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lana [24]
3 years ago
10

The exclusion of gain on the sale of a personal residence may be elected only by a taxpayer who has owned three or more residenc

es.
Business
1 answer:
marin [14]3 years ago
7 0

The exclusion of gain on the sale of a personal residence may be elected only by a taxpayer who has owned three or more residences if the tax payer uses the installment method to sale of property.

Explanation:

The present law provides the recognition of roll over and gain on the sale of tax payer. This rule is applied to the purchase price of the replacement residence that equals or exceeds the sale price of residence sold.

The bill has the benefits of exclusion for the individuals who receive compensation from U.S or other agency.  

The taxpayers exclude all the portion of gain from the involuntary conversion of principal residence if they had ownership and requirements.

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The private internet system that links government supercomputer centers and a select group of universities is called __________.
dlinn [17]
My best guess is "intranet" (NOT "internet").
8 0
4 years ago
You receive a part time job in which you are paid $10 per hour on weekdays and you receive $12 per hour
pantera1 [17]

Answer:

192.1

Explanation:

From monday and friday you earned 130$ because 6(10)+7(10)=130

Saturday you earned 96$ (12x8)

so adding those values you have 226$

you have to subtract 15% for tax.

So the equation would be

226 \times .15  = 33.9 \\ 226 - 33.9 = 192.1

4 0
2 years ago
Which term describes the purely competitive market structure where many buyers are trying to satisfy a similar need with uniquel
bonufazy [111]

Answer:

monopolistic competition                          

Explanation:

Monopolistic competition refers to the characteristic of a sector in which several companies offer similar but not flawless replacements for products. Barriers to entry as well as an exit in such a competitive monopoly sector are minimal, and any company's judgments have no direct impact on those of its rivals. Monopolistic competition is strongly linked to the mark distinguishing corporate strategy.

The monopolistic rivalry is a middle way among monopoly with perfect competition, mixing individual elements. Both companies have the same, comparatively low level of market dominance in monopolistic competitiveness; they are all value-makers. The demand is strongly elastic throughout the long run, implying it is vulnerable to price movements            

6 0
3 years ago
**Verifiability means that the accounting​ information:
Svetlanka [38]

Accounting information that has verifiability is one that D. must be capable of being checked for​ accuracy, completeness and reliability.

<h3>What is verifiability in accounting?</h3>

in accounting, data is considered to be verifiable if a third party can come up with the same information given the chance.

for this to happen, the data needs to be capable of being checked for completeness and reliability.

find out more on verifiability in accounting at brainly.com/question/17031030.

#spj1

7 0
2 years ago
Wal-Mart has a highly sophisticated system of recording data and being able to view results. For instance, Wal-Mart managers kno
ziro4ka [17]

Answer:

c. machines watching people

Explanation:

Machines watching people refers to a phenomena whereby via employment of specialized machinery, an organization is successfully able to observe the activities of it's customers and at the same time also track data relating to their identity and other credentials.

In the given case, the sophisticated system entails deciphering the customer shopping pattern and the merchandise sold during a period whereas the payment mechanism of cards also helps in tracing down the identity to ensure no unscrupulous person can go unnoticed.

Thus, it's a case of machines keeping a watch or surveillance on the customers and their identity.  

7 0
3 years ago
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