The tax rate on corporates os 35 and dividends is 10 what


You are a shareholder in a C-Corp. The corporation earns $10 per share before taxes. After it pays corporate taxes, it distributes all remaining earnings as dividends. The tax rate on corporates os 35% and dividends is 10%. What is the amount of total taxes paid? Please explain step by step. Details.

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Financial Management: The tax rate on corporates os 35 and dividends is 10 what
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