Question: please explain how to get answer, use formulas Question 2 (1 point) You own 100 shares in a company that earns $4.00 per share before

please explain how to get answer, use formulas

Question 2 (1 point) You own 100 shares in a company that earns $4.00 per share before taxes, has a corporate tax rate of 30%, and pays out 60% of its after-tax earnings as dividends. The tax rate on dividend income is 15%. What is the total after-tax income you receive from your dividends? $40.80 $95.20 $25.20 $61.20 $142.80

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