Valiantcorp is a c corporation that earned $ 3.90$3.90 per share before it paid any taxes. valiantcorp retained $1 of after tax earnings for reinvestment, and distributed what remained in dividend payments. if the corporate tax rate was 3535% and dividend earnings were taxed at 12.5%, what was the value of the dividend earnings received after tax by a holder of 100,000 shares of valiantcorp?
(a) $ 134,313
(b) $134,313
(c) $ 188,038

Option(A) is correct.

Explanation:

Earnings before tax = $3.90

Tax rate on dividend payment = 12.5%

Corporate Tax rate = 35%

Shareholder holds = 100,000 shares

Earnings after tax = $3.90 × (1 – 35%)

                              = $2.535

Valiant Corp retained $1 of after tax earnings for reinvestment,

Therefore,

Value available for dividend payment = $2.535 - $1

                                                                = $1.535

After tax dividend received by shareholder for one share = $1.535 × (1 – 12.50%)

                                                                                                 = $1.343125

Total dividend received by shareholder = 100,000 × $1.343125

                                                                      = $134,312.50

answer with step-by-step explanation:

a. wx is perpendicular to xy - true:

(since x is adjacent to x and y and all angles are 90 degrees in a square, therefore wx is perpendicular to xy)

b. ∠w is congruent to ∠x - true:

(all angles in a square are equal to each other)

c. ∠w is supplementary to ∠x - true:

(∠w and ∠x both are right angles which add up to 180 degrees so they are supplementary angles)

d. wxyz is a rhombus - true:

(a rhombus has all sides equal in length and so has a square so it is a rhombus)

e. wxyz is a trapezoid - false:

(a trapezoid has only one pair of parallel sides while a square has two pairs of parallel sides)

f. wx is parallel to yz - true:

(wx and yz are parallel to each other)

hi,

henry is an economist and wants to understand the relationship between inflation and consumer spending habits. for his research, he needs the consumer price index for 2014 and the inflation rate. based on the prices of goods given, what will he find to be the cpi and inflation rate for 2014? assume that a consumer’s basket for three consecutive years consists of the following:

you dont privide answer choices.

answer - 15% of a inflatation rate is 15% less in cpi