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

Assignmentbullcomplete two problems problem 1 focuses on

Assignment • Complete two problems. Problem 1 focuses on working capital and quick ratio, and Problem 2 is a comprehensive problem in which you will bring together various financial analysis measures and interpret their ...

Assignment exxon versus chevronaccording to the textbook

Assignment: Exxon versus Chevron According to the textbook, the income statement measures the success of a company's operations for a given period. The income statement is important to investors and creditors, because it ...

No simple ldquoone-size-fits-allrdquo panacea exists for

No simple “one-size-fits-all” panacea exists for resolving the conflict between decision management versus decision control when it comes to budgeting. Nor is such a solution ever likely to be found.

Accounting and financial management assignmentthis

Accounting and Financial Management Assignment This Assignment is designed to give you an opportunity: demonstrate applied knowledge of the accounting regulatory environment. apply financial statement analysis. apply and ...

What is the impact of implementing a lean system on the

What is the impact of implementing a lean system on the relationship between managers and employees? Does the lean systems have a positive or a negative impact on the relationships between managers and workers?

Martin-pullin bicycle corp mpbc located in dallas is a

Martin-Pullin Bicycle Corp. (MPBC), located in Dallas, is a wholesale distributor of bicycles and bicycle parts. Formed in 1981 by cousins Ray Martin and Jim Pullin, the firm's primary retail outlets are located within a ...

Comprehensive problemthis project is a review of the

Comprehensive Problem This project is a review of the accounting cycle that has been covered during class. Prepare all information in a professional manner and show details as needed. You should complete this on the page ...

Assignmentexcel format requiredbobs beans a coffee shop and

Assignment EXCEL Format Required Bob's Beans, a coffee shop and breakfast catering chain, operates three cafes in South Florida. Segment reporting for the last quarter as follows: Bob's Beans, Inc. Income Statement For t ...

Assignmentq1 will the income statement include the profits

Assignment Q1 Will the income statement include the profits or losses from the purchase and sale of treasury stock? Yes or No? Include an example of a journal entry to purchase treasury stock. Q2 Explain the effect on Ca ...

Defend the answerlisa conducts a qualitative study of

DEFEND THE ANSWER Lisa conducts a qualitative study of people's online shopping behavior. She compares her results to that of similar studies and finds a similarity in coding across multiple studies. On the basis of the ...

  • 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