Dana pays 15% in dividend and capital gain taxes and 35% in ordinary income taxes. Three years ago, Dana purchased 200 s
Posted: Sun May 08, 2022 10:02 am
Dana pays 15% in dividend and capital gain taxes and 35% in
ordinary income taxes. Three years ago, Dana purchased 200 shares
in a REIT for $36 a share. This year, Dana received $371 in
short-term gains, $299 in long-term gains, and $414 in ordinary
income of which $177 is in excess of net income. What is
Dana's after-tax cash flow from this investment this year?
Round the answer to two decimals.
ordinary income taxes. Three years ago, Dana purchased 200 shares
in a REIT for $36 a share. This year, Dana received $371 in
short-term gains, $299 in long-term gains, and $414 in ordinary
income of which $177 is in excess of net income. What is
Dana's after-tax cash flow from this investment this year?
Round the answer to two decimals.