Calculate the After-Tax Return to a Shareholder Assuming a Dividend

question 19

Multiple Choice

Calculate the after-tax return to a shareholder assuming a dividend imputation system is used in Australia (if the dividend is fully franked) .The shareholder is currently subject to a marginal tax rate of 40% and receives a dividend of $700 per annum.The corporate tax rate is equal to 30%.

• A)$350
• B)$600
• C)$700
• D)$420
• E)$490

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Definitions:

Premature Extinction

The early disappearance of a species from Earth, occurring before natural expectations due to human actions or environmental changes.

Human Activities

Actions by humans that affect the environment, including agriculture, industry, and urban development, which can impact natural habitats and climate.

Alien Species

Organisms introduced into areas outside their natural habitat, potentially causing harm to native species and ecosystems.

Natural Competitors

Organisms that compete for the same resources within an ecological community, such as food, space, or mates.