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.

Algebra ->  Finance -> 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.       Log On


   



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) About Me  (Show Source):