Company has 10000 shares, issued dividend of 10rs, tax 25%
what is total net profit ?
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Answer Posted / vindraj
Hi Guys... Jus to add to Giri's answer:
The dividend is paid after tax is Rs. 1,00,000
(10,000 shares @ Rs.10 per share)
Tax @ 25% (1,00,000 x 25/75) Rs. 33,333
Profit before tax: Rs. 1,33,333
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