You Hold 1,000 Units of Calgary Commercial Property,a Real Estate

question 25

Multiple Choice

You hold 1,000 units of Calgary Commercial Property,a real estate investment trust (REIT) .500 of those units are held inside a tax-free savings account,the other 500 are outside the tax-free savings account.The REIT announces a profit of $10 per share,of which it retains $4 for reinvestment and distributes the rest as dividend payments.Given your personal tax rate of 30%,and the tax rate on dividends is 15%,what is your total after-tax income?

• A)$6,000
• B)$5,100
• C)$5,550
• D)$4,200
• E)$5,000

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Definitions:

Higher Frequencies

Electromagnetic wavelengths that are shorter, resulting in greater oscillations per second, which are applied in various technologies like microwave and radio.

Semicircular Canals

Structures within the inner ear that are key to the vestibular system, helping maintain balance and spatial orientation.

Ampulla

A dilated section of a canal or duct, such as the ampulla of Vater in the digestive system, which aids in the digestion process by releasing bile and pancreatic juices into the small intestine.

Ossicles

The three small bones in the middle ear called the malleus, incus, and stapes, which help in transmitting sound vibrations to the inner ear.