Business, 24.12.2019 23:31 HaileyAnn04
Ac corporation earns $4.50 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 $2.00 dividend? a) $2.48
b) $1.98
c) $0.90
d) $1.58
Answers: 2
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Ac corporation earns $4.50 per share before taxes. the corporate tax rate is 35%, the personal tax r...
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