Annual return over specific year period
You bought a racehorse that had a winning streak for four years, bringing in 500,000 in the end of each year before dying of a hear attack. if you paid 1,518,675 for the horse 4 years ago, what was your annual return over thus 4 year period?
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This would be followed by several more years of losses. They feeel confident that their interest in the berry farm is a sound investment. Identify the tax issues facing the Waylands.
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