User Account

All Pages

How much is the taxpayers gross income from shares

Assignment Help Accounting Basics
Reference no: EM133091745

Question - A resident taxpayer received into their bank account the following dividends from listed shares: $3,500 fully franked from Company A; and $1,500 50% franked from Company B. The dividends are from companies which have a 30% tax rate. How much is the taxpayers gross income from shares?

a. $6,821

b. $4,250

c. $7,142

d. $2,142

Reference no: EM133091745

Questions Cloud

What is the strategy evaluation of alibaba : 1. What is the strategy evaluation of Alibaba 2. Where the company should go from now?
Application of cisg regarding country nepal : Find a case on the application of CISG regarding country Nepal, and report shortly what the case is about, and which CISG articles it concerned.
What is the stock intrinsic value : A company just paid a dividend of $1.38 and it currently has a very high growth rate of 13.1%. What is the stock intrinsic value
Projected cash flows in respective currencies : You are International Business Manager at a UK based company. Considering high demand your company plans a full-scale expansion. Your company has identified USA
How much is the taxpayers gross income from shares : The dividends are from companies which have a 30% tax rate. How much is the taxpayers gross income from shares
Effective implementation of management strategy : In your own words, discuss how the Balanced Scorecard can be used to help businesses to communicate their goals, strategize daily procedures, prioritize efforts
What is the taxpayer net tax obligation including medicare : A resident taxpayer, aged 30, had earned income of $39,000 for the financial year ending 30 June 2021. What is the taxpayer net tax obligation including Medicar
Functional conflict and dysfunctional conflict : Explain the differences between functional conflict and dysfunctional conflict. Provide examples - Discuss tips for alleviating communication problems
Sculptures and paintings in public and private use : Compare the Roman purposes of sculptures and paintings in public and private use.

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Theory of interest - term structure of interest rates

Term Structure of Interest Rates

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd