You Own 100 Shares of a "C" Corporation

question 11

Multiple Choice

You own 100 shares of a "C" corporation.The corporation earns $5.00 per share before taxes.Once the corporation has paid any corporate taxes that are due,it will distribute the rest of its earnings to its shareholders in the form of a dividend.If the corporate tax rate is 21% and your personal tax rate on (both dividend and non-dividend) income is 30%,then how much money is left for you after all taxes have been paid?

• A)$276.50
• B)$300.00
• C)$350.00
• D)$500.00

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Definitions:

Predisposition

A natural inclination or tendency to suffer from a particular condition or exhibit a particular behavior.

Phobic Reactions

Intense, irrational fears of specific objects or situations that lead to avoidance behavior and can significantly disrupt daily functioning.

Phobic Disorders

Anxiety disorders characterized by an intense, irrational fear of specific objects, scenarios, or activities that poses little to no actual danger.

Full Intensity

The highest level of power, concentration, or force employed in an activity or observed in a phenomenon.