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IrinaK [193]
3 years ago
13

Ten years ago, Ginny inherited $50,000 from her grandmother. She decided to invest all of this money in GE stock. Suppose she de

cides to sell the stock today so she can purchase her first home. The sale price of the stock is $64,500. Calculate the size of Ginny's taxable capital gain.
Business
1 answer:
leva [86]3 years ago
8 0

Answer:

$14,500

Explanation:

The size of Ginny's taxable capital gain = $64,500 - $50,000 = $14,500

Note: Capital gains tax is a tax on the profit realized on the sale of a non-inventory asset.

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Which type of business ownership represents a hybrid between a partnership and corporation by allowing up to 100 shareholders wi
soldi70 [24.7K]

<u>Answer:</u>Option 2 limited liability partnership

<u>Explanation:</u>

Limited Liability partnership (LLP) is a hybrid between a corporation and partnership firm. LLP has more than one partner and some partners liabilities are limited as well as protected from other partner's liability. They also do not pay income taxes. The profits and deductions of the company are taken by the partners individually.

The LLP should have minimum two partners and maximum is not a limit. If there is any financial loss for the business it need not be borne by the partners.

7 0
3 years ago
Speech that is designed to move the listener to action or belief is _____. entertaining persuasive informative none of the above
horsena [70]

When the purpose of the communication is to the make the listener believes what the speaker says, the type of speech that would be most suitable is persuasive.

Thus, the answer to the question above is (B) persuasive, since the purpose of <em>entertaining speech</em> would be to create entertainment for the listeners while <em>informative speech’s</em> purpose would be to give information that the listeners do not yet know.

4 0
3 years ago
Read 2 more answers
Fixed costs including depreciation have increased at Leverage Inc., from $4 million to $5.3 million in an effort to reduce varia
Anna35 [415]

Answer:

VC% = 73.5%

The New variable cost percentage of sales = 73.5%

Explanation:

Given;

New Fixed cost = $5.3 million

Total cost = $20 million

Total variable cost = $20 - $5.3 = $14.7 million

Variable cost percent=(total variable cost/total cost)×100%

VC% = (14.7/20) × 100%

VC% = 73.5%

5 0
3 years ago
Read 2 more answers
Dan wants to create a report that contains all fields from a table. Which option on the create tab should he utilize?
puteri [66]

Answer:

Blank Report

Explanation:

4 0
3 years ago
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Blue Angel Investors has a success ratio of 10 % with its venture funding. Blue Angel requires a rate of return of 19.1 % for it
Talja [164]

Answer:

19.10%

Explanation:

The computation of annual percentage rate is shown below:-

Your loan rate states if one out of ten succeeds, after five years, so the nine failure will cover, and if the Blue Angel makes 10 loans of $168,000 each and needs a return of 19.1% on its portfolio of lending, then given amount will have to be accrued after five years.

= Value × (1 + interest rate)^number of years

= $168,000 × (1 + 0.191)^5

= $168,000 × 2.396397222

= $402,594.73

Now the annual percentage rate is

= (Future value  ÷ value)^1 ÷ number of years - 1

= ($402,594.73 ÷ $168,000)^1÷5 - 1

= 19.09999981

or

= 19.10%

3 0
3 years ago
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