Bryan Houlberg Expects His C Corporation to Generate a Profit

question 29

Multiple Choice

Bryan Houlberg expects his C corporation to generate a profit of $200,000.What is Bryan's after-tax cash flow from the corporation if net income after corporate tax is distributed to him as a dividend and his marginal tax rate on ordinary income is 39.6%?

• A)$120,800
• B)$90,188
• C)$111,000
• D)$151,438

---

Definitions:

Birthing Center

A healthcare facility focused on providing a more home-like and less clinical environment for childbirth, often emphasizing minimal medical intervention.

Healthy Newborn

A healthy newborn is an infant who, at the time of birth, shows no signs of distress or anomalies, presenting with stable vital signs and indicators of good health.

Correct Code

An accurate representation or value used in programming or data processing that meets the required specifications.

Own Chart

A personalized record or graphical representation of data or information related to an individual's health, progress, or achievements.