A shareholder in drexon industries ltd receives a 6300, Ask an Expert

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A shareholder in Drexon Industries Ltd receives a $6,300 partially franked dividend (franking ratio of 0.60). What is the shareholder’s after-tax dividend income if he has a marginal tax rate of 39% and the company tax rate is 30%? Show all working.

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Financial Management, Finance

Category:- Financial Management
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