Alpha Geek

(8)

$10/per page/Negotiable

About Alpha Geek

Levels Tought:
University

Expertise:
Accounting,Algebra See all
Accounting,Algebra,Architecture and Design,Art & Design,Biology,Business & Finance,Calculus,Chemistry,Communications,Computer Science,Environmental science,Essay writing,Programming,Social Science,Statistics Hide all
Teaching Since: Apr 2017
Last Sign in: 442 Weeks Ago, 6 Days Ago
Questions Answered: 9562
Tutorials Posted: 9559

Education

  • bachelor in business administration
    Polytechnic State University Sanluis
    Jan-2006 - Nov-2010

  • CPA
    Polytechnic State University
    Jan-2012 - Nov-2016

Experience

  • Professor
    Harvard Square Academy (HS2)
    Mar-2012 - Present

Category > Accounting Posted 16 May 2017 My Price 3.00

Dividends and Taxes Midnight Hour Inc

Dividends and Taxes Midnight Hour Inc., has declared a $5.10 per-share dividend. Suppose capital gains are not taxed, but dividends are taxed at 15 percent. New IRS regulations require that taxes be withheld at the time the dividend is paid. Midnight Hour sells for $83 per share, and the stock is about to go ex-dividend. What do you think the ex-dividend price will be?

Answers

Alpha Geek
(8)
Status NEW Posted 16 May 2017 07:05 AM My Price 3.00

-----------

Attachments

file 1494921049-Answer.docx preview (85 words )
D-----------ivi-----------den-----------ds -----------and----------- Ta-----------xes----------- Mi-----------dni-----------ght----------- Ho-----------ur -----------Inc-----------., -----------has----------- de-----------cla-----------red----------- a -----------$5.-----------10 -----------per------------sh-----------are----------- di-----------vid-----------end-----------. S-----------upp-----------ose----------- ca-----------pit-----------al -----------gai-----------ns -----------are----------- no-----------t t-----------axe-----------d, -----------but----------- di-----------vid-----------end-----------s a-----------re -----------tax-----------ed -----------at -----------15 -----------per-----------cen-----------t. -----------New----------- IR-----------S r-----------egu-----------lat-----------ion-----------s r-----------equ-----------ire----------- th-----------at -----------tax-----------es -----------be -----------wit-----------hhe-----------ld -----------at -----------the----------- ti-----------me -----------the----------- di-----------vid-----------end----------- is----------- pa-----------id.----------- Mi-----------dni-----------ght----------- Ho-----------ur -----------sel-----------ls -----------for----------- $8-----------3 p-----------er -----------sha-----------re,----------- an-----------d t-----------he -----------sto-----------ck -----------is -----------abo-----------ut -----------to -----------go -----------ex------------div-----------ide-----------nd.----------- Wh-----------at -----------do -----------you----------- th-----------ink----------- th-----------e e-----------x-d-----------ivi-----------den-----------d p-----------ric-----------e w-----------ill----------- be-----------? -----------Ans-----------wer----------- T-----------he -----------aft-----------ert-----------ax -----------div-----------ide-----------nd -----------is -----------the----------- pr-----------eta-----------x d-----------ivi-----------den-----------d t-----------ime-----------s
Not Rated(0)