What is the after tax accumulation using formaul for partnership and corperation Parameters Investor ordinary tax rate 0.40 Investor capital gains rate 0.20 Corporate tax rate 0.21 Pretax return 0.10 Investment life (years) 10.00 Amount invested$100 After tax accumlation, using formulas Partnership a. Corporation b.

The entire amount of wealth or money left over after taxes have been taken out of investment returns…

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FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

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What is the after tax accumulation using formaul for partnership and corperation

Parameters
Investor ordinary tax rate	0.40
Investor capital gains rate	0.20
Corporate tax rate	0.21

Pretax return	0.10
Investment life (years)	10.00
Amount invested	$100


After tax accumlation, using formulas
Partnership	a.
Corporation	b.

Definition Definition Arrangement between two or more people whereby they agree to manage business operations and share its profits and losses in an agreed ratio. The agreement drafted and signed by the partners of the firm is termed as a partnership deed and contains various important clauses agreed between the partners such as profit/loss sharing, interest on capital, remuneration allocation of each partner, and drawings of a partner.

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