C corporation. The corporation earns $2.13 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 25%, and your personal tax rate on (both dividend and non-dividend) income is 20%. How much is left for you after all taxes are paid?
You are a shareholder in a C corporation. The corporation earns $1.77 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 21% and your personal tax rate on (both dividend and non-dividend) income is 20%. How much is left for you after all taxes are paid? The amount that remains is how much per share? (Round to the nearest cent.)
You are a shareholder in a "S" corporation. This corporation earns $4 per share before taxes. After it has paid taxes, it will distribute the remainder of its earnings to you as a dividend. The dividend is income to you, so you will then pay taxes on these earnings. The corporate tax rate is 21% and your tax rate on dividend income is 15%. The effective tax rate on your share of the corporations' earnings is closest to: WHEELSTE • 15% O 21% О 28% O 33% • 36%
You are a shareholder in a corporation. The corporation earns $5 per share before taxes. After it has paid taxes, it will distribute the rest of its earnings to you as dividend. The corporate tax rate is 30% and your personal tax rate on dividend income is 25%. What is the amount of your after-tax earnings on dividend? a. 0.875 b. 1.25 c. 1.875 d. 2.625 e. 3.50
You are a shareholder in a C corporation. The corporation eams $1.74 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 40%, 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 that remains is Sper share (Round to the nearest cont) Gre
You are a shareholder in an S corporation. The corporation earns $2.36 per share before taxes. As a pass through entity, you will receive $2.36 for each share that you own. Your marginal tax rate is 20%. How much per share is left for you after all taxes are paid? The amount that remains is how much per share. (Round to the nearest cent.)
You are a shareholder in an S corporation. The corporation earns $2.24 per share before taxes. As a pass through entity, you will receive $2.24 for each share that you own. Your marginal tax rate is 20%. How much per share is left for you after all taxes are paid? Amount that remains is $ per share. (Round to the nearest cent.)
You are a shareholder in a corporation. The corporation earns $8.00 per share before taxes. After it has paid taxes, it will distribute the rest of it's earnings to you as a dividend (We make this simplifying assumption, but should note that most corporations retain some of their earnings for reinvestment). The dividend is income to you, so you will then pay taxes on these earnings. The corporate tax rate is 25% and your tax rate on dividend income is 20%. How much of the earnings remains after all taxes are paid?
A C corporation earns $4 per share before taxes. The corporate tax rate is 21%, the personal tax rate on dividends is 15%. What is the total amount $ of taxes paid (company + individual) if the company pays a $2 dividend?
Don't provide handwritten answer. You are a shareholder in a C corporation. The corporation earns $1.81 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 38% and the 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 that remains is $ per share. (Round to the nearest cent.)
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QUESTION 1 "Consider a C corporation. The corporation earns $4 per share before taxes. After the corporation has paid its corresponding taxes, 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 shareholder's earnings from the corporation after all corresponding taxes are paid? Note: Express your answers in strictly numerical terms. For example, if the answer is 5%, enter 0.05 as an answer; or if the answer is $500, write enter 500 as an answer."

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