1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Zina [86]
4 years ago
5

Jill bought a house 3 years ago and paid $175,000 for it and spent $7,000 in closing costs. Since, then she has made several imp

rovements to the property for $75,000. Jills boss promoted her to VP of Market 5 and she had to relocate. She sold her house for $375,000 with $30,000 in selling costs. She bought a new house for $290,000. What is the capital gain on the sale of her original home?
Business
1 answer:
Anna71 [15]4 years ago
5 0

Answer:

$88,000

Explanation:

Jill's original house value = $175,000 house cost + $7,000 closing costs + $75,000 improvements = $257,000

Jill's revenue from house sale = $375,000 selling price - $30,000 sale cost

                                                  = $345,000

Jill's capital gain = $345,000 sales revenue - $257,000 house original value

                           = $88,000

You might be interested in
One implication of the bird-in-the-hand theory of dividends is that a given reduction in dividend yield must be offset by a more
Bezzdna [24]

Answer:

False ANSWER: True o One implication of the bird-in-the-hand theory of dividends is that a given reduction in dividend yield must be ...

Explanation:

follow mw

7 0
3 years ago
How might an interactive leader like Mary Barra communicate a policy change that impacts all GM employees from executive-level m
Andrej [43]

Answer:

b. Create task forces at different levels of the organization that communicate the benefits of the policy change

c. Hold a series of town hall meetings to discuss the policy change and listen to employee concerns

d. Hold informal meetings with key managers, department heads, and staff employees to discuss the policy change to develop best practices for communicating the change to other employees

Explanation:

An Interactive leader is a leader who seeks the opinion of his or her followers regarding issues in order to achieve a desired goal.

Mary Barra can communicate a policy change that impacts all GM employees from executive-level managers to assembly line workers by creating task forces at different levels of the organization that communicate the benefits of the policy change. This will help in passing the message across to the workers effectively and quicker.

Holding a series of town hall meetings to discuss the policy change and listen to employee concerns is also vital as the purpose of the policy change can be discussed and the opinions of other with regards to the change can be known.

Lastly, holding of informal meetings with managers, department heads, and staff employees is also essential so that the information can be passed across to the employees in each department and the workers all work towards achieving a common goal.

7 0
3 years ago
Becoming a manager meams
Lesechka [4]

Answer:

The statement is: True.

Explanation:

Being a manager implies handling groups of people with diverse cultures, experiences, and personalities. To perform a proficient work, executives should have a well-defined method of working but be able to adapt it according to their subordinates and the situation the firm is facing. In some cases, their ego will have to be left behind to reach the company's goals.

5 0
3 years ago
Crich Corporation uses direct labor-hours in its predetermined overhead rate. At the beginning of the year, the estimated direct
Rama09 [41]

Answer:

$1,524 underapplied

Explanation:

Predetermined overhead rate = Estimated Manufacturing Overhead ÷ Estimated Activity.

                                                  = $560,324 ÷ 22,060

                                                  = $25.40

Applied Overheads = Predetermined overhead rate × Actual Activity

                                 = $25.40 × 22,000

                                = $558,800

<em>Where,</em>

Actual Overheads are  $560,324 (given)

<em>Conditions :</em>

If Actual Overheads > Applied Overheads, we say overheads are under-applied and if Actual Overheads < Applied Overheads, we say that overheads are over-applied.

<em>Therefore ,</em>

In our case, Actual Overheads : $560,324 > Applied Overheads : $558,800. Overheads have been under-applied by $1,524 ($560,324 - $558,800).

8 0
3 years ago
The four career pathways in finance are?
kondaur [170]

The four career pathways in the finance cluster are banking and related services, business financial management, financial and investment planning, and insurance services.

3 0
3 years ago
Other questions:
  • Elvira is using the rational model of decision making. the alternative that she chose and implemented does not appear to be work
    12·1 answer
  • Q 8.8: What is the effect of the collection of an account that had been previously written off under the allowance method of acc
    7·1 answer
  • What do the indicators used by economists reveal about the economy?
    14·2 answers
  • The state of competition is an industry, according to porter, depends on ______ basic forces.
    5·1 answer
  • Transcript Company is preparing a cash budget for February. The company has $150,000 cash at the beginning of February and antic
    6·1 answer
  • What are the primary competitive forces impacting U.S. steel producers in general and the producers like Nucor that make new ste
    7·2 answers
  • As the assistant to the CFO of Johnstone Inc., you must estimate its cost of common equity. You have been provided with the foll
    9·1 answer
  • Suppose the government in this economy decides to decrease government purchases by $300 billion. The decrease in government purc
    9·1 answer
  • Is gender pay gap logical ? If so, kindly explain. <br> Thanks.
    8·1 answer
  • The following table shows a portion of a three-year amortization schedule. A 3-year amortization schedule. The loan amount or pr
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!