What is the total tax and combined effective tax rate

Assignment Help Accounting Basics
Reference no: EM13539805

A corporation's taxable income is $1,500,000. If it distributes its after-tax income to its shareholders whose dividend tax rate is 15 percent, what is the total tax and the combined effective tax rate on this corporate income?

Reference no: EM13539805

Questions Cloud

What are the corporations amti and amt : Its accountant uncovered $87,000 in net positive adjustments and $2,000 of preference items in determining its alternative minimum taxable income. What are the corporation's AMTI and AMT?
Calculate the laser beams electric field amplitude : A 150 MW laser pulse is focused with a lens to a diameter of 4.99 ?m. What is the laser beam's electric field amplitude at the focal point
What is the corporations pretax financial accounting income : What is the corporation's taxable income and what is the corporations pretax financial accounting income
What is the corporations taxable income : What is the corporations taxable income and how would your answer change if Jingle owns 35 percent in the corporation paying the dividend?
What is the total tax and combined effective tax rate : If it distributes its after-tax income to its shareholders whose dividend tax rate is 15 percent, what is the total tax and the combined effective tax rate on this corporate income?
Calculate what is its increase in length : A 210-kg load is hung on a wire of length of 4.80 m, cross-sectional area 2.00 10-5 m2, and Young's modulus 8.00 1010 N/m2. What is its increase in length
Evaluate the angular velocity of the straight rod : A thin, uniform rod is hinged at its midpoint. To begin with, one half of the rod is bent upward and is perpendicular to the other half. What is the angular velocity of the straight rod
Compute what is the magnitude of the charge on each : The electric field midway between two equal but opposite point charges is 745 N/C, What is the magnitude of the charge on each
What is the magnitude and direction of the person : A lawnmower is pushed up a 13 degree hill. The lawnmower weighs 5000N. What is the magnitude and direction of the person pushing the lawnmower

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd