Distribute the rest of earnings

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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 21% and your 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 how much per share? (Round to the nearest? cent.)

Reference no: EM133115732

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