SOLUTION: you are a share holder in corporation C. The corporation earns $3 per share before taxes. Once it has paid taxes, it will distribute the rest of its earnings to you as a dividend.

Question 467225: you are a share holder in corporation C. The corporation earns $3 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 is 35%, and the 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__________ per share. Round to the nearest cent.
Answer by Big Poop(157) (Show Source): You can put this solution on YOUR website!

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