John Reardon purchased 100 shares of Timco Ltd in December 2010, at a total cost of $1762. He held the shares for 15 months and then sold them, netting $2500. During the period he held the shares, the...

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John Reardon purchased 100 shares of Timco Ltd in December 2010, at a total cost of $1762. He held the shares for 15 months and then sold them, netting $2500. During the period he held the shares, the company paid him $200 in cash dividends. How much, if any, was the capital gain realised upon the sale of shares? Calculate John’s pre-tax HPR.

Answered Same Day Dec 25, 2021

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Robert answered on Dec 25 2021

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John Reardon purchased 100 shares of Timco Ltd in December 2010, at a total cost of $1762. He held the shares for 15 months and then sold them, netting $2500. During the period he held the shares, the...

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