Webster Holding Ltd Is a Company Which Owns a Number

question 44

Multiple Choice

Webster Holding Ltd is a company which owns a number of fashion brands. If Webster Holding makes a taxable profit of $1,000,000 in the 2012 financial year and chooses to pay 100% of its profit after tax as a dividend, how much tax is paid by shareholders, assuming their marginal tax rate is 45%? Assume the company tax rate is 30%.

• A) $150,000
• B) $450,000
• C) $300,000
• D) $15,000

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Definitions:

Coevolution

The joint evolution of two closely interacting species; macroevolutionary pattern in which each species is a selective agent for traits of the other.

Intermediate Disturbance Hypothesis

Species richness is greatest in communities in which disturbances are moderate in their magnitude and frequency.

Pioneer Species

Pioneer species are the first to colonize previously disrupted or damaged ecosystems, starting a chain of ecological succession that leads to increased biodiversity.

Exotic Species

Species that are introduced to a new area where they do not naturally occur, often leading to ecological disruptions.