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Rodger Owns 100 Percent of the Shares in Trevor Incorporated

Question 46

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Rodger owns 100 percent of the shares in Trevor Incorporated a C corporation. Assume the following for the current year:
Rodger owns 100 percent of the shares in Trevor Incorporated a C corporation. Assume the following for the current year: Given these assumptions, how much cash does Rodger have from the dividend after paying taxes on the distribution? Given these assumptions, how much cash does Rodger have from the dividend after paying taxes on the distribution?

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