Question: is my answer correct ? Problem 2-13 Repeat Problem 6 assuming the corporation is an S corporation. Corporate Tax Rate 40% Personal Tax Rate 30%
is my answer correct ?
| Problem 2-13 | ||||||
| Repeat Problem 6 assuming the corporation is an S corporation. | ||||||
| Corporate Tax Rate | 40% | |||||
| Personal Tax Rate | 30% | |||||
| Earnings per share | $2.00 | |||||
| Remaining after all taxes | $0.60 | |||||
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