You are a shareholder in a "c" corporation. this corporation earns $4 per share before taxes. after it has paid taxes, it will distribute the remainder of its earnings to you as a dividend. the dividend is income to you, so you will then pay taxes on these earnings. the corporate tax rate is 35% and your tax rate on dividend income is 15%. the effective tax rate on your share of the corporations earnings is closest to: 15% 35% 45% 50%

Scenario: you have advised the owner of bond's gym that the best thing to do would be to raise the price of a monthly membership. the owner wants to know what may happen once this price increase goes into effect. what will most likely occur after the price of a monthly membership increases? check all that apply. current members will pay more per month. the quantity demanded for memberships will decrease. the number of available memberships will increase. the owner will make more money. bond's gym will receive more membership applications.