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3 years ago

What is the tax that you pay when making a profit from selling a house

1 answer:

6 0

If you owned and lived in the place for two of the five years before the sale, than up to $250,000 of profit is tax free.

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You work for a Public Relations Consultancy that has been approached by the German company DHL to assist with their Public Relat

aliina [53]

The advantages for why DHL would make use of a local South African consultancy instead of their own PR department to help promote their new Veldskoen shoe collection is because:

The Local consultancy know more and can access a wider range of talent pool in regards to the collection
They will also have higher range of Experience as they are locally inclined and know more about the needs of the people there.
It will help give a Fresh Perspectives to the product that is been introduce into the S.A. market
There will be no Language Barriers when communicating the product to the people.
It will help tp Uncomplicate some processes that may arise due to the use of Foreign PR.

<h3>What does it mean to work local consultancy ?</h3>

When you work with a local consultancy, it means that you are using the local police, or firm to aid the sales of your product or services.

Note that the use of , local consultancy will help get your product faster to the people as they know more about the market than foreign PR department.

Learn more about consultancy from

brainly.com/question/26417203

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3 years ago

What is the last step in planning your budget?

Klio2033 [76]

Review and revisions

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3 years ago

Have a happy day and hows is your day

mestny [16]

Answer:

my day is good and i hope you have a good day as well

Explanation:

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3 years ago

During the late 1990s, a lot of big animation companies started to move away from the traditional hand-drawn animation and towar

malfutka [58]

Answer:

Structural unemployment

Explanation:

Structural unemployment is the type that occurs as a result of changes in an industry that results in a mismatch between the job requirements and the skills the workers have to offer.

In the given scenario big animation companies started to move away from the traditional hand-drawn animation and towards computer animation.

So workers that were skilled in traditional hand drawing and who did not know how to do computer animation were now redundant.

This resulted in the mass lay offs. It is an example of structural unemployment

4 0

3 years ago

On January 1, Sharp Company purchased $50,000 of Sox Company 6% bonds, at a time when the market rate was 5%. The bonds mature o

lana [24]

The journal entries to record the transactions for Sharp Company are as follows:

a) January 1, 2020:

Debit Bonds Receivable $50,000

Debit Bonds Premium $2,165

Credit Cash $52,165

To record the purchase of the debt investment.

b) December 31, 2020:

Debit Cash $3,000

Credit Interest Revenue $2,608

Credit Bonds Premium Amortization $392

To record the receipt of interest.

c) December 31, 2020:

Debit Fair Value Loss $1,000

Credit Bonds Receivable $1,000

To adjust the investment to fair value.

<h3>What is a bond's premium?</h3>

The bonds premium, in this case, refers to the excess cash that Sharp Company paid for the purchase of the bonds when the effective market rate is 5% with a coupon rate of 6%.

The implication is that Sharp Company paid more for the bonds than the market value.

<h3>Data and Calculations:</h3>

Purchase of Sox Bonds = $50,000

PV = $52,165

Premium on bonds = $2,165

Interest rate = 6%

Market rate = 5%

Maturity period = 5 years

Interest payment = annually on December 31

<h3>Transaction Analysis:</h3>

a) January 1, 2020: Bonds Receivable $50,000 Bonds Premium $2,165 Cash $52,165

b) December 31, 2020: Cash $3,000 Interest Revenue $2,608 Bonds Premium Amortization $392

c) December 31, 2020: Fair Value Adjustment $1,000 Bonds Receivable $1,000

Learn more about the amortization of bonds premium at brainly.com/question/25652725

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2 years ago