Lintner Beverage Corp

question 126

Multiple Choice

Lintner Beverage Corp.reported the following information from their financial statements: Assume a 50% dividend exclusion for tax on dividends.What is the firm's total tax liability?

• A) $2,412,980
• B) $2,361,640
• C) $3,106,070
• D) $2,156,280
• E) $1,937,500

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