(Answered) Just blooms flower shops are a chain organized as a

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Just Blooms Flower Shops are a chain organized as a corporation. Last year its operating income was $ 3,576,000. Its corporate tax rate is 33%. If it plans to distribute 25% of its net income as dividends to its shareholders, how much money will be paid out as dividends assuming a flat tax rate? Note: Dividends are paid out of earnings after taxes are paid.

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