Maurice Tutor

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    Argosy University/ Phoniex University/
    Nov-2005 - Oct-2011

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    Phoniex University
    Oct-2001 - Nov-2016

Category > Management Posted 16 Feb 2018 My Price 3.00

Al-Masry Steel

On January 1, 2015, an investor bought 200 shares of Al-Masry Steel at E£25 (Egyptian pound) per share. On January 3, 2016, the investor sold the stock for E£30 per share. The stock paid quarterly dividend of E£2 per share. How much (in E£) did the investor earn on this investment and, assuming the investor will pay a tax of 25%, how much will she pay in income taxes on this transaction?

 

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Maurice Tutor
(5)
Status NEW Posted 16 Feb 2018 04:02 PM My Price 3.00

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