Answer:
her recognized gain on the sale of her old principal residence is $193,000 and her basis in the inherited home is $600,000.
Explanation:
Recognized gain on sale of old house
= ($600,000 - $125000) - $30,000 - $2000
= $443,000
Paula's recognized gain = $443,000 - $250,000
= $193,000
Her basis in the inherited home = $500,000 + $100,000
= $600,000
Therefore, her recognized gain on the sale of her old principal residence is $193,000 and her basis in the inherited home is $600,000.
Answer:
The public debt as a percentage of GDP in the United States, reached its lowest point in recent decades, in 2001, when it represented 54.9% of GDP.
After that year, this indicator began to increase, at first slowly, and from 2007 on very rapidly, propelled in part by the financial crisis. In 2010, the public debt as percentage of GDP was 89.3%.
You are charged an early termination fee.
Explanation:
When you sign a contract you will have to see if y<u>ou are viable to pay an early termination fee in case you decide to terminate a contract</u> in between and if so how much it will cost to do so.
<u>There are no other legal obligations in place usually unless directly specified in the service contract. </u>
Usually the fee is to cover for the cost procured or that will be procured on securing newer services in the face of the termination.
The barrier to entry that the firms in these types of industries have erected is referred to as <u>"product differentiation".</u>
Product differentiation is a promoting procedure that features the contrasts between items. Separation hopes to make an item more alluring by standing out its one of a kind characteristics from other contending items. Successful product differentiation makes an upper hand for the item's seller, as clients see these items as being extraordinary or predominant.
Product differentiation can be as straightforward as bundling the products inventively, or as detailed as joining new utilitarian highlights.