Please provide correct answer with correct calculation of this accounting question One year ago, you purchased 100 shares of Dog Bites common stockfor $25. You received dividends of $.70 per share and just sold theshares for $26.25 each. Your marginal personal tax rate is 40%, yourdividend tax rate is 30%, and capital gains are taxed at 50% of yourpersonal rate.1. What is your before-tax rate of return?2. What is your after-tax rate of return?

Step 1: Define Capital GainA capital gain is a result of an appreciation in the value of an asset.…

Answered: One year ago, you purchased 100 shares…

CONCEPTS IN FED.TAX.,2020-W/ACCESS

20th Edition

ISBN:9780357110362

Author:Murphy

Publisher:Murphy

Chapter1: Federal Income Taxation—an Overview

Section: Chapter Questions

Problem 44P

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14. One year ago you purchased 100 shares of Dog Bites common stock for $25. You received dividends of $.70 per share and just sold the shares for $26.25 each. Your marginal personal tax rate is 40%, your dividend tax rate is 30%, and capital gains are taxed at 50% of your personal rate. a-1. What is your before-tax rate of return? (Round your answer to 2 decimal places.) a-2. What is your after-tax rate of return? (Round your answer to 2 decimal places.)
Suppose you earn $60,000 per year and pay taxes based on marginal tax rates. The first tax bracket, which taxes at 5 percent, ranges from $0 to $30,000. The second tax bracket, which taxes at 25 percent, ranges from $30,001 to $120,000. How much will you pay in total taxes? Instructions: Enter your answer as a whole number. %24
What is your aftertax return for the year?
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You bought 50 shares of Target for $10 per share twenty years ago. You sell them all today for $75 per share. Assume a tax rate of 20%. What are your net after tax proceeds?
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Your friend just got their $14913 tax return. They would like to invest it into a stock that they think will earn 10% on average. How many years until they have $27931? show work and fomular. Answer:
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You are single and earns and income of $80,000 a year. Recently, you sold stocks that you had held longer than a year for a gain of $10,000. How much tax will you pay on this gain?
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One year ago Sam purchased bonds for $100,000. He just sold them for $120,000. During the year the price level rose by 5%. If the tax rate on capital gains is 20%, how much did Sam gain in real terms?
What is your capital gain rate on these financial accounting question?

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