Compute the personal tax rate

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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 40%?, and your personal tax rate on? (both dividend and? non-dividend) income is 25%. How much is left for you after all taxes are? paid?

Reference no: EM133114825

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