1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
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!
You might be interested in
You have been asked to assist a retail company. It sells clothing and would like to have a Point of Sale computer installed to h
IrinaVladis [17]
Don’t take my word for it but I think is the D
5 0
3 years ago
jorge has a new job in an office. which of the following safety procedures will he most likely need to learn? a. how to handle b
maria [59]
B, how to exit safely in the event of a fire.
7 0
4 years ago
Information related to Kerber Co. is presented below.
yKpoI14uk [10]

Answer:

Date        Account titles & Explanation           Debit         Credit

Apr-05    Merchandise Inventory                    $23,000

                       Accounts Payable                                        $23,000

Apr-06    Merchandise Inventory                    $900

                       Cash                                                              $900

Apr-07     Equipment                                        $26,000

                       Accounts Payable                                       $26,000

Apr-08    Accounts Payable                             $3,000

                        Merchandise Inventory                              $3,000

Apr-15     Accounts Payable                            $20,000

               ($23,000-$20,000)

                     Merchandise Inventory                                 $400

                     ($20,000*2%)

                     Cash                                                                $19.600

7 0
3 years ago
What do you understand by forester?​
FromTheMoon [43]
That he will forever stay by the position
6 0
2 years ago
Sandy is a personal financial planner at Pro-Future, Inc. Pro-Future is a financial company that focuses on personal and busines
amid [387]

Answer:

d. The higher the risk, the lower the possible investment.

Explanation:

With regards to speculation, hazard can be characterized as the changeability of return. the contrast between real result and expected result can be called as hazard. In the given model, Sandy think about that there is a positive connection between the likelihood of hazard and returns. for example on the off chance that there is high hazard, the likelihood of getting returns is high. in the event that there is less hazard, the likelihood of getting returns is low.  

Right now, likes to go with if the higher the hazard, the lower the potential ventures, in light of the fact that the inconstancy of profits is high. Means the financial specialist could conceivably get the profits, consequently they may like to go with certain and ensured returns than dubious more significant yields. In the region of ventures it is a typical inquiry to all, some may go with higher the hazard the lower the conceivable speculation.  

Henceforth, the appropriate response is option D.  

In the event that an announcement is there that the higher the hazard, the bigger the potential returns, it doesn't imply that the speculator gets more significant yields with his ventures. the odds are there to get more significant yields simultaneously there are a few issues moreover.

8 0
3 years ago
Other questions:
  • In a CBA, if the benefits of a control outweigh the costs of implementing that control, then the control can be implemented to r
    8·1 answer
  • In an effort to yield a high percentage of transformed bacteria, you may choose to utilize electroporation to increase the proba
    15·1 answer
  • The basis of accounting used by not-for-profit organizations in their external financial reports is
    13·1 answer
  • Emily purchased a building to store inventory for her business. The purchase price was $760,000. Emily also paid legal fees of $
    15·1 answer
  • Relaxant Inc. operates as a partnership. Now the partners have decided to convert the business into a corporation. Which of the
    8·1 answer
  • If the age distribution of customers at a major retail chain is thought to be bell-shaped with a mean equal to 43 years and a st
    8·1 answer
  • What information is needed to create a monthly budget
    14·1 answer
  • An oligopoly differs from a monopoly in that an oligopolist:
    15·1 answer
  • A not-for-profit firm uses a small convenience sample to gather data on customer reactions. It invites a small group of customer
    5·1 answer
  • Like personal selling, direct marketing makes use of blank______ communication, allowing the seller to adapt messages according
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!