Answer:
An Index is used to identify references, key words or paragraphs, abstracts so also articles from different sources.
Answer:
$48,200
Explanation:
Given:
Selling price of home = $140,000
Acquisition price = $45,000
Closing cost = $2,000
Cost of fireplace and family room = $35,000
Real estate commission = 0.07 × 140,000 = $9,800
Total adjusted basis = 45,000 + 2,000 + 35,000 + 9,800
= $91,800
Taxable gain = Selling price - adjusted basis
= 140,000 - 91,800
= $48,200
Answer:
It would fall
Explanation:
The unemployment rate measures the amount of people who are out of a job for at least 4 weeks, and are actively seeking to find a new job. If a person is not willing or able to search for a job, he/she is not considered unemployed nor part of the labor force.
If unemployed people just quit looking for jobs, the unemployment will decrease even though the number of people who are out a job increases. This happens because as soon as someone quits looking for new job, they are not considered unemployed anymore.
Answer:
Net Pay $3094.10 is the answer.
Explanation:
Gross pay $4600
Less: Social Security (4600*6.2%) 285.20
Less: FICA (4600*1.45%) 66.70
Less: Federal tax withheld 644
Less: contribution for health insurance 50
Less: contribution for retirement plan (4600*10%) 460
Net Pay $3094.10
Answer:
INCREASE IN AVERAGE INVENTORY VALUE REQUIRED = $2.25 million
Explanation:
Inventory turnover will be determined as :
Inventory turnover = Annual sales ( at cost ) / Inventory value
Annual sales this year = $72million
Inventory turnover = 8 times
Therefore , Inventory value of current year = $72/8 =$ 9 MILLION
If annual sales ( at cost ) increases by 25%, Inventory value also has to increase by 25% to maintain the same inventory turnover ratio next year
Therefore , increase in average inventory value required = 25% of $9 million = $2.25 million
INCREASE IN AVERAGE INVENTORY VALUE REQUIRED = $2.25 million
