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

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

Section: Chapter Questions

Problem 1Q

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You have the following share price of XYZ. DATE Price 2-Mar-2021 $100 3-Mar-2021 $60 4-Mar-2021 $40 5-Mar-2021 $100 Investor B bought 100 shares of XYZ on 2-Mar-2021 and sold all the shares on 5-Mar-2021. Which answer is the closest value to the arithmetic average rate of return for the investor? A. 20% B. 15% C. 25% D. 0%
XYZ stock price and dividend history are as follows: Beginning-of- $ 104 Year 2018 Year Price 2019 2020 2021 115 90 105 Dividend Paid at Year-End $ 2 2 2 2 An investor buys three shares of XYZ at the beginning of 2018, buys another one shares at the beginning of 2019, sells one share at the beginning of 2020, and sells all three remaining shares at the beginning of 2021. Required: a. What are the arithmetic and geometric average time-weighted rates of return for the investor? (Do not round intermediate calculations. Round your answers to 2 decimal places.) Arithmetic time-weighted average returns Geometric time-weighted average returns % % b-1. Prepare a chart of cash flows for the four dates corresponding to the turns of the year for January 1, 2018, to January 1, 2021. (Negative amounts should be indicated by a minus sign.) Date Cash Flow 01/01/2018 01/01/2019 01/01/2020 01/01/2021
1. Information pertaining to dividends from jay Company's investments in ordinary shares during fhe year ended December 31,2020 is oas follows: Jay owns a 10% interest in Beai Compay, which declared a cash dividend of P500,000 on November 30, 2020 fo shareholders of record on Decemiber 31, 2020 and payable on january 15.2021. On October 15.2020 Jay received a iquidation dividend of P100.000 from Clay Mining Company. Jay ows a 5% inferest in Clay. How much dividend income should Jay report in its incoamestatement for 2020 G. 500.000 b. 600,000 C. 150000 a50.000 19000.00 ,000
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FIG LLC had opening stock of 300 kgs value RO 2400. They purchased 200kgs @ RO 9 and later on they purchased 500kgs RO 11. 400kgs were sold. The Value of closing stock Last In First Out method will be a. RO 6750 b. RO 6350 c. RO 6400 d. RO 5300
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0. Duing ih frst year of operationa. Victory, Inc. entered into the tollwing transactions retating to shareholders' equity, PIO por per share and 30.000 preference shares P50 par pet share, > March 14-Sold 50.000 crdinary shares for F100 per shore > Morch 15- Issued 20.000 orcinary shares ta lawyers in exchange tor legal services omiounting to P 300,000, > Morch 15- Sold 35.000 ot its ordinary shares ond 10,000 preference shares for P6.000,000. Fair value of the ordinary shore in PICO. November 20- hued 1.900 of ih ovdnary shares in exchange for equipmient for which the cauh price was known to be PI85.000. Baed on the preceding information, determine the totai shareholders' equity. , Victory's articles of incorporation authorized the issue of 240,000 ordinary shares.
fee founders has perpetual prefferd stock outstanding that sells for $60 a share and pays a dividentd of $5 at the end of each year. what is the required rate of retyrn?
Calculate the Capital Gain/Loss on 100 shares of the stock Price on September 13th: 211.35 Price on November 24th:207.52 Use the Price on Sep 13th as the purchase price and the Price on November 24th as the sale price. Capital Gain: _______________________________ Percent Return: ___________________________
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he following is an extract from the trial balance of Tempo Ltd on 30 June 2022:£Land and buildings 114 000Equipment 210 000Investment (80 000 shares of £1 each in Rhythm Ltd at cost price) 650 000Inventory (30/6/2008 - £382 000) 418 000Trade receivables (30/6/2021 – £180 000) 206 000Cash and cash equivalents 92 000Share capital:Ordinary share capital including premium 450 000Preference share capital 200 000Retained earnings:Balance – beginning of year 160 000Retained profit for the year 40 00012% Long term loan 420 000Trade payables (30/6/2021 – £190 000) 210 000Tax payable 110 000Dividends payable 100 000Additional information:1. Issued share capital:- 400 000 ordinary shares of £1 each- 40 000 10% preference shares of £5 each.2. Gross profit for the year amounted to £1 344 000 and represents 40% of turnover for the year.3. All sales and all purchases are on credit.4. Income from investment for the year amounted to £24 000.5. The dividends payable represents the total amount of…
From the following Balance Sheets of Dinesh Ltd. Particulars 2019 Rs. 2020 Rs. 2021 Rs. Equity & Liabilities Equity Share Capital 500 800 900 12% preference Share Capital 400 200 300 General Reserve 120 210 280 14% Debentures 100 250 150 Creditors 80 120 140 Bills Payable 100 80 60 Outstanding Expenses 20 30 10 1,320 1,690 1,840 Assets Fixed Assets 500 700 700 Investments 300 330 420 Stock 200 100 200 Debtors 150 200 250 Bills Receivable 90 270 200 Cash 50 70 60 Preliminary Expenses 30 20 10 Total 1,320 1,690 1,840 Prepare Trend analysis statement withcomments.?