A budget surplus of $7
<h3>What is a budget surplus's opposite?</h3>
A budget deficit is the polar opposite of a budget surplus. If a company (or government) has a budget deficit, it signifies that over the given timeframe, it spent more money than it brought in. A business's budget deficit could necessitate a budget reform for the upcoming fiscal year, even though a budget deficit for the government is not always negative for spending.
<h3>What does the term "surplus" mean?</h3>
A surplus is a sign that the government is being run efficiently. When government income is higher than government expenditures for a specific time period, typically a fiscal year, there is a surplus, which is a positive number.
<h3>How is inflation caused by a budget surplus?</h3>
Nevertheless, inflationary pressures can also exist when the economy is struggling. In essence, a rise in the money supply is what causes inflation. In light of the foregoing, a budget surplus will drain funds from the economy, hence lowering the money supply and fostering a deflationary environment.
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If the tax rate on nominal capital gain is 50%, how much tax does Bertha pay on her gain is: $97.
<h3>Gain</h3>
First step
Bertha's capital gain= ($220 - $200) x 10 shares
Capital gain = $200
Second step
Balance left after government took 50%
Balance left= $200 x (1 - 0.50)
Balance left= $100
Third step
Gain=$100 x (1 - 0.03)
Gain=$97
Therefore If the tax rate on nominal capital gain is 50%, how much tax does Bertha pay on her gain is: $97.
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Answer:
A presentation.
Explanation:
Presentation can be defined as a process of dispensing information about a particular topic to a group of audience. This type of communication channel helps to inform and inspire individuals about a new idea.
Presentation is used to engage the audience about new projects and strategies that should be carried out to ensure the overall growth of the business.
In the scenario above, Abril needs to use a presentation to communicate to her team the strategies she wants to employ inorder to increase productivity.
Answer: shown in the attachment
Explanation: also shown in the attachment
Answer:
Jonas must recognize a long term capital gain = $680,000 - $500,000 = $180,000
Since this gain is originated from the sale of a property, it will be considered a capital gain. If the property was held for less than a year before it was sold it would be considered a short term capital gain, but in this case the property was held for 9 nines, therefore, it is considered a long term capital gain.
