Question: Saved Help Save & Exit SL Sdules 4-6 If a corporation had earnings of $70,000 and paid all of this out as a dividend to
Saved Help Save & Exit SL Sdules 4-6 If a corporation had earnings of $70,000 and paid all of this out as a dividend to the owners, how much tax would the corporate entity pay the federal government? Assume a 20% federal income tax rate and a 15% dividend tax rate Multiple Choice $14,000 $10.500 $24.500 arch O TI acer
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