Valiant Corp

question 34

Multiple Choice

Valiant Corp. is a C corporation that earned $3.4 per share before it paid any taxes. Valiant Corp. retained $1 of after-tax earnings for reinvestment and distributed what remained in dividend payments. If the corporate tax rate was 35% and dividend earnings were taxed at 12.5%, what was the value of the dividend earnings received after-tax by a holder of 100,000 shares of Valiant Corp.?

• A) $105,875
• B) $127,050
• C) $148,225
• D) $84,700

---

Definitions:

Second Session

A subsequent or follow-up meeting or period of activity that occurs after an initial session.

Brainstorming

A group creativity technique by which efforts are made to find a conclusion for a specific problem by gathering a list of ideas spontaneously contributed by its members.

Self-Perception

What and how you believe yourself to be.

Creativity

The aptitude for developing singular and unusual insights, or for constructing something imaginative or innovative.