Tax that you pay when making a profit from selling a house is an example of: <span>A. Capital Gains Tax
Every time you sell an asset that is not under investment category, The difference between your selling price with the initial cost when you buy that asset should be recorded as a Capital Gain.
In United states, you're inclined to pay around 28 % from the total capital gain as Capital Gain Tax</span>
Answer:
$5,225,417
Explanation:
first payment 800000
1 quarter 250000
2 quarters 254000
3 quarters 258064
4 quarters 262193
5 quarters 266388
6 quarters 270650
7 quarters 274981
8 quarters 279380
9 quarters 283851
10 quarters 288392
11 quarters 293006
12 quarters 297694
13 quarters 302458
14 quarters 307297
15 quarters 312214
16 quarters 317209
17 quarters 322284
18 quarters 327441
19 quarters 332680
20 quarters 338003
11% = (1 + i/4)⁴
i = 0.106
quarterly interest = 2.65%
Now we need to determine the present value of this annuity and our discount rate is 2.65%. I will use an excel spreadsheet to determine the present value of the 20 quarterly payments and then add the initial payment.
$4,425,417 + $800,000 = $5,225,417
Answer:
18,500 WIP balance at September 30th
Explanation:
Job A3B
3,500 direct materials
5,000 direct labor
10,000 Overhead (200% of labor = 5000 x 200%)
18,500 WIP balance at September 30th
The cost added during October will be part of October calculation, on September we should work with September values.
<span>In a monopoly, prices are usually higher
because there's no competition,
whereas in a competitive market items which are not priced orderly may never sell
so correct option is A
hope it helps
</span>
Answer: 
Explanation:
If r is the number of successes out of n trials , then the sample proportion of success = 
For binomial experiment , if the population probability of success p on a single trial is not given , then the best point estimate for probability of success p on a single trial is the sample proportion of successes.
i.e. a point estimate for the probability of success p on a single trial :
Hence, a point estimate for the probability of success p on a single trial =
