Business, 10.09.2019 00:30 jojo77789

Riverbend inc. received a $327,500 dividend from stock it held in hobble corporation. riverbend's taxable income is $2,200,000 before deducting the dividends received deduction (drd), a $62,500 nol carryover, and a $148,000 charitable contribution. use exhibit 16-6. (round your tax rates to 1 decimal place. leave no answer blank. enter zero if applicable.) b. assuming the facts in part (a), what is riverbend’s effective tax rate on the dividend?

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Riverbend inc. received a $327,500 dividend from stock it held in hobble corporation. riverbend's ta...

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