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valentina_108 [34]
4 years ago
7

5 years ago,an individual has invested $10,000 in aninvestment trust. Over those years, the trust has distributed $2,000, consis

ting of $1,600 of dividends and $400 of capital gains. The investor has reinvested these distributions in additional trust units. The investors aggregate current cost basis in the trust is:A. $10,000
B. $10,400
C. $11,600
D. $12,000
Business
1 answer:
Nimfa-mama [501]4 years ago
8 0

Answer:

correct option is D. $12,000

Explanation:

given data

invested = $10,000

distributed = $2,000

dividend = $160

capital gain = $400

solution

As when investor beginning trust shares is  $10,000 and 2,000 of distributions  

so that here all subject to tax in years tax return

and here reinvestment in to new trust shares that is increase basis from $10,000 to $12,000

so investor have capital gain when sell all the shares more than $12,000

so here they have capital loss if sale  less than $12,000

so correct option is D. $12,000

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3 years ago
Gilligan Co.'s bonds currently sell for $1,150. They have a 6.75% annual coupon rate and a 15-year maturity, and are callable in
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(E) 4.81%

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Taylor Company has $10,000 of assets, $2,000 of liabilities, and $5,000 of common stock. Based on this information alone, the co
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Based on this information alone, the company's retained earnings equal $3,000.

<h3>Retained earning</h3>

Using this formula

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Inconclusion  the company's retained earnings equal $3,000.

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Kenneth has been scoping out the new addition of his SUV that will be released early next year Because it is such a big purchase
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Based on the information given what should he do is: Make a request to fill out a new W-4 from his employer.

<h3>What is a W-4 form?</h3>

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