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Business, 16.02.2021 05:00 Kaziyah461

A firm now operates as a C-Corporation. The firm has earnings before taxes of $433,743 per year and pays out all its net earnings as dividends. The firm has a corporate tax rate is 24 percent. The firm has only one owner who faces a personal income tax rate of 27 percent. What is the spendable income for the owner of the C-Corporation

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A firm now operates as a C-Corporation. The firm has earnings before taxes of $433,743 per year and...
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