Answer:
$700,000
Explanation:
Data provided in the question
Sales price of the home = $960,000
Cost price of the home = $260,000
Based on the above information,
The computation of the amount of gain included in gross income is shown below:
= Selling price of the home - cost price of the home
= $960,000 - $260,000
= $700,000
Hence, the amount of gain i.e $700,000 is included in the gross income
Answer: e. All of these choices are deductible.
Explanation:
All of the above give rise to a business expense for self-employed taxpayer's uniforms or special clothing and as such are deductible.
A lawyer needs to look the part and the option said it was a 'business suit' so that classifies as a work expense.
A clown cannot be a clown without their costume so that is definitely a business Expense as well.
Some scientists need hazmat suits to perform their duties effectively so this counts as a business expense as well and is also deductible.
And a mascot like a clown, cannot be a mascot without their attire so that is a business Expense as well.
The correct answer for this statement would be TRUE. In the Operational Risk Management or ORM, this involves the careful decision making and should be systematic when managing hazards that endanger naval resources and one of the steps is implement controls which include engineering c<span>ontrols, administrative controls, and personal protective equipment. Hope this helps.</span>
Development, Structure and powers of U.S constitution and Arizona constitution have a huge comparison.
<u>Explanation:
</u>
Unlike the United States Constitution, which was embraced in 1787, that wasn't until 1912 that perhaps the Arizona Constitution was accepted, leading to the creation of the 48 states
The common terms,' we the people' all constitutions begin with, but include many different things. After all, there were certain differences between one condition and another for a set of fifty.
The Arizona Constitution states that the legislature must be split into three parts-Legislative, Legislative and executive–which are not applicable to the United States Constitution
Many think of forms to deny or expel someone from office. They will enforce them in both Constitutions. All define the qualifications for their office if they would like to run for office. Another connection that I found was apparent but significant nonetheless.
They both mention the theme of religious liberty, one of the most valuable values in our society. Eventually, both inspire their lawmakers to negotiate with them.
Answer:
1.41 Approx
Explanation:
The computation of the beta for the stock T is shown below:
Beta of portfolio = Respective betas × Respective investment weights
1.30 = (0.14 × 0.81) + (0.5 × 1.36) + (0.36 × beta of the Stock T)
1.30 =0.7934 + (0.36 × beta of the Stock T)
beta of the Stock T = (1.3 - 0.7934) ÷ 0.36
= 1.41 Approx
We simply multiplied the beta of each stock with its investment weights order to calculate the beta of the stock T as portfolio beta is given
