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defon
3 years ago
12

Carlos bought a building for $113,000 in 2012. he added an addition to the building for $26,000. in 2016, he sold it for $212,00

0. what was his long-term capital gain (ignore depreciation)?
a. $47,000

b. $212,000

c. $73,000

d. $0

e. $99,000
Business
1 answer:
rodikova [14]3 years ago
4 0
You got to add building cost with your additional money: 113,000 + 26,000 = 139,000. Then the difference between the selling price and the "final" cost of your building equals your capital gain: 212,000 - 139,000 = 73,000 Capital Gain. So it's C! (---HINT---: Remember that this is calculated theoretically, but practically you need a calculate the appreciation or depreciation of the property!)




I hope it helped you!
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The cost of producing a good and getting it to the customers is called the _____ .
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It is called the marginal cost
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3 years ago
Kahneman and Tversky used experiments to examine how people actually make decisions about risk. The researchers found a multi-st
blsea [12.9K]

Answer:

prospect theory is the correct answer.

Explanation:

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  • Prospect theory is also termed as loss aversion theory.
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3 years ago
Butler Corporation is considering the purchase of new equipment costing $78,000. The projected annual after-tax net income from
True [87]

Answer:

-$7,621

Explanation:

Calculation to determine the net present value of the machine

Using this formula

Net present value of the machine=(Net cash flow *present value of an annuity at 11%)- Amount invested

Let plug in the formula

Net present value of the machine=($2,800+$26000*2.4437)-$78,000

Net present value of the machine=($28,800*2.4437)-78,000

Net present value of the machine=$70,379-$78,000

Net present value of the machine=-$7,621

Therefore the Net present value of the machine is -$7,621

5 0
3 years ago
Explain why the demand for a particular brand of apple juice is elastic.
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Hoi Chong Transport, Ltd., operates a fleet of delivery trucks in Singapore. The company has determined that if a truck is drive
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Explanation:

The computation of the fixed cost and the variable cost per hour by using high low method is shown below:

Variable cost per hour = (High Operating cost - low operating cost) ÷ (High driven in kilometers - Low driven in kilometers)

where,

High operating cost = 114,000 km × 12.7%

= $14,478

Low operating cost = 76,000 km  × 14.8%

= $11,248

So,

= ($14,478 - $11,248) ÷ (114,000 km - 76,000 km)

= $3,230 ÷ 38,000 km

= $0.085 per km

Now the fixed cost equal to

= High operating cost - (High driven in kilometers × Variable cost per km)

= $14,478 - (114,000 km × $0.085)

= $14,478 - $9,690

= $4,7882

2. The equation is as follows

Y = a + bx

So,

Total cost = $4,788 + 0.085X

3.

Y = a + bx

   = $4,788 + 0.085 × 95,000

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   = $12,863

5 0
3 years ago
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