Can anyone please tell me the right answer

Wesley, who is single, listed his personal residence with a real estate agent on March 3 of the current year at a price of $390,

Elenna [48]

Answer:

a. Wesley's recognized gain on the sale is $0.

b. Wesley's adjusted basis for the new residence is $325,000

c. Assume instead that the selling price is $800,000.

Wesley's recognized gain is $326,520, and his adjusted basis for the new residence is $325,000.

Explanation:

Wesley's actual gain = $363,000 - $21,780 - $600 - $300 - $800 - $200,000 = $139,520, but it can all be excluded using section 121.

If the selling price is $800,000;

Wesley's actual gain = $800,000 - $21,780 - $600 - $300 - $800 - $200,000 = $576,520, but he can exclude $250,000, so his recognized gain = $326,520

7 0

3 years ago

entrepreneurs are the back of the nation.in line with this statement evaluate the contribution of entrepreneurs to the nation by

Maurinko [17]

Entrepreneurship encourages healthy competition. It also improves economy by being able to partner with big companies in the other countries. Bheki Kunene, a young entrepreneur of South Africa, was able to partner with numerous companies across the world. And lastly, it encourages healthy competition.

6 0

4 years ago

Why is a sales tax a regressive tax?

nadezda [96]

Because people who are earning a low income still have to pay the same amount as people who are recieving a high income

5 0

4 years ago

SpeakEasy, a U.S. software company that specializes in voice-recognition software, wishes to rapidly enter the growing technical

bulgar [2K]

Answer:

<h2>In this case, the answer would be acquiring or merging with other firms producing related products or services.</h2>

Explanation:

As mentioned in the question, the market for technical translation software is basically dominated by firms producing differentiated or specialized products and services.
Now, considering that SpeakEasy is a completely new entrant in the market, it will be extremely difficult for the company to initially compete with the established market leaders or firms dominating the market.
Hence, SpeakEasy can perhaps consider acquiring or merging with some of the firms producing or specializing in voice-recognition software that will eventually ease the burden of market competition or rivalry for the company and consequently,it can commercially and economically grow and prosper in the market by capturing new customers and expanding market share.
Mergers or acquisitions, in this case, would help the company to effectively focus on its specialized activities and conducts through knowledge sharing, economies of scale or lower average production cost,transfer or transmission of technological knowledge and exploration of new customer or client bases.

3 0

3 years ago

______ are special incentives or excitement-building programs that encourage consumers to purchase a particular product, often u

Anastaziya [24]

Answer:

I think it is d if not then d haha

4 0

3 years ago