You Own 100 Shares of a Sub Chapter "S" Corporation

question 15

Multiple Choice

You own 100 shares of a Sub Chapter "S" corporation in the U.S.. The corporation earns $5.00 per share before taxes. Once the corporation has paid any corporate taxes that are due, it will distribute the rest of its earnings to its shareholders in the form of a dividend. If the corporate tax rate is 40% and your personal tax rate on (both dividend and non-dividend) income is 30%, then how much money is left for you after all taxes have been paid?

• A)$210
• B)$300
• C)$350
• D)$500

Comprehend key employment laws related to polygraph testing, harassment, wages, and work hours.

Understand the legal concepts of disparate treatment and disparate impact in employment discrimination.

Recognize the protections provided by the Americans with Disabilities Act (ADA) and the Family and Medical Leave Act (FMLA).

Understand the legal standards and defenses related to employment discrimination, including the bona fide occupational qualification (BFOQ) defense.

---

Definitions:

Harold Geneen

A prominent business executive known for his role in transforming ITT Corporation into a major conglomerate during the mid-20th century.

Job Enrichment

Designing or redesigning a job by incorporating motivational factors into it.

Differentiation

A strategy or process that involves making a product or service distinct from those of competitors, often through innovation or quality improvement.

Differentiation

The process or strategy of making a product, service, or organization distinct from competitors in the eyes of consumers.