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m_a_m_a [10]
3 years ago
12

Tax that you pay when making a profit from selling a house is an example of

Business
2 answers:
vovikov84 [41]3 years ago
8 0
The tax you pay when making a profit from selling a house is an example of Capital Gains Tax because you are selling it for more than what you paid for it. Capital Gains Tax is defined as a tax on a profit from the sale of property or a investment. 
zloy xaker [14]3 years ago
8 0

Answer:

Capital Gains Tax is the correct answer.

Explanation:

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On January 2, 2013, Gant Co. purchased a franchise with a useful life of five years for $60,000 and an annual fee of 1% of franc
inysia [295]

Answer:

$48,000

Explanation:

The computation of the amount that should be reported as the intangible asset franchise is shown below

= Purchase value of franchise - amortization per year

= $60,000 - ($60,000 ÷ 5 years)

= $60,000 - $12,000

= $48,000

hence, the  amount that should be reported as the intangible asset franchise is $48,000

6 0
3 years ago
How does the FDIC monitor banks?
Lynna [10]

FDIC monitor banks by analyzing Call Report data and examination findings relative to the emerging trends.

The FDIC monitor banks to ensure that they are operating within the bounds of the law and are not engaging in any illegal or unsafe practices. They also work to ensure that banks are providing customers with the best possible service and are protecting their deposits

If the FDIC finds that a bank is not meeting these standards, they will take action to correct the situation. As a result, the FDIC has a better understanding of the risks that banks face and is better equipped to protect consumers from financial fraud.

To know more about banks, click here.

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7 0
1 year ago
XYZ​ firm, the leading producer of leather goods in its country is planning to expand its business. Industry experts identify As
melisa1 [442]

The correct answer would be option D, India has high import tariffs.

Mark feels that Darren is too optimistic and that this venture may not turn out to be as profitable as Darren expects it to be. Darren's view is based on the assumption that India has high import tariffs.

Explanation:

When companies import or export products in or out of the country, they are usually charged with a duty which they have to pay on the import or export of the products. This is called as the Tariff.

While considering the export of a product to another country, the import tariffs of that other country has a pretty much impact on the profits of that company's Sales. Higher the tariffs, lower the profits and vice versa.

So when Mark wanted to export his product to India, Darren was with the view that India has high import tariffs which will restrict them to have huge profits of exporting their product.

Learn more about import export tariffs at:

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7 0
4 years ago
Read the scenario and answer the question that follows: rochelle sets the goal, "to increase my business writing grade from a 45
Margarita [4]
Rochelle sets the​ goal, "To increase my Business Writing grade from a 45 to a 95 in the next two​ weeks, I will study six hours a day and submit four drafts of the next assignment for​ feedback." 
How should Rochelle change her goal to make it more​ effective?

make it more realistic

5 0
3 years ago
In a market economy, buying decision are made by consumer
stiv31 [10]

Answer:

customers

Explanation:

they are the one who buys products that factories make

5 0
3 years ago
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