On January 1.2019 an investor bought 400 shares of Absaroka, inc for $4 per nhare On Jarry 3 2020 he ieter sold the stock r per shaie The stock pad a terly didend of 50 31 per shre Hw mh de d he st ean on ts linvestment and ansuming the invest pays a ta a of 15% on dividends and cpal gains, how muh w the pay income tas dn this aaction? The amount hefore taxes) the ivestor earmed un iwestments Round to the neart dl) Rund to the ewt Assuning a tax rate of 15 he amount she wil pay in incame taxes on this tranacon

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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On January 1.2019 an investor bought 400 shares of Absaroka, inc for 4 per nhare On Jrry 1 2000 the inveter sold the stk e 7 per shaie The sock pada terly dvidend of 031 per shore Hw mh de he stt
ean on s linvestment and, ansuming the invest pays a ta a of 15% on dividends and cpal gains, how muh w the pay income tas dn this aaction?
The amount before taxes) the investor earmed un westments
Round to the neart dl)
Rund to the et
Assuning a tx rate of 15 he amount she wil pay in incame taxes on this tranacdon is
Transcribed Image Text:On January 1.2019 an investor bought 400 shares of Absaroka, inc for 4 per nhare On Jrry 1 2000 the inveter sold the stk e 7 per shaie The sock pada terly dvidend of 031 per shore Hw mh de he stt ean on s linvestment and, ansuming the invest pays a ta a of 15% on dividends and cpal gains, how muh w the pay income tas dn this aaction? The amount before taxes) the investor earmed un westments Round to the neart dl) Rund to the et Assuning a tx rate of 15 he amount she wil pay in incame taxes on this tranacdon is
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