Answer:
$9,240 loss recognized
$43,000 basis
Explanation:
Tax basis of share purchase is the cost of share together with any tax related to this purchase.
Mr. Slake's loss recognized on the February 13 sale is $9,240 = total cost of 1,580 share purchased in the past - total amount collected from sales of these share = $49,240 - $40,000 = $9,240
His tax basis in purchase of 1,600 shares on Mar 2 is $43,000, the total cost he paid to acquire 1,600 shares
<span>C.
Fixed Costs. Fixed costs are incurred regardless of the number of units of a
product are produced or sold on a given period. Fixed costs are expenses
incurred and remain unchanged within a relevant period. These costs are fixed
in relation to the quantity of production for a certain period.</span>
The answer to this question is letter B. expense ratio.
All the different management fees and fund's operating costs are often referred to as <span>expense ratio.</span>
>The expense ratio is the annual fee that all funds charge their shareholders. It expresses the percentage of assets deduced each fiscal year for fund expenses, including 12b-1 fees, management fees, administrative fees, operating costs, and all other asset-based costs incurred by the fund.
Answer:
6.96%
Explanation:
Find nominal expected return;
Nominal expected return = [(Dividend + New Price -Old Price) /Old price]*100
= [ (1.74 +50.10 - 47.10) / 47.10 ]*100
= (4.74 / 47.10)* 100
= 0.100637 *100
=10.0637%
Real rate of return = Nominal return - inflation rate
Inflation rate = 3.1%
Real rate of return = 10.0637% - 3.1%
= 6.96%
