Your Corporation Has the Following Cash Flows: ​

question 104

Multiple Choice

Your corporation has the following cash flows: ​
If the applicable income tax rate is 25% (federal and state combined) ,and if 50% of dividends received are exempt from taxes,what is the corporation's tax liability?

• A) 106,368
• B) $56,500
• C) $84,208
• D) $100,163
• E) $105,482

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