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lozanna [386]
3 years ago
8

Juliana purchased land three years ago for $50,000. She gave the land to Tom, her brother, in the current year, when the fair ma

rket value was $70,000. No gift tax is paid on the transfer. Tom subsequently sells the property for $63,000.

Business
1 answer:
Nadya [2.5K]3 years ago
8 0

Answer:

Please see attachment

Explanation:

Please see attachment

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Explain the most well-known service provided by insurance companies. *
earnstyle [38]

Answer:

Car insurance

Explanation:

Everybody drives a car.

6 0
2 years ago
A firm's value added equals 10) A) its revenue minus its wages. B) its revenue minus all of its costs. C) its revenue minus its
Rufina [12.5K]

Answer:

D) its revenue minus its cost of intermediate goods.

Explanation:

The firm value added shows a difference between the revenue and the cost of intermediate goods

In mathematically,

Firm value added = Revenue - cost of intermediate goods

After deducting the cost of intermediate goods from the revenue we can get the firm value added

Hence, the option D is correct as it denotes the firm value added

8 0
3 years ago
"A tenant offers to sign a lease paying a rent of $1,000 per month, in advance (i.e., the rent will be paid at the beginning of
belka [17]

Answer:

$47,500

Explanation:

Since the payment is made monthly in advance for the period of 5 years, therefore the present value of annuity formula shall be used for the purpose of calculating the Present value of lease, which is given as follow:

Present value of annuity=R+R[(1-(1+i)^-n)/i]

In the given question

R=Rent per month paid in advance=$1,000

i=interest compounded monthly=10%/12=0.83%

n=number of payments involved=(12*5)-1=59

Present value of annuity=1,000+1,000[(1-(1+0.83%)^-59)/0.83%]

                                        =$47,500

3 0
3 years ago
What is the difference between product advertising and institutional advertising?
Likurg_2 [28]

Answer: Product advertising focuses on promoting specific individual products, while institutional advertising focuses on promoting your overall brand.

Explanation:

5 0
3 years ago
Public education in texas is overseen by both elected and appointed officials. true or false?
ivanzaharov [21]

The statement public education in texas is overseen by both elected and appointed officials is true.

Who governs the SBOE?

The State Board of Education (SBOE) establishes rules and standards for public schools in Texas. The SBOE's key tasks are as follows:

  • Establishing curricular standards
  • Examining and implementing educational materials
  • Creating graduation requirements
  • In charge of the Texas Permanent School Fund
  • Appointing military reserve and special school district board members
  • Final evaluation of the State Board of Educator Certification's proposed regulations
  • Reviewing the commissioner's proposed charter school award, with the power to veto a recommended application

Learn more about SBOE here,

brainly.com/question/27137669

# SPJ4

5 0
1 year ago
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