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Compute How much is left for after all taxes are paid

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Reference no: EM132992314

Problem 1: You are a shareholder in a corporation. The corporation earns $7 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 38%, the personal tax rate on dividend income is 35%, and the personal tax rate on other income is 42%. How much is left for you after all taxes are paid?

Reference no: EM132992314

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