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QUESTION

1) A C corporation has $45,000,000 in ebt and is in the 35% corporate tax bracket.

1) A C corporation has $45,000,000 in ebt and is in the 35% corporate tax bracket. if the corporation retains 60% of its earnings, how much would and investor with a 10% stake in the company and a 20% personal income tax rate be able to "take home" after taxes

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