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lana [24]
3 years ago
15

"Ethan (single) purchased his home on July 1, 2009. He lived in the home as his principal residence until July 1, 2016, when he

moved out of the home, and rented it out until July 1, 2018, when he moved back into the home. On July 1, 2019, he sold the home and realized a $210,000 gain. What amount of the gain is Ethan allowed to exclude from his gross income"
Business
1 answer:
melisa1 [442]3 years ago
7 0

168,000 is amount of the gain is Ethan allowed to exclude from his gross income

Solution:

Ethan's post 2009 non-qualified use is 2 years.

He owned the property for 10 years so he is not allowed to exclude 20% of the gain

= $210,000 × 20% = $42,000

He is allowed to exclude = ($210,000 - $42,000)

                                          = $168,000

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Answer:

99 items

Explanation:

Total number of items = 6,800

The number of items per type is:

A= 6,800*0.08\\A=544\ items\\B= 6,800*0.34\\B=2,312\ items\\C= 6,800*0.58\\C=3,944\ items

The number of items of each type counted per day is:

n_A=\frac{544}{20}\\n_A=27.2\\n_B=\frac{2312}{59}\\n_B=39.2\\n_C=\frac{3944}{121} \\n_C= 32.6\\

The total number of items counted per day is:

n = n_A+n_B+n_C=27.2+39.2+32.6\\n=99\ items\ per\ day

6 0
3 years ago
The first and easiest skill set that a human resource manager should develop is ______ skill set. a. business b. conceptual and
jeka94

Answer:

C) technical

Explanation:

One of the most important and critical issues that HRM are facing currently, is that technology is outpacing our ability to use it. And that applies to them also, that is why it is so critical for HRM to first develop technical skills, e.g. HR information software, social media handling, SQL and reporting, cloud technologies, etc.

Currently HRM deals more with improving efficiency of the organization's employees, and to be able to perform properly, HRM must dominate the avalanche of new technologies.

8 0
3 years ago
Read 2 more answers
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Solnce55 [7]

Answer:

529

Explanation:

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Parents, grandparents, or guardians can open 529 savings account for a child, who will be named as the beneficiary.  The contributor of funds to the account may be eligible for a state tax deduction for contributing to a 529 plan. The gains on the accounts are exempt from tax if they are to be used on education expenses.

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hoa [83]
I think the answer is called enriching but i might be wrong.
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3 years ago
When a parent uses the equity method throughout the year to account for its 80% investment in an acquired subsidiary, which of t
ValentinkaMS [17]

Answer:

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