FINANCE 3013 Final Chapters 1- 13, 23 QUIZZES Quizzes 1.2 The Four Types of Firms P 1-1 (book/static) What is the most important difference between a corporation and all other organizational form ... s? P 1-2 (book/static) What does the phrase limited liability mean in a corporate context? P 1-3 (book/static) Which organizational forms give their owners limited liability? P 1-6 (similar to) You are a shareholder in a C corporation. The corporation earns $2.27 per share before taxes. Once it has paid taxes it will distribute the rest of its earnings to you as a dividend. Assume the corporate tax rate is 35% and the personal tax rate on (both dividend and non-dividend) income is 30%. How much is left for you after all taxes are paid? [Show More]
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