An S Corporation Earns $4

question 48

Multiple Choice

An S corporation earns $4.50 per share before taxes.The corporate tax rate is 35%,the personal tax rate on dividends is 20%,and the personal tax rate on non-dividend income is 39%.What is the total amount of taxes paid if the company pays a $2.00 dividend?

• A)$0.90
• B)$1.58
• C)$2.48
• D)$1.76

---

Definitions:

Personalities

The characteristic patterns of thoughts, feelings, and behaviors that make a person unique and which influence how they interact with the world around them.

Psychodynamic Theories

A group of theories in psychology that emphasize the influence of the unconscious mind and childhood experiences on behavior and personality.

Dissociative Identity Disorder

A severe condition involving two or more distinct identities or personality states controlling a person's behavior at different times.

Case Studies

Research method that involves an in-depth study of an individual or group to explore causation in order to find underlying principles.