latonya owned a house for which she paid $300,000. she added a backyard patio deck at a cost of $5,000, making her adjusted basis $305,000. she later sold the house for $330,000 and paid a $20,000 sales commission. what is latonya's gain or loss?
Answers
Latonya's gain or loss, given the basis in the house, and the sales commission paid, is $ 5, 000
How to find the gain or loss ?The gain or loss to Latonya can be found by the formula :
= Selling price - Commission - Basis in house
Selling price = $ 330, 000
Commission = $ 20, 000
Basis in house = $ 305, 000
The gain or loss is:
= 330, 000 - 20, 000 - 305, 000
= $ 5, 000
In conclusion, there is a gain of $ 5, 000.
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Related Questions
Please help with economics will mark brainliest
Answers
Answer On 25, it is likely economic growth since both go up, however it might also be coming back from an recession, but i would go for economic growth first. On 24, I think it is no idle resources and using resources efficiently.
Explanation:
What is an example of a digital asset?
O A. Cash
OB. A framed photograph
OC. Real estate
O D. Company reward points
Answers
An example of a digital asset is: B. A framed photograph.
What is digital assets?Digital assets can be defined as any item that are digitally kept in which the assets tend to add value to the owner of it.
Framed photography is considered a digital assets based on the fact that it is an image that tend to add value to the owner of it.
Some of the example of digital assets are:
LogosAnimationsDigital painting etcTherefore we can conclude that the correct option is B.
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Answer:
Company reward points
Explanation:
An annuity is a great way to invest your money while "playing it safe."
True
False
Answers
An agent's client calls on Monday to discuss the current market situation. They discuss how 100 shares of KAPCO common stock would be an appropriate addition to the client's portfolio. On Thursday, the client calls and tells the agent to place an order for the KAPCO stock at whatever price the agent feels is best. The agent waits until Friday, purchasing the stock at a price $2 per share below Thursday's low. In this case the agent acted A) improperly; the order should have been placed on Thursday B) properly because the agent used discretion as to price and time C) improperly; the order cannot be placed without prior written authorization allowing discretion D) properly because the agent saved the client money
Answers
Answer:
A) improperly; the order should have been placed on Thursday
Explanation:
An agent is someone that is contracted by a client to effectively manage his business interest and also to follow client instruction on time in order to make profit for the client.
In the given scenario the agent received instructions to place an order for the KAPCO stock at whatever price the agent feels is best.
Since they had initially discussed the suitability of the KAPCO stock before now, the agent should have placed the order immediately.
However his delay till Friday resulted in a loss of $2 per share below Thursday's low.
The agent acted improperly.
Your job is to cold call people and sell
them life insurance. You do some
research and find out that the life
insurance policy could be purchased
cheaper online. Your boss forbids you
to tell the customer this and expects
you to sign up at least 5 new
customers per day.
What will you do?
Answers
I believe I would be cheating customers if I don't do right by them. I would prefer to look for a new job than do something that is ethically wrong and against my morals.
As an employee, I would first try to figure out a way to do right by the customers and reduce the insurance fee. I would try to explain to my boss how we could benefit and increase our customer base if we reduce the fees.
If I fail at getting the price change. I would try looking for a new job that fits well with my morals. Till the time I get a new job, I would try working the same job and explaining to the boss.
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In order to satisfy the needs and wants that people have, businesses must combine factors of production. The factors of
production are: Capital, Enterprise, Land, Labour.
Case Study:Freshz Coffee
Freshz Coffee has just opened in Dubai. FreshZ will need factors of production.
Give examples of the factors of production it will need and how they will be used.
Answers
Answer:
by utilizing the goods by their proper uses
When aksed if a company should drop a product, a segment or line of business, what is a key question that should first be asked?.
Answers
The key question that should first be asked will be: Will any of the fixed costs go away? If not, ignore them in the decision process.
The fixed cost of a business needs to be decreased if a company is not generating the desired output. Whatever strategy you formulate for increasing the output or decreasing the input should focus on lowering the fixed cost.
You should take the necessary step of either finishing just a product, a line of business depending on the strategy which will make the fixed cost go away. Normally, a fixed cost remains unchanged unless a product or a line of business is dropped.
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ACTIVITY 2.
Identify and explain briefly the question below
1 What are the 4P's in marketing plan?Explain each
А__________
B__________
С__________
D__________
Answers
Answer:
A. Product
B. Price.
C. Place.
D. Promotion.
Explanation:
Marketing plan can be defined as the choices about product attributes, pricing, distribution, and communication strategy that a company blends and offer its targeted markets (customers) so as to build and maintain a desired response.
Generally, a marketing plan is made up of the four (4) Ps and these includes;
1. Products: this is typically the goods and services that gives satisfaction to the customer's needs and wants. They are either tangible or intangible items.
2. Price: this represents the amount of money a customer buying goods and services are willing to pay for it.
3. Place: this represents the areas of distribution of these goods and services for easier access by the potential customers.
4. Promotions: for a good sales record or in order to increase the number of people buying a product and taking services, it is very important to have a good marketing communication such as advertising, sales promotion, direct marketing etc.
What are 3 advantages of a command economy?
Answers
The main three advantages of command economy are listed below:
1. Centralized decision making: In a command economy, all economic decisions are made by the government. This allows for a more centralized and coordinated approach to economic planning, which can be beneficial for achieving specific economic goals, such as increasing industrial production or improving infrastructure.
2. Ability to direct resources towards priority sectors: A command economy allows the government to direct resources towards priority sectors, such as education, healthcare, and infrastructure, without the interference of market forces. This can be beneficial in ensuring that the basic needs of the population are met.
3. Greater control over inflation: Government control over the economy can help to keep inflation in check by controlling the supply of money and regulating the prices of goods and services. This can help to stabilize the economy and promote long-term growth.
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The rise or fall in the price of an item is an.example of which of the following?
O Inflation risk
O Personal risk
O Income risk
O Interest rate risk
Answers
Answer:
Inflation risk
Explanation:
I am taking a class this right now
Answer:
income risk
Explanation:
i do the test
Problems are ____. People producing unacceptable results Results that are not acceptable Departments producing the unacceptable results Solutions that eliminate the unacceptable results Causes producing unacceptable results
Answers
Answer:
Results that are not acceptable.
What are Logistics careers?
Answers
do you think that holacracy is a good match with zappos' business strategy? why or why not? explain.
Answers
Holacracy could potentially be a good match with Zappos' business strategy. Zappos is known for its unique corporate culture and emphasis on employee empowerment, and holacracy is a management system that aims to distribute decision-making power and authority across an organization.
With holacracy, employees are organized into self-governing teams called "circles," which are responsible for making decisions and achieving specific goals. This aligns with Zappos' emphasis on employee autonomy and could help foster a more collaborative and innovative workplace culture.
However, the detailed answer is that implementing holacracy is not without its challenges and potential drawbacks. For example, some employees may struggle with the increased responsibility and decision-making power that comes with holacracy, and there may be confusion or conflict around roles and responsibilities within the circles.
Additionally, holacracy may not be a good fit for every aspect of Zappos' business. Some areas, such as finance or legal, may require more hierarchical decision-making structures.
Overall, while holacracy may align with Zappos' values and culture, it is important to carefully consider the potential benefits and challenges before implementing such a significant change in management structure.
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PLEASE HELP!!!!
?
A. A parent visits her son's second-grade classroom to observe his behavior.
B. A zoo employee observes a new gorilla's interaction with the other gorillas in the enclosure.
C. A new employee sits beside a veteran employee to see what types of situations occur during a normal work day.
D. After receiving an anonymous tip, a supervisor observes his staff to see if any of them are downloading music while they should be working.
?
A. A researcher watches the cars entering a mall parking lot and records the number of red cars.
B. A principal observes a teacher to see if the teacher completes all items on an evaluation checklist.
C. An undercover police officer joins a gang in order to observe its members and activities.
D. A day-care worker observes a particular child who has been accused of biting other children.
Answers
2:B principals always observe teachers and students
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Explanation:
What is Jack doing to ensure savings for a new car?
Answers
Answer:
Could you add more context?
Explanation:
Answer:
He could be putting the money into the bank.
Explanation:
In which part of a résumé would you mention details of any prizes or awards that you won in professional competitions?
Answers
Answer:
"Scholarships or Competitions" would be the appropriate choice.
Explanation:
As even the title indicates, this would be the segment of your CV or resume wherever you mention the related honors, accomplishments, or prizes you have received for performing above the norm. It requires scholarships, contests, career-related honors, or perhaps even raises to management place throughout the job. Even with your remarkable accomplishments, users shouldn't have to build a special segment.Answer:
Honors and activities
Explanation:
Hope this helps :)
What are the 4 common financial statements?
Answers
The four common financial statements are the Balance Sheet, Income Statement, Cash Flow Statement, and Statement of Changes in Equity.
The 4 common financial statements are: The Balance Sheet: This statement shows a company's assets, liabilities, and equity at a specific point in time. It is used to assess the financial health of a company. The Income Statement: This statement shows a company's revenues and expenses over a specific period of time. It is used to determine a company's profitability.
The Cash Flow Statement: This statement shows a company's inflows and outflows of cash over a specific period of time. It is used to assess a company's liquidity and ability to meet its financial obligations. The Statement of Changes in Equity: This statement shows the changes in a company's equity over a specific period of time. It is used to assess how a company's equity is affected by its profits or losses.
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Which of the following affects employers’ decisions on how much to pay their workers? Maximizing costs
Maximizing profits
Minimizing profits
Minimizing benefits
Answers
What affects employers’ decisions on how much to pay their workers is : Maximizing profits.
What is profit maximization?Profit maximization can be defined as the way in which a company or an organization tend to determine the price level that enables them to maximize profit.
Every company or organization goals is to make profit based on this company that is determine to make profit must tend to make use of profit maximization approach.
Profit maximization is important as it can tend to lead to sustainable growth for companies which is why most companies make use of profit maximization strategy so as to make higher profit.
Therefore what affects employers’ decisions on how much to pay their workers is : Maximizing profits.
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This industry type is likely to be the most inefficient by producing less and driving the price up:
Oligopoly
Perfect Competition
More than one of these is correct
Monopolistic Competition
Pure Monopoly
Answers
Monopolistic Competition is likely to be the most inefficient by producing less and driving the price up.
This is because in monopolistic competition, there are many firms competing with each other, but they produce differentiated products that are not perfect substitutes for each other. As a result, each firm has some market power and can influence the price of its product. However, since there are many firms, the market is still relatively competitive, and firms must compete on price and quality to attract customers.
In this type of market structure, firms may engage in non-price competition, such as advertising and branding, which can increase their costs and reduce efficiency. Additionally, since products are not perfect substitutes, firms may have some degree of market power, which can lead to inefficiencies such as underproduction and higher prices.
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Which of the following is an example of a pricing objective?
A. Minimize cost
B. Minimize profit
C. Maximize profit
D. Minimize the product life cycle
Answers
Answer:
leter d.
Explanation:
because it is can pricing object and it can ♻ sana makatulong ito
question 3 as a project manager you are practicing risk management. you have already defined potential risks, determined their likelihood and potential impact. now, you prioritize the risks. this represents which risk management step?
Answers
The step that represents prioritizing risks in risk management is called risk assessment or risk prioritization. After identifying potential risks, assessing their likelihood and potential impact, the next step is to prioritize them based on their level of significance or criticality.
This involves assigning a priority or ranking to each risk based on factors such as the likelihood of occurrence, potential impact on the project objectives, and the project's overall risk appetite. The purpose of prioritizing risks is to focus resources and attention on the most significant risks, ensuring that appropriate mitigation strategies are put in place to address them effectively.
By prioritizing risks, project managers can allocate resources efficiently and take proactive measures to minimize the impact of potential risks on project success.
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How can part-time or temporary work help you explore career choices?
The three traits an entrepreneur must possess to be successful are _____.
a.
motivation, humility, and decision making
b.
conflict management, motivation, and decision making
c.
sight & foresight, decision making, and motivation
d.
humility, conflict management, and sight & foresight
Please select the best answer from the choices provided
A
B
C
D
Answers
Answer:
d is your answer
Explanation:
Deanna purchased $24,000 worth of stock and paid her broker a 1% broker fee. She sold the stock when it increased to $29,100 three years later and used a discount broker who charged $35 per trade. Compute her net proceeds after the broker fees were taken out
Answers
Answer:
Here:
Explanation:
Purchase price of shares = 24000
total purchase cost = price of shares bought + broker fees total purchase cost = 24000 + 0.01*24000 =24240
selling price of shares = 29100
total selling cost = price of shares sold - broker fees total selling cost = 29100 - 35 = 29065
Net proceeeds = total selling cost - total purchase cost Net proceeds = 29065 - 24240 = 4825
Costs for office equipment in the first year of a business can run from approximately
A 500 to $1,500.
B3,000 to $12,000.
C6,000 to $18,000.
D10,000 to $25,000.
Answers
Answer:
c
Explanation:
if it's a green technology than the answer could be c
The trial balance before adjustment of Estefan Inc. Shows the following balances.
Accounts Receivable Dr. $80,000
Allowance for Doubtful Accounts Dr. 1,750
Sales, Net Revenue (all on credit) Cr. $580,000
1. Give the entry for estimated bad debts assuming that the allowance is to provide for doubtful accounts on the basis of (a) 4% of gross accounts receivable and (b) 1% of net sales
Answers
(a)
Bad Debts Expense (8000×.04 + 1750) Dr.4950
Allowance for Doubtful Debts Cr.4950
Define doubtful debts.Debt that is unlikely to be repaid is referred to as doubtful debt, as the term suggests. However, bad debt is debt that will undoubtedly not be repaid and must therefore be written off. If it becomes evident that payment cannot be obtained, a debt may start out as dubious before changing to a bad debt in the future.
Because it is an account receivable contra account, the provision for doubtful debts is a line item in the balance sheet that appears immediately beneath accounts receivable and should always have a credit amount. A questionable debt is one for which it could be necessary to make a provision for doubtful accounts because it might turn out to be a bad debt in the future.
(b)
Bad Debts Expense (580000×.1%) Dr.5800
Allowance for Doubtful Debts Cr.5800
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40% of sales at supermarkets in the carry the stores' own brand names. 20% of all supermarket sales in carry the stores' own brand names. And in the United States, 14% carry the stores' own brand names. These stores use a __________ strategy to sell other manufacturers' products with their own brand names. generic branding multibranding co-branding private branding multiproduct branding
Answers
Answer:
Private branding
Explanation:
Private branding is defined as the strategy used by mostly retail stores where they put their own brand on products that they sell. It is used on wide variety of products sold by retailers from cosmetics to food.
They are also called store brands or own brands.
In the given scenario the stores are selling other manufacturers' products with their own brand names. This is private branding
What is the difference between a salary and an hourly wage? everfi
Answers
For jobs completed during the working day, salaries are hourly or regular payments. The key distinction between wages and hourly wages is that both the employer and the employee agree that wages are a fixed payment. On the other hand, salaries can vary based on hours worked and results.
hope that helps
Answer:
Hourly wage is the amount of currency the person is being paid each hour. Salary on the other hand is the amount of money a person is being paid yearly.
Explanation:
To make sure that the federal funds rate does not fall much below the floor set by the interest rate on excess
reserves, the Federal Reserve has set up the ________ facility in which these nonbank lenders can lend to the
Fed and earn an interest rate that is close to the interest rate the Fed pays on excess reserves.
A)
Primary Dealer Credit
B)
reverse repo
C)
Term Securities Lending
D)
Term Auction
Answers
alternative B is right answer. To make positive that the federal funds fee does no longer fall a lot beneath the floor set with the aid of the hobby price on excess reserves, the Federal Reserve has set up the reverse repo facility in which these nonbank lenders can lend to the
Fed and earn an activity charge that is close to the interest rate the Fed can pay on excess reserves.
What is intended via reverse repo?Definition: Reverse repo price is the charge at which the central financial institution of a u . s . (Reserve Bank of India in case of India) borrows money from business banks within the country. It is a monetary policy instrument which can be used to control the money furnish in the country.
Why do banks reverse repo?The Overnight Reverse Repo Facility (ON RRP) helps furnish a ground beneath overnight interest costs by means of appearing as an alternative investment for a wide base of money market investors when rates fall under the activity on reserve balances (IORB) rate.
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https://brainly.in/question/6742421#SPJ4Describe an experience you have had as a consumer which illustrates supply and demand.
Answers
Answer:
The law of supply and demand is the market rule by means of which the supply of goods and the demand for them are interrelated, linked through price: the higher the price of the good, the lower the demand for it, since that it will be more inaccessible for consumers, with which there will be an excess supply; Whereas, if the price of the good falls, the demand for the good increases and its supply will not meet the consumption expectations of consumers.
A clear example of this situation occurred in the midst of the coronavirus pandemic, when as a result of restrictions on public transport and fear of crowding in closed places, many people decided to purchase bicycles as an alternative means of transport, which triggered the demand for said well by causing the prices of these to increase.
What is Peloton’s strategy? Assess Peloton’s strategy in terms of (a) its fit with its business environment—particularly in relation to its customers’ needs and preferences and competitors’ offerings; (b) its fit with internal resources/capabilities)
Answers
Peloton's strategy revolves around providing a comprehensive and immersive fitness experience to its customers through its connected exercise equipment and digital content.
The company aims to create a seamless blend of hardware, software, and content to cater to the evolving needs and preferences of its target market. Peloton's strategy aligns well with the changing trends and demands in the fitness industry. It caters to the needs and preferences of customers who seek convenient and engaging workout options at home.
By offering live and on-demand classes across various fitness disciplines, Peloton provides a personalized and interactive fitness experience. This approach taps into the growing demand for at-home fitness solutions, especially during the COVID-19 pandemic. Additionally, Peloton's competitive pricing and subscription-based revenue model help position it favorably in the market.
Peloton's strategy leverages its internal resources and capabilities effectively. The company has invested heavily in developing high-quality exercise equipment, integrating advanced technology, and curating engaging content. Peloton's robust supply chain and manufacturing capabilities enable it to deliver its products efficiently. Its strong brand and community-building efforts contribute to customer loyalty and engagement. Moreover, Peloton's continuous innovation and focus on data-driven insights enable it to refine its offerings and tailor them to customer preferences.
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