Answer:
C) $0 $285,000
Explanation:
The §121 exclusion establishes that homeowners can exclude from their capital gains taxes the sale of their property for a maximum of $250,000 gain (or $500,000 for joint filers) if they meet two criteria:
- they owned the property for at last 5 years
- they use the property as main residence for at least 2 years (they can aggregate time periods).
So if Eric and Katie use the §121 exclusion they wouldn't pay any capital gains tax ($500,000 is higher than $375,000).
If they decide to forgo the §121 exclusion, then they will have to pay taxes for a gain of:
capital gain = net sale price - asst basis
capital gain = ($375,000 - $10,000) - $80,000 = $365,000 - $80,000 = $285,000
Answer:
Aggregating potential car buyers into groups that have common needs and will respond in the same way to a marketing campaign is a process known as:
Market segmentation.
Explanation:
Market segmentation is a marketing effort by a business entity to classify its customers into groups according to similar characteristics and based on Demographic, Psychographic, Geographic, and Behavioral segments. Market segmentation helps the entity to identify market opportunities, design products, time marketing efforts, select appropriate media, and efficiently allocate resources to achieve its marketing goals.
Brand awareness campaign is the type of campaign that is done by the Jacob in hi physical store as he doing store visits and in-store sales and heard that specialized campaign types can help him meet these kinds of goals.
<h3>What is brand awareness campaign?</h3>
Brand awareness campaign is mostly done to promote the new brand or the unknown brand, which needs exposure to get well placed in the market.
Brand awareness is very useful tool for the company as they promotes the products plus brand name ans make the remark of the brand in customer's mind.
Thus, it is Brand awareness campaign.
For further information, Brand awareness campaign, click here:
brainly.com/question/14773098
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The answer is <u>"Total Quality Management
".</u>
Total Quality Management (TQM) depicts an administration way to deal with long haul accomplishment through consumer loyalty. In a TQM exertion, all individuals from an association partake in enhancing forms, items, administrations, and the way of life in which they work.
Total Quality Management (TQM) can be abridged as an administration framework for a client centered association that includes all representatives in constant change. It utilizes methodology, information, and powerful correspondences to coordinate the quality order into the way of life and exercises of the association.
Answer:
The balancing figure = $28,350
Explanation:
The question is to prepare the trial balance for Crane Company for June 30, 2022
A trial balance represents a statement that contains all the debit and credit balances from the account book of an organisation. It is used to show the arithmetic accuracy of the books of account.
<u>CRANE COMPANY'S TRIAL BALANCE AT JUNE 30, 2022</u>
Accounts Title Debit ($) Credit ($)
Accounts Payable 2000
Accounts Receivable 2,680
Cash 5,810
Common Stock 17,410
Dividends 1,590
Equipment 13,340
Rent expenses 1,320
Salaries and Wages 3,610
<u>Service Revenue 8,940</u>
<u> </u><u> 28,350 28,350</u>
