Answer:
$150,000
Explanation:
A rise in the worth of an asset over time that puts a higher price than the price the asset was purchased for is called a capital gain. Capital gains are not realized unless the assets are sold over and above their purchase prices.
In this case the asset was bought for $300,000 and sold for $450,000 representing a net gain of $150,000. All other factors remaining same, this is the amount of gain that Nelson can realize. There are normally capital gains tax payable that can be deducted from the net gain, not applicable in this case.
Hope that helps.
Answer and Explanation:
The computation is shown below:
<u>Particulars Sell Process Net income </u>
<u> Unfinished Further Increase (Decrease)
</u>
Sales Price
per unit $58 $75 $17
Variable cost
per unit $37 $43 -$6
($37+ $6)
CPU Fixed $11 $11 $0
CPU Total $48 $54 -$6
Net Income
Per Unit $10 $21 $11
As it can be seen that there is an increase in net income per unit so The Sunland street should sell its finished bookcases
Answer:
<u>Surface-level diversity.</u>
Explanation:
The display of surface-level diversity corresponds to different characteristics that are easily observed and easy to measure. These may be attributes of age, physical ability, gender, ethnicity, and others.
They are also divided as: social category diversity, demographic diversity, bio-demographic diversity and others.
Based on the given description, Tina’s services fall into the category of possession processing services.
Possession processing service is defined as <u>providing a service to goods or other physical possessions that the customer owns</u>.
Thus, because Tina provides a service to people’s garden, her service falls into this category. Other examples for possession processing service include shoe cleaning service, plumbing, and housekeeping.
