Rodger owns 100 percent of the shares in Trevor Inc., a C corporation. Assume the following...
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Rodger owns 100 percent of the shares in Trevor Inc., a C corporation. Assume the following for the current year: Trevor Inc.'s pretax income = $22,500 Percentage of after-tax earnings retained by Trevor Inc. = 0% (i.e., all after-tax earnings distributed) Rodger's dividend tax rate = 15% Given these assumptions, how much cash does Rodger have from the dividend after all taxes have been paid? Rodger owns 100 percent of the shares in Trevor Inc., a C corporation. Assume the following for the current year: Trevor Inc.'s pretax income = $22,500 Percentage of after-tax earnings retained by Trevor Inc. = 0% (i.e., all after-tax earnings distributed) Rodger's dividend tax rate = 15% Given these assumptions, how much cash does Rodger have from the dividend after all taxes have been paid?
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