Ask Question, Ask an Expert

+1-415-315-9853

info@mywordsolution.com

Ask Financial Accounting Expert

problem1. A closed end investment company is currently selling $10 and its net asset value is $10.63.you decide to purchase 100 shares. During the year the company distributes $0.75 in dividend. At the end of the year, you sell the shares of $12.03.at the time of the sale, net asset value is $13.52 what percentage return do you earn on the investment? What role does the net asset value play in determining the percentage return?

problem2.  A close end investment company is currently selling for $10 and you purchase 100 shares. During the year the company distributes $ 0.75 in dividends? At the end of the years, you sell the shares for $12.03 .the commission on each transaction is $50.what percentage return do you earn on the investment?

problem3. You buy 100 shares in a mutual fund at its net asset value of $10.the fund charges a load fee of 5.5%.during the year, the mutual fund distribute $0.75 in dividends. You redeem the shares for their net asset value of $12.03 and the fund does not charge an exit fee. What percentage return do you earn on the investment?

problem4. You buy 100 shares in a no load mutual fund at its net asset value of $10 . During the year the mutual fund distributes $0.75 in dividend. You redeem the shares for their net asset value of $12.03 but the fund charges a 5.5 % existing fee. What percentage return do you earn on the investment?

problem5. You buy 100 shares in a no load mutual fund at its net asset value of $10.during the year , the mutual fund distributes $0.75 in dividends. You redeem the shares for their net asset value of $12.03 and the fund does not charge an exit fee. What percentage return do you earn on the investment?

problem6. Compare your answers to parts (a) through (e). What are the implications of the comparisons? How would each of the following affect the percentage returns?

- You buy and sell stocks through an online broker instead of a full-service broker.

- You are in the 25% federal income tax bracket.

- The distributions are classified as long-term instead of short-term term.

- The purchases and sales occur in your retirement account (e.g., IRA).

problem7. You purchase a Reith for $50. It distributes $3 consisting of $1 in income, $0.50 in long-term capital gains, $0.30 in short-term capital gains, and $1.20 in return of capital. After a yr., you sell the stock for $56.00 if you are in the 30 % income bracket and 15 % long-term capital gains bracket, what are your taxes owed?

Please show all work and describe. I'm trying to learn. Not just get the answer. Book answers given:

1A - 27.8%

1B - Purchase Price $1050 Sale Proceeds $1153 21.7%

1D - 21.2%

2 - Taxes owed: $1545 ($1545 on 100 shares)

Financial Accounting, Accounting

  • Category:- Financial Accounting
  • Reference No.:- M93395

Have any Question? 


Related Questions in Financial Accounting

Financial accounting assignmentprepare a 4 pages analytical

Financial Accounting Assignment Prepare a 4 pages analytical summary on ATT and Verizon Prepare two full pages for each part, four pages in total. Work Must be original, will be submitted in Turn It In. Label pages separ ...

I loss contingencies entries and essayon november 24 2014

I. (Loss Contingencies: Entries and Essay) On November 24, 2014, 26 passengers on Windsor Airlines Flight No. 901 were injured upon landing when the plane skidded off the runway. Personal injury suits for damages totalin ...

Assignemnta explain the term bank reconciliation and state

Assignemnt (a) Explain the term "bank reconciliation" and state the reasons for its preparation. (b) Ssemakula, a sole trader received his bank statement for the month of June 2001. At that date the bank balance was Sh. ...

Assignmenti structuring a keep-or-drop product line

Assignment: I. Structuring a Keep-or-Drop Product Line Problem Shown below is a segmented income statement for Orzo Company's three laminated flooring product lines:   Strip Plank Parquet Total Sales revenue $400,000 $20 ...

Research the major risks for businesses that indulge in

Research the major risks for businesses that indulge in commercial applications of social networking. Also, review the readings on page 311 of your textbook about how organizations can respond to social networking proble ...

Assignment financial reporting and analysisyou are required

Assignment: Financial Reporting and Analysis You are required to prepare an investigative report on a recent corporate scandal that involve improper accounting practices or any form of financial scandal. The report must ...

Project preparing annual report documentsfor this 6-8 page

Project: Preparing Annual Report Documents For this 6-8 page Final Project (Not including the title page, abstract if included or reference page), you will create 1) the Financial Highlights, 2) the Presidents Letter to ...

Assignmentcity bank has several departments that occupy

Assignment City Bank has several departments that occupy both floors of a two-story building. The depart mental accounting system has a single account, Building Occupancy Cost, in its ledger. The types and amounts of occ ...

Application calculating variances and analyzing the

Application: Calculating Variances and Analyzing the Results While many organizational costs can be planned for, the actual results may vary from the initial projections. Assessing how these variances impact the bottom l ...

Assignmentcomprehensive receivables problem connecticut inc

Assignment (Comprehensive Receivables Problem) Connecticut Inc. had the following long-term receivable account balances at December 31, 2006. Note receivable from sale of division $1,800,000 Note receivable from officer ...

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Section onea in an atwood machine suppose two objects of

SECTION ONE (a) In an Atwood Machine, suppose two objects of unequal mass are hung vertically over a frictionless

Part 1you work in hr for a company that operates a factory

Part 1: You work in HR for a company that operates a factory manufacturing fiberglass. There are several hundred empl

Details on advanced accounting paperthis paper is intended

DETAILS ON ADVANCED ACCOUNTING PAPER This paper is intended for students to apply the theoretical knowledge around ac

Create a provider database and related reports and queries

Create a provider database and related reports and queries to capture contact information for potential PC component pro

Describe what you learned about the impact of economic

Describe what you learned about the impact of economic, social, and demographic trends affecting the US labor environmen