Xyz corporation has a taxable income of 200000 it pays its


XYZ Corporation has a taxable income of 200,000. It pays its entire after-tax income to tis sole shareholder, and individual. Compute the effective tax rate on the $200,000 income if the dividend is taxed at 15%, and if it is taxed at 35%.

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Financial Accounting: Xyz corporation has a taxable income of 200000 it pays its
Reference No:- TGS01002028

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