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fredd [130]
3 years ago
12

In 2017, Blake purchased a new home. In addition to the purchase price of $200,000, he paid $700 in legal fees and $2,000 in rec

ording costs. In 2019, he added a deck at a cost of $5,000. Blake's basis in his home is:
Business
1 answer:
slavikrds [6]3 years ago
5 0

Answer:

$207,700

Explanation:

Blake's basis in his home in 2017 = purchase price + legal and administrative fees = $200,000 + ($700 + $2,000) = $202,700

Since the deck that Blake added to his home is considered an improvement that is permanent and increases the home's value, it will also increase the home's basis = $202,700 + $5,000 = $207,700

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Indicate how each of the following transactions affects U.S. exports, imports, and net exports.
Oxana [17]

Answer:

 export               import                net export  

1. increases         unchanged         increases

2. unchanged       increases             decreases

3.  unchanged       increases             decreases

4. unchanged       increases             decreases

5. increases         unchanged         increases

Explanation:

export would comprise of goods and services produced in the US that are been sold to foreign countries

Import would comprise of foreign produced goods and services that are been sold in the US

Net export would increase when export occurs and decrease when import occurs

Net export = exports – imports

When the French historian visits the US museum and the European family visits Disney,  they are enjoying US services, thus export increases and net export increases

The purchase of books from Cambridge in UK, Panasonic camera and the visit to Japan constitutes import. These increases import and reduces net export

7 0
2 years ago
Explain The Goal For Health/Fitness
vazorg [7]

Long-term: this is when you have a family and kids probably. You should still go on walks, hikes or runs. Stay in shape.

Mid-term: your about 25 ish during this time. You should still be very active while still in college or have a career already.

Short-term: you should still have a passion for a sport or hoppy. Stick to it. You may get a scholarship for that sport if your good

3 0
3 years ago
What is the approximate present value of $1 that will be paid to you in 3 years if the interest rate were 5 percent?
Stolb23 [73]

Answer:

The present value is $0.86.-

Explanation:

Giving the following information:

Future Value (FV)= $1

Number of periods (n)= 3 years

Interest rate (i)= 5% = 0.05

<u>To calculate the present value (PV), we need to use the following formula:</u>

PV= FV/(1+i)^n

PV= 1/(1.05^3)

PV= $0.8634

The present value is $0.86.-

3 0
3 years ago
Your local movie theater earns a total revenue of $40,000 per month when the price of a movie ticket is $8, and it earns a total
algol [13]

Answer:

Explanation:

Part One: Demand falls/ declines once the price of movie ticket increases.

Part Two: Demand declines also when the price of the local Internet Service provider increases.

Part Three: Demand declines when the price of cappuccino increases

5 0
2 years ago
Read 2 more answers
For what client would the administration of an epidural block be most appropriate. What procedure is this client most likely to
Mama L [17]

A client who is employed in the second stage

Explanation:

A second phase consumer who is working. The nerve block is a means of applying anaesthesia at a certain stage along the nerves to and from the region under which pain or muscle weakness is desired. There can be different types of nerve blocks.

Epidural anaesthesia throughout the space in which the nerves arise from the spinal cord is also an injection of this drug. During work and delivery, its use is common. The function of the brain requires anaesthesia in general.

The correct humerus will not be decreased by local aesthetics and the orthopaedic operation would not be done by means of a epidural. The injection for penetration is typically anaesthetised.

8 0
3 years ago
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