Question: Problem 2 . The Total corporation just received $ 1 3 0 , 0 0 0 as the dividend incorve of which only 3 0

Problem 2. The Total corporation just received $130,000 as the dividend incorve of which
only 30% is taxed and has the following cash flows:
If the applicable income tax rate is 21 pereent (federal and state), what is the corporation's after-
tax income? (6 points)
Problem 2. The Total corporation just received $130,000 as the dividend

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