Which one of these would not be paid from free cash, Financial Management

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Which one of these would not be paid from free cash

Which one of these would not be paid from free cash flow?

A. Cash dividends

B. Repayment of principal on a long-term debt

C. Repurchase of outstanding shares of common stock

D. New equipment purchase

What is the highest marginal rate at which corporate income is taxed?

A. 15%

B. 34%

C. 35%

D. 39%

Who pays taxes on earnings distributed as dividends?

A. The issuing corporation

B. The shareholder receiving the dividend

C. Both the issuing corporation and the shareholder

D. Neither the issuing corporation nor the shareholder

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