An S 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 $5.00 dividend?
A) $3.28
B) $3.93
C) $2.62
D) $4.59
Answer: A
You might also like to view...
Effective Communication with Telecommuter Sue has worked from home for four years, taking phone orders for a national catalog retailer. Sue feels unappreciated for her efforts and detached from management and coworkers. In times past, Sue's performance
had been very efficient, responsible, on-time, and reliable. Lately, however, her performance has faltered. Monitors listening in to her calls find she is not selling the new additional offers, as now is required. Using the theories discussed in the chapter as a basis for comment, how would you as Sue's supervisor motivate her to higher productivity and satisfaction?
The Board holds that ________ cannot be permanently replaced by the employer
a. economic strikers b. unfair labor practice strikers c. independent contractors d. managers
A round lot is
A) 100 shares. B) 10 shares. C) 1,000 shares. D) an even number group of shares.
The following information was obtained from matched samples taken from two populations. Assume the population of differences is normally distributed. Individual Method 1 Method 2 1 7 5 2 5 9 3 6 8 4 7 7 5 5 6 ? If the null hypothesis H0: ?d = 0 is tested at the 5% level,
A. the null hypothesis should be rejected. B. the null hypothesis should not be rejected. C. the alternative hypothesis should be revised. D. the null hypothesis should be revised.