What is the shareholder after-tax dividend

Assignment Help Accounting Basics
Reference no: EM133133188

Question - Franking Ltd has a before tax profit of $100,000. The after-tax profit will be distributed to you, as the sole shareholder, as a dividend. Your marginal tax rate is 18% and the company tax rate is 30%. What amount of tax is payable (or refundable to the shareholder) by the shareholder on this dividend and what is the shareholder's after-tax dividend under the imputation system?

Reference no: EM133133188

Questions Cloud

Calculate the degree of operating and financial leverage : Use the following information below to answer the following questions: Variable cost per unit $6.00. Calculate the degree of operating and financial leverage
Explain the risk-taking transactions : Again, starting from your initial fund of $100, what will be your rate of return on your risk-taking transactions if the spot rate in 3 months turn out to be ¥8
Improve a country productivity : What are four major factors that can help improve a country's productivity? How can an individual firm apply these factors to its situation? Give examples.
What is the purpose of studying such events : Visit the website linked below and read about the Gulf of Mexico and the dead zones. What is the purpose of studying such events?
What is the shareholder after-tax dividend : Franking Ltd has a before tax profit of $100,000. What is the shareholder's after-tax dividend under the imputation system
How much money per unit would a typical consumer save : The senator is considering tax reform that would dramatically cut tax rates, How much money per unit would a typical consumer save
How much will be included in the gross estate : Mr. C gratuitously transferred to D a truck worth 260.000. Four years later, C died. How much will be included in the gross estate
Describe ideal capitalist economy : Describe your ideal capitalist economy. Describe your ideal socialist economy.
Identify an increase in the m1 or m2 money : Identify whether an increase in the M1 or M2 money supply would lead to an increase in the sale of smartphones.

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd