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Dominik [7]
3 years ago
14

Susan bought some land. She sold it for $3,000 more than she paid for it. The $3,000 is an example of _____.

Business
1 answer:
JulsSmile [24]3 years ago
8 0

Answer:

-capital gains

Explanation:

Capital gain is a rise in the value of a capital asset (investment or real estate) that gives it a higher worth than the purchase price. The gain is not realized until the asset is sold. A capital gain may be short-term (one year or less) or long-term (more than one year) and must be claimed on income taxes.

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Buying the beneficiary position on a life insurance policy of someone who is dying
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Buying the beneficiary position on a life insurance policy of someone who is dying is referred to as <u>Viatical Settlement</u>

Explanation:

  • <u>Viatical settlement</u> refers to the sale of a life insurance policy by the owner to a third party for a amount which is more than its surrender value but less than its net death benefit.
  • Viatical settlement provides the policy owner with a lump some amount of money.
  • The <u>viatical settlement </u>is tax-free as per the Health Insurance Portability and Accountability Act (HIPAA) 1996

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3 years ago
Armstrong is a well-known producer and seller of rose bushes. The company's marketing manager is interested in knowing what gard
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Answer:

An example of primary data that Armstrong could use in this research project is:

d. Discussions among focus groups made up of small number of gardeners led by an interviewer.

Explanation:

Primary data is directly collected by the researcher.  It is the opposite of secondary data, which is data collected from primary sources and made available for use in a research.  Primary data is first-hand information collected during a research project.  Focusing on the discussions by gardeners will enable Armstrong to assess their perceptions about rose as a high-maintenance plant.

7 0
2 years ago
The price of a basket of goods is $2000 in the U.S. If purchasing power parity holds, and the dollar buys two units of some coun
Eva8 [605]

Answer:

4000

Explanation:

Calculation to determine how many units of foreign currency does the same basket of goods cost in that country

Based on the information given we were told that the PRICE OF A BASKET OF GOODS is the amount of $2000 in which the dollar buys TWO UNITS of some country’s currency, now let determine HOW MANY UNITS of foreign currency does the same basket of goods cost in that country

Using this formula

Units of foreign currency=Basket of goods price*Some country’s currency units

Let plug in the formula

Units of foreign currency=$2,000* 2 units

Units of foreign currency=4,000 units

Therefore the number of units of foreign currency that the same basket of goods cost in that country is 4,000

The price of a basket of goods is $2000 in the U.S. If purchasing power parity holds, and the dollar buys two units of some country’s currency, then how many units of foreign currency does

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2 years ago
The primary goal of the consumer financial protection bureau is
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2 years ago
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The role of a _____ is to provide direction and funding for a project.
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