If during 2022, makai and mikala, a married couple, decided to sell their residence, which had a basis of $200,000. the recognized gain of the new residence is $50,000: True.
How to find the recognized gain?First step is to find the net gain on the sales of the house
Sale price of house $800,000
Less cost of acquisition of house ($200,000)
Gain on sale of house $600,000
Less commission & selling expenses ($50,000)
Net gain on sale of house $550,000
Now let find the recognized gain of the new residence
Based on the provision of the IRS, the amount deductible for married couple is $500,000.
Hence,
Recognized gain = $550,000 -$500,000
Recognized gain = $50,000
Therefore the statement is true as the recognized gain is $50,000.
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how have the careers grown due to c0vid 19
Answer:
They haven’t
Explanation:
Due to C0VID 19 numerous companies have been forced to shut down throughout the nation and therefore suggesting that the only companies that are growing are the ones whom benefit from other company shutdowns, if a lumber is currently producing over three tons of lumber per day and the lumber next to it is producing six tons. If the one of those mills shut down the other will gain the business that the previous mill had and possibly be able to also produce more lumber due to a more increased number in resources
Which of the following is NOT one of the four main roles performed by marketing communication? A) to inform. B) to entertain. C) to persuade.
B) to entertain is NOT one of the four main roles performed by marketing communication.
Marketing communication serves four main roles: to inform, to persuade, to remind, and to reinforce. The role of marketing communication is to inform consumers about a product or service, persuade them to purchase it, remind them of the benefits, and reinforce their decision to buy. Marketing communication can take many forms, including advertising, public relations, personal selling, and sales promotion. While marketing communication can be entertaining, this is not one of its primary roles. Instead, entertainment may be used as a tool to capture the attention of the audience and make the message more memorable.
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what dose productivity mean
Answer:
Productivity means, the act of doing consistent work.
Explanation:
Example: The Factory has gone up by 30% in the last year.
Jenna is working on her productivity so she could pass her class.
will owes juan $1,000 due on july 1. juan assigns the debt to joshua on june 1, but neither juan nor joshua informs will. on july 1, will pays juan $1,000. is will fully discharged from his obligation?
Yes, he will be fully discharged from his obligation because he didn't receive notice of Juan's assignment to Joshua.
Discharge of obligation:A discharge of obligations refers to that parties to the contract which are no longer liable for any terms and condition of the agreement, and no further promises may be enforced.
Why is discharge of contract important?The discharge of the contract occurs when the obligations of the contract between the parties of the contract comes to an end. This often ends the legal validity of the contract. The discharge of the contract is also known as the termination of the contract.
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5
Type the correct answer in the box. Spell all words correctly.
How can you improve customer service?
You should obtain regular
from consumers to learn about their views on customer service.
To improve customer service, it is important to regularly obtain feedback from consumers. This feedback can provide valuable insights into areas where customer service can be improved and help businesses identify areas that are working well.
One way to obtain feedback is through customer surveys or questionnaires, which can be sent out via email, social media, or on a company's website. These surveys can ask questions about a customer's recent experience with the company, including their interactions with customer service representatives. Another way to improve customer service is to invest in training programs for customer service representatives.
These programs can help employees develop better communication skills, learn how to handle difficult customers, and understand the company's products and services. Additionally, providing incentives for exceptional customer service can help motivate employees to go above and beyond for customers. Businesses can also improve customer service by streamlining processes and reducing wait times.
This can include implementing self-service options, such as online ordering or automated phone systems, to make it easier for customers to access information or place orders. Finally, businesses should ensure that they are addressing customer complaints and resolving issues in a timely and effective manner. This can help build trust and loyalty with customers and improve overall satisfaction with the company.
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3
Roscoe is helping his cousin redesign her family room. They work together to select a white leather couch, two white brocade chairs, and a large
white rug. They pick out some white throw pillows with different textures--some are knitted, and others are linen. Which BEST describes the
color scheme that Roscoe is creating?
A.
monochromatic
B.
complementary
OC.
primary
D.
analogous
Kk
Answer: Monochromatic
Explanation: Mono = 1, Chromatic = color: Everything is white.
How important is money
Answer:
very important
Explanation:
money is a global income source for everyone. we all have different types but it is all still money. now say one country got rid of money and had people pay for stuff using other things. if china did that lots of different countries wouldn't be able to get stuff from there unless they had so much of that product they could just give it up.
What are the goals of central bank when creating monetary policy?
A central bank implements monetary policy to maintain economic stability, keep unemployment low, safeguard the value of the currency, and promote economic growth.
The goals of monetary policy immediately come to mind when we think of the macroeconomic performance ideals, which include economic growth, a low unemployment rate, and stable prices. In light of this, the goals of monetary policy should include ensuring full employment, avoiding inflation and deflation, and promoting economic growth. Even while each of these goals is helpful in and of itself, there is a chance that they will conflict. shrinking chasm Efforts to manage inflation through monetary policy may have the unintended consequences of increasing unemployment and slowing economic growth.
By adjusting interest rates, reserve requirements, or through open market operations, a central bank can alter the rates at which people borrow, spend, and save.
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Admire County Bank agrees to lend Givens Brick Company $600,000 on January 1. Givens Brick Company signs a $600,000, 7%, 9-month note. What is the adjusting entry required if
Givens Brick Company prepares semi-annual financial statements on June 30?
The adjusting entry required if Givens Brick Company prepares semi-annual financial statements on June 30 is as follows:ParticularsDr($)Cr($)Interest Expense (7% × $600,000 × 6/12)21,000Interest Payable21,000Explanation
:As per the given information,Admire County Bank agrees to lend Givens Brick Company $600,000 on January 1, and Givens Brick Company signs a $600,000, 7%, 9-month note.Givens Brick Company prepares semi-annual financial statements on June 30.The maturity of the note is after 9 months of January 1, thus it will mature on September 30. It means the company has used the funds for 6 months. The amount of interest for 6 months will be:(7% × $600,000 × 6/12) = $21,000Therefore, the adjusting entry required if Givens Brick Company prepares semi-annual financial statements on June 30 is:Interest Expense account will be debited by $21,000 and Interest Payable account will be credited by $21,000.
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Kanesha is an entrepreneur and has recently opened her first coffee shop, The Coffee Cat. Kanesha pays $4,800 rent each month, $3,100 for monthly employee payroll, and $1,800 for supplies each month. She was planning on selling several of her own tables and chairs on Craigslist for $1,100, but instead she brought them to The Coffee Cat. Additionally, Kanesha quit working as an accountant where she was earning $61,000 per year to open up the shop. If the shop earns $150,000 in revenue this year, calculate annual:
Instructions: Enter your responses as a whole number. If you are entering any negative numbers be sure to include a negative sign (-) in front of those numbers. Hint: be sure to calculate explicit costs as annual costs.
a. Accounting profits. $ _____
b. Economic profits. $ ______
a. Accounting profits of Kanesha's coffee shop: As we know that Accounting profit is equal to the total revenue minus total explicit cost of the business. Thus, we can calculate the Accounting profits as:
Total revenue = $150,000
Total Explicit cost = ($4,800 * 12) + ($3,100 * 12) + ($1,800 * 12) + ($0) = $96,000
Accounting profits = Total revenue - Total Explicit cost = $150,000 - $96,000 = $54,000
Therefore, the Accounting profits of Kanesha's coffee shop are $54,000.
b. Economic profits of Kanesha's coffee shop:
As we know that Economic profit is equal to the total revenue minus total explicit cost and total implicit cost of the business. Thus, we can calculate the Economic profits as:
Total revenue = $150,000
Total Explicit cost = ($4,800 * 12) + ($3,100 * 12) + ($1,800 * 12) + ($0) = $96,000
Total Implicit cost = ($61,000) + ($1,100) = $62,100
Economic profits = Total revenue - Total Explicit cost - Total Implicit cost = $150,000 - $96,000 - $62,100 = $(8,100)
Therefore, the Economic profits of Kanesha's coffee shop are $(-8,100).
Answer: Therefore, Accounting profits are $54,000 and Economic profits are $(-8,100).
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What should you do before you approach a atm
Answer:
Try to use ATMs with which you are familiar. Choose well-lit, well-placed ATMs where you feel comfortable. If you need to use an ATM late at night, ask a friend to accompany you.
Before approaching the ATM, scan the surrounding area. Avoid the ATM altogether if it is too dark to see, isolated or looks unsafe. If there are bystanders loitering in the area, go to another machine or come back later.
Use your body to shield the screen and keypad before entering your PIN. Make sure other individuals in line stay a reasonable distance from you while you're performing your transaction.
Which of the following statements best characterizes the O*NET view of how greening is changing the
United States economy? (BRAINLIEST if you answer)
The demands of a greening economy will affect different occupations in different ways.
Everyone's jobs will be different as green technology chapges everything,
A greening economy will primarily demand that existing jobs adapt to new approaches,
The primary change a greening economy will create is the demand for entirely new jobs.
Answer:
The demands of a greening economy will affect different occupations in different ways.
Explanation:
just did it.
The O*NET view of how greening is changing the United States economy is best characterizes as The demands of a greening economy will affect different occupations in different ways. Thus the correct option is A.
What is the economy?The economy of any country is determined by the ratio of production and consumption that takes place within a year and evaluates the flow of funds in the market by analyzing the purchasing parity of an individual.
An existing O*NET's job and labor requirements significantly change as a result of the influence of green economy activities and technologies giving more opportunities.
The Green Economy was described by the O*NET study as "commercial activity related to lowering the number of fossil fuels, decreasing pollution, and reducing greenhouse gases that are present in the environment and have an impact on human life.
Therefore, option A is appropriate.
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You have decided that you want to be a millionaire when you retire in 45 years.
Requirement 1: If you can earn an annual return of 11.16 percent, how much do you have to invest today? (Enter rounded answer as directed, but do not use rounded numbers in intermediate calculations. Round your answer to 2 decimal places (e.g., 32.16).) Investment$
Requirement 2: What if you can earn an annual return of 5.58 percent? (Enter rounded answer as directed, but do not use rounded numbers in intermediate calculations. Round your answer to 2 decimal places (e.g., 32.16).) Investment$
Requirement 1: If you can earn an annual return of 11.16 percent, how much do you have to invest today? (Enter rounded answer as directed, but do not use rounded numbers in intermediate calculations. Round your answer to 2 decimal places (e.g., 32.16).)
Investment $ The amount of money you have to invest today if you want to be a millionaire when you retire in 45 years, if you can earn an annual return of 11.16 percent is $4,190.25. Requirement 2: What if you can earn an annual return of 5.58 percent? (Enter rounded answer as directed, but do not use rounded numbers in intermediate calculations. Round your answer to 2 decimal places (e.g., 32.16).)
Investment $ If you can earn an annual return of 5.58 percent, how much do you have to invest today if you want to be a millionaire when you retire in 45 years? The amount of money you need to invest today is $12,331.65. What is the present value of an annuity? The present value of an annuity is the value of a group of future cash flows at the current time. For example, if an investor can expect to receive a set amount of cash for a certain number of years in the future and would like to know what that amount is worth in the present.
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Hey, can I please get some help? Thank you!
2.When interest rates are rising, both businesses and consumers will cut back on spending. This will cause earnings to fall and stock prices to drop. ... As interest rates move up, the cost of borrowing becomes more expensive. This means that demand for lower-yield bonds will drop, causing their price to drop.
Milo Manufacturing uses straight-line depreciation for financial statement reporting and is able to deduct 100% of the cost of equipment in the year the equipment is purchased for tax purposes. Four years after its purchase, one of Milo's manufacturing machines has a book value of $800.000. There were no other temporary differences and no permanent differences. Taxable income
was $30 million and Milo's tax rate Is 25%.
What is the deferred tax liability to be reported in the balance sheet?
Milo Manufacturing should report a deferred tax liability of $200,000 in the balance sheet. This represents the future tax obligation arising from the temporary difference in the book value and tax basis of the manufacturing machine.
To calculate the deferred tax liability to be reported in the balance sheet, we need to determine the temporary difference related to the manufacturing machine and apply the applicable tax rate.
The temporary difference in this case is the difference between the book value of the manufacturing machine ($800,000) and its tax basis, which is the cost of the equipment that was fully deducted for tax purposes in the year of purchase.
Temporary Difference = Book Value - Tax Basis
Temporary Difference = $800,000 - $0 (fully deducted)
Temporary Difference = $800,000
Next, we calculate the deferred tax liability using the temporary difference and the tax rate:
Deferred Tax Liability = Temporary Difference * Tax Rate
Deferred Tax Liability = $800,000 * 25%
Deferred Tax Liability = $200,000
Therefore, Milo Manufacturing should report a deferred tax liability of $200,000 in the balance sheet. This represents the future tax obligation arising from the temporary difference in the book value and tax basis of the manufacturing machine.
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Human resource planning is one of the most important elements in a successful human resource management program.TrueFalse
True. Human resource planning is one of the most important elements in a successful human resource management program is correct.
The main task of HRM is workforce planning, as the focus is on the use of human resources. Because organizations do not own individuals in the same way that they own capital and other assets, individuals are rarely given the attention they deserve.
Many managers failed because they took talent for granted. One of the main tasks of management is personnel planning. This is very important as a company's talent gives them a competitive advantage. In the age of competitiveness, companies place more emphasis on employee training and skills.
Especially in business and industry, human resources play a central role in human activities. Because of its importance to organizational efficiency, most major commercial organizations have established separate HRP departments.
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When making decisions, managers often must decide between doing what is beneficial for the firm in the short term, and what is beneficial for both the firm and society in the long term. To address this conflict, a firm must
When making decisions, managers are often faced with a conflict between what is beneficial for the firm in the short-term and what is beneficial for both the firm and society in the long-term.
This conflict arises because the actions that benefit the firm in the short-term may not necessarily align with the interests of society as a whole, which can lead to negative consequences for both the company and society in the long-term.
To address this conflict, a firm must adopt a long-term orientation and consider the broader social and environmental impacts of its decisions. This means looking beyond immediate financial gains and recognizing that actions taken today can have far-reaching implications for the company's reputation, customer loyalty, employee morale, and overall sustainability.
Firms that prioritize social responsibility and sustainable business practices are more likely to build strong relationships with stakeholders, including customers, employees, investors, and regulators. They are also better equipped to weather economic downturns and other disruptions, as they have diversified their risk and invested in building resilient supply chains and communities.
Ultimately, the key to addressing the conflict between short-term gains and long-term benefits is a commitment to corporate social responsibility (CSR) and sustainable business practices. By prioritizing the needs of society and the environment alongside those of shareholders, firms can create value for all stakeholders over the long-term, ensuring their continued success and impact.
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fill in the blank. In US ___% soybean, ___% cotton, ___% corn (GMO)
In US 86% soybean, 78% cotton, 46% corn (GMO)
86% of soybean, 78% of cotton, and 46% of corn produced in the US are genetically modified.
In the United States, genetically modified organisms (GMOs) have become an integral part of agriculture. Among the most commonly grown GMO crops are soybean, cotton, and corn. According to the provided data, 86% of soybean, 78% of cotton, and 46% of corn produced in the US are genetically modified. These GMO crops have been developed to possess specific traits, such as resistance to pests, diseases, and herbicides, which helps increase crop yield and reduce the need for chemical inputs. As a result, farmers can produce more food with less negative impact on the environment.
However, there is ongoing debate about the potential risks and benefits of GMOs. Advocates argue that GMO crops contribute to global food security and sustainability by increasing production and reducing the reliance on harmful chemicals. On the other hand, critics raise concerns about potential health risks, the potential impact on biodiversity, and the increased control of seed companies over agriculture.
While the scientific consensus is that GMOs are safe for human consumption and the environment, it is essential to continue research and monitor the long-term effects of these crops. Public education and open dialogue can help in making informed decisions about the role of GMOs in agriculture and food production. In summary, GMO crops, such as soybean, cotton, and corn, play a significant role in US agriculture, and understanding their benefits and potential risks is crucial for sustainable food production.
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how to write an action plan
Answer:
to write action plan you need to make an action
Which of the following terms describes doing things in a way that dies not deplete natural resources or damage the environment
Answer:
B. sustainability
Explanation:
Here are the options to this question
A. efficiency
B. sustainability
C. reliability
D. renewable
Sustainability involves the proper use of resources found in the environment to ensure that they last or are available for future generations.
Methods of ensuring environmental sustainability :
1. recycling
2. reducing the use of non renewable resources and using more renewable resources
3. reducing the amount of pollution
Answer:
sustainability
Explanation:
edge 22
By making small purchases and paying the ______________ amount each month, a potential borrower shows a lender how they use credit wisely.
entire
minimum payment
late fee
interest
Answer:
entire
Explanation:
Lenders will always check a borrower's credit history before advancing credit to them. The lenders' main interest is to assess the risk involved in extending credit to a customer. A borrower with a history of late payments and defaulting on loans is considered high- risk and unsuitable for credit facilities.
Lenders prefer clients who are quick in debt repayments. They consider them a low-risk customer and highly unlikely to default on loans. Such customers will always have a low debt-to-income ratio.
If the store where you purchased an item cannot or will not help you with a problem,
the next place to turn is to the manufacturer.
TRUE OR FALSE
Answer:
True
Explanation:
In general, business writing should be _____.
Business writing is important in the business community. The writing style and material must be specific in order to elicit a meaningful reaction and be expressive in nature.
What is a company definition in a nutshell?
A business is described as a company or organisation that engages in commercial, industrial, or professional activity. Companies can be either for-profit or non-profit organisations. Limited liability firms, sole proprietorships, corporations, and partnerships are all examples of business structures. The introduction to the business plan provides a basic summary of the business plan, including a brief company description, aims and objectives, and the reason for launching the firm.
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The primary purpose of life insurance is to provide:
a. financial security for dependents in the event of death.
b. protecting from creditors.
c. tax-advantaged investments.
d. none of the above
The primary purpose of life insurance is to provide financial security for dependents in the event of death.
Life insurance is a financial product that offers financial security to the insurer's family members or other dependents in the event of the insurer's death. It's a contract between the insurer and the policyholder, which guarantees payment of a sum of money to the beneficiaries of the policyholder's estate after their death.The primary purpose of life insurance is to provide financial security to the insurer's family members or dependents in the event of the insurer's death.
Therefore, option A. financial security for dependents in the event of death, is the correct answer. The other options, protecting from creditors and tax-advantaged investments, do not relate to the primary purpose of life insurance.
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What impact on Jamie Lee's income would the gift of $1500 from her great aunt have on her adjusted gross income?
The gift of $1500 from Jamie Lee's great-aunt will not impact her adjusted gross income.
Taxable income is the portion of an individual's income that is subject to taxation according to federal and state laws. Adjusted gross income (AGI) is an individual's total gross income minus specific deductions, such as student loan interest and contributions to retirement accounts.
In the case of Jamie Lee receiving a $1500 gift from her great aunt, this amount would not have any impact on her adjusted gross income. Gifts are not considered taxable income, and therefore, they do not affect an individual's AGI. However, it's important to note that the gift giver, in this case, Jamie Lee's great aunt, may be subject to gift tax if the gift exceeds the annual exclusion limit set by the IRS.
So, the $1500 gift from Jamie Lee's great aunt will not impact her adjusted gross income or her taxable income, and she does not need to declare this amount as income.
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Disadvantages of choosing a job that is extremely popular or in demand
The disadvantage of choosing a job that is very popular or a job that is in high demand is that after a while such a job may become saturated or it would become monotonous.
What is a high demand job?This is the term that is used to refer to a job that the people that wpould employ labor are constantly in need of. Such a job is one that would require the people that have the qualification to opt in and get the places and the roles that they are to fill.
The issues that may arise from such a job that is in high demand is that after a period, such a job may have a lot of persons that would want to fulfil the role.
The number of qualified persons may become more than the job that is available for the people to do in the long run.
Hence this is a disadvantage. Therefore I would conclude by saying that the disadvantage of choosing a highly popular job is that the number of persons that are willing to fulfil the role may exceed the job overtime.
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The income statement is divided into three major categories. What are these categories?
Answer: revenue, expenses and net
Explanation:
Critique the following statement: “Safety is not important in offices or retail workplaces.”
Answer:
Safety is important in every workplace. Even in low risk work places, there are certain occupational hazards, like musculoskeletal disorders, including carpal tunnel syndrome and repetitive stress injuries.
Explanation:
The answer the site said after I took it
Answer:
Safety is important in every workplace. Even in low risk work places, there are certain occupational hazards, like musculoskeletal disorders, including carpal tunnel syndrome and repetitive stress injuries.
Explanation:
Sample answer; edge 2021
______ Is a market in which a large number of suppliers compete with each other to satisfy the needs and wants of a large numbers of consumers at a competitive price.???
Answer : Monopolistic competition
Answer:
Monopolistic Competition
Explanation:
In a monopolistic competitive market, there are large numbers of sellers who do not sell identical products instead they sell differential products. They compete with each other at a competitive price. The products could be differentiated in many ways including quality, style, location and even brand name. Since they compete at a competitive price, if there is a substantial rise in the price of any of the products, the buyers could quickly shift from one product to another. The most crucial factor behind product differentiation is because of geographical factors. Under a monopolistic competitive market, the sellers do not have any influence over customer loyalty and limited control over the price.
Will the grading period effect what college you will go to later on?
A (True)
B (False)
Answer: A
Explanation:
Answer:
NO
Explanation: