You Own 100 Shares in Each of Two Different Companies,Ace

question 8

Multiple Choice

You own 100 shares in each of two different companies,Ace Holdings,and Beta Inc.Ace Holdings earns $6.00 per share before taxes,has a corporate tax rate of 25%,and pays out 50% of its after-tax earnings as dividends.Beta Inc.earns $4.00 per share before taxes,has a corporate tax rate of 15%,and pays out 100% of its after-tax earnings as dividends.The tax rate on dividend income is 15%.If all of your shares are held outside a TFSA,what is the total after-tax income you receive from your dividends?

• A)$191.25
• B)$289.00
• C)$480.25
• D)$565.00
• E)$739.00

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The process by which individuals act and react in relation to others, which includes behaviors, communication, and understanding shared between people.

Violate

To break or fail to comply with a rule, law, or agreement.

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A condition characterized by the inability to form new memories following a traumatic event or damage to the brain, although memories from before the event remain intact.

Criminally Responsible

The legal designation for individuals deemed capable of understanding and answering for their actions in a court of law.