Answer:
The revenue from the sale treated as a long term capital gain on her 2018 income tax return
Explanation:
capital gain = (100*20) - (100*15)
= $500
tax rate on long term capital gain for 22% = 15%
tax on capital gain = $500*15%
= $75
Therefore, The revenue from the sale treated as a long term capital gain on her 2018 income tax return
Answer:
B. The demand is more elastic than supply .
Explanation:
Demand & supply are buyers & sellers ability , willingness to buy & sell respectively .
Elasticity means responsiveness of demand & supply to prices.
'Tax burden' can be forwarded / shared only in case of Indirect taxes , whose burden & incidence lie on different people.
The burden falls on the party (consumers / suppliers) whose market element (demand / supply) is inelastic i.e less responsive to prices.
So , if sellers are bearing larger burden : It means demand is relatively elastic & supply is relatively inelastic.
Answer: Organising
Explanation: Organising in management involves the role a manager plays to ensure that things are working effectively in an organization and that every department in the organization are working at their maximum best. In organising the manager puts everything in place for the smooth running of the organization.
Answer:
A. $63.9
Explanation:
Your monthly payment is $1,278 => One-month payment is a fixed amount of $1,278
Your mortgage holder places a 5% penalty on all late payments so that the penalty cost for 1 month late would be 5% of one-month payment.
=> Penalty cost can be calculated as the following equation:
<em>Penalty cost = One-month payment x 5% </em>
<em>= 1,278 x 5 / 100 = $63.9</em>
So total penalty cost would be $63.9