Pineapple, an individual, expects his U.S. based C corporation to generate a profit of $2,500,000. What...
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Pineapple, an individual, expects his U.S. based C corporation to generate a profit of $2,500,000. What is Pineapple's after-tax cash flow from the corporation if net income after corporate tax is distributed to him as a dividend? Assume Pineapple's marginal tax rate on ordinary income is 37%, Pineapple's qualified dividend rate is 20%, and the corporate tax rate is 21%. O $1.127,350 O $1,510,000 O $1,580,000 O $1.975.000 Pineapple, an individual, expects his U.S. based C corporation to generate a profit of $2,500,000. What is Pineapple's after-tax cash flow from the corporation if net income after corporate tax is distributed to him as a dividend? Assume Pineapple's marginal tax rate on ordinary income is 37%, Pineapple's qualified dividend rate is 20%, and the corporate tax rate is 21%. O $1.127,350 O $1,510,000 O $1,580,000 O $1.975.000
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