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katrin2010 [14]
2 years ago
11

sold real property with a $140,000 adjusted basis for $255,000. The buyer paid $148,000 cash and assumed Mr. Beck's $107,000 mor

tgage on the realty. Mr. Beck's realized gain or loss on sale is:
Business
1 answer:
Oxana [17]2 years ago
8 0

Answer:

The answer is $115,000

Explanation:

Solution

Given that:

Property sold  =$140,000

Adjusted basis = $255,000

The buyer paid =$148,000

Mortgage on reality =$107,000

The next step is to find Mr Beck realized gain or loss on sale

Thus

Sale value =$140,000

Adjusted basis =$255,000

140,00 + 255,000 = $115000

Therefore Mr beck realized gain or loss on sale is $115,000

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Ecolap Inc. (ECL) recently paid a $0.46 dividend. The dividend is expected to grow at a 14.5 percent rate. At a current stock pr
UNO [17]

Answer:

a) 15.69%

Explanation:

The computation of the expected return is shown below:

= (Current year dividend ÷ current price) + growth rate

where,

Current year dividend = Dividend × ( 1 + dividend growth rate)

                                     = $0.46 × (1 + 14.5%)

                                     = $0.527

And, the other item values remain the same

Now put these values to the above formula

So, the value would be equal to

= ($0.527 ÷ $44.12) + 0.145

=  15.69%

4 0
2 years ago
Pioneer Systems Inc. has a high degree of formalization. Employees in Pioneer Systems are more likely to: Multiple Choice
g100num [7]

Answer:

The correct answer is letter "D": face morale and motivation problems.

Explanation:

A high degree of formalization will result in reduced creativity as workers are told to behave in a specific way. In such organizations, strategic decision-making often happens only when there is a problem. A highly formalized structure is usually related to reduced motivation and morale issues among employees.

8 0
3 years ago
Tonya operates a nail salon as a sole proprietorship. Tonya also owns and rents an apartment building. This year Tonya had the f
Gala2k [10]

Answer:

Tonya's AGI $70,335

Explanation:

Tonya's AGI:

Revenue from salon $215,900

Salaries paid to beauticians ($113,125)

Nail salon supplies ($58,500)

Salon's operating income $44,275

                   +

Interest income $28,138

                   +

Rental revenue from apartment building $78,050

Depreciation on apartment building ($32,250)

Real estate taxes paid on apartment building ($27,750)

Rental income $18,050

                    -

Alimony paid to her husband $15,000

                    -

Self-employment tax on salon income $3,128

                    -

Interest expense on education loan $2,000

                   =

Tonya's AGI $70,335

Real estate taxes paid on Tonya's house and charitable contributions are itemized deductions (below the line deductions).

3 0
3 years ago
The price elasticity of demand if the price of a pint falls from $8 to $6 is
melamori03 [73]
It means to say that the demand of the product is decreasing.  The relationship between the price and demand is one way. It means to say that if the price increases, the demand is higher. In this scenario, the price increases to avoid shortage on the product. If the price is decreasing, it means to say that the demand is decreasing and can possibly cause surplus on the said product. Lowering the price allows consumers to have higher purchasing power and enticing them to purchase such product.
6 0
3 years ago
The economy's self-correcting mechanism (market forces) a. tends to push unemployment toward a specific point called the natural
lisabon 2012 [21]

Answer:

b. works better at correcting inflationary gaps than recessionary gaps.

Explanation:

The self correcting mechanism is a automatic process in which the aggregate market eliminates an inflationary gap created by a short-run equilibrium that is greater than full employment through increases in wages and other resource prices.

8 0
3 years ago
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