Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Jul 14, 2024

Bob sold at $50 per share, PEP stocks who were purchased a year ago at $40. During the year the stock paid dividends of $1

Bob sold at $50 per share, PEP stocks who were purchased a year ago at $40. During the year the stock paid dividends of $1 per share. If tax rate on capital gains is 15% and marginal tax rate is 30%, how much is the total after tax return?

Step by Step Solution

There are 3 Steps involved in it

Step: 1

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

Step: 3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Focus On Personal Finance

Authors: Jack Kapoor, Les Dlabay, Robert Hughes, Melissa Hart

6th Edition

125991965X, 978-1259919657

More Books

Students also viewed these Finance questions

Question

★★★★★

State the account to be debited and the account to be credited for the following transactions. Choose from the following list of accounts: Cash, Accounts Receivable, Supplies, Equipment, Land,...

Answered: 1 week ago

Question

★★★★★

For the series-parallel system of Fig P6.116, all pipes are 8-cm-diameter asphalted cast iron. If the total pressure drop p1 − p2 = 750 kPa, find the resulting flow rate Q m3/h for water at...

Answered: 1 week ago

Question

★★★★★

Discuss the importance of sampling bias, access issues, and sample size.

Answered: 1 week ago

Question

★★★★★

Atlantic Ocean Kamp grounds, Inc. (Atlantic) borrowed $ 60,000 from Camden National Bank (Camden National) and executed a note and mortgage on property located in Camden, Maine, securing that amount....

Answered: 1 week ago

Question

★★★★★

Aqua Corporation purchases nonresidential real property on May 8, 2017, for $1,670,000. Straight-line cost recovery is taken in the amount of $167,000 before the property is sold on November 27,...

Answered: 1 week ago

Question

★★★★★

37. ABC Company develops a flexible budget. Based on 10,000 units sold, variable costs are projected to be $450,000 and fixed costs are projected to be $300,000. Compute the total costs expected if...

Answered: 1 week ago

Question

★★★★★

What corrections would need to be made to the legal citation Doniphan v. Restler, 489 Conn. Cir. 522 (1983)?

Answered: 1 week ago

Question

★★★★★

Research the "Span of Control" theory of Vytautas Andrius Graiciunas (1898-1952) a Lithuanian-French management consultant, management theorist, and engineer. and answer the following three questions...

Answered: 1 week ago

Question

★★★★★

How should you go about assigning a date to each task? a. Work backward from your project's deadline. b. Projects to be completed in two weeks or less don't usually need dates. c. Only assign dates...

Answered: 1 week ago

Question

★★★★★

A three colour spinner was spun 90 times. The outcomes are summarized in the table below: What is the experimental probability of spinning Red? Colour Frequency Blue 5n Black 30n Red 10n

Answered: 1 week ago

Question

★★★★★

Abdulah is doing a research study on anxiety and eating. He has done the same study for the last 10 years and the results are consistently the same each time. Abdulah's research study and methods...

Answered: 1 week ago

Question

★★★★★

=+Whenever you see a message that uses language like Listen up, We see

Answered: 1 week ago

Question

★★★★★

=+ Look for consistency in language and graphics. Does the website reflect the campaign images and tone of voice?

Answered: 1 week ago

Question

★★★★★

=+The kinesthetic person will make comments like Feels good to me, I have a handle on it, and I need to wrap my brain around it. These are the people who kick the tires and have to feel the interior...

Answered: 1 week ago

Previous Question Next Question