Answer: $223,000 long-term capital gain.
Explanation:
LEGALLY MARRIED couples who file a JOINT TAX RETURN, selling their Place of PRIMARY RESIDENCE are allowed to reduce by $500,000, their Long-term capital gain.
That means that Mr. and Mrs. Frazier, bless their souls, are allowed to remove $500,000 from the total $723,000 and as such recognize only $223,000 as tax consequence on long-term capital gain.
I guess Uncle Sam likes marriages.
If you need any clarification do react or comment.
No stocks can affect any business in which you may shop at. not owning any stocks could affect you by price changes in the business
Many times, a large company can undersell small retailers because their operating costs are much lower. Larger companies have figured out how to keep their product costs lower by mass producing and have the money to heavily market the area. Due to them being able to lower costs, they are able to sell their items for less than the small retails who have more money invested in the cost of their product.
Answer:
The coefficient of correlation (r) is between 0 and 1 (0 < r ≤ 1).
Explanation:
If there is a positive correlation, it means the correlation coefficient is positive. This implies that both variables increase together, when X tends to increase, Y tends to increase.
A perfect positive correlation (in which all the points on a scatter plot lie on an ascending straight line) has a coefficient of correlation, r equals to one (r = 1).
Also, when the values of r are close to 1, it indicates a strong positive correlation while positive values closer to 0 indicate a weak positive correlation.
Allocative efficiency is achieved when the quantity consumers plan to buy matches the quantity producers are planning to sell, which essentially means the market is in equilibrium. Therefore, allocative efficiency is achieved when consumer and producer surplus are maximized.
