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frosja888 [35]
3 years ago
12

An individual client purchased his residence 5 years ago for $200,000. For 3 of the last 5 years, the client rented out the prop

erty for income, and lived in the house of 2 of those years. The client sells the house for $500,000. How much of the gain is taxable
Business
1 answer:
AlladinOne [14]3 years ago
7 0
Yes the answer is 500,000 dollrs
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Licensee Jim listed a property and Licensee Sally sold the property to her client. Jim and Sally work for the same brokerage. Th
erastova [34]

Answer:

c. In-house sale

Explanation:

Based on the information provided within the question it can be said that the type of sale is known as an In-house sale. This term refers to a sale where the listing broker also represents the buyer in the sale that is taking place. Which is exactly what is happening in this situation since both Jim and Sally work for the same brokerage.

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3 years ago
Both James and Thomas have theories that explain why listening to classical music while reading is associated with increased rec
Vlad [161]

Answer:

James's theory would be considered better because it is more parsimonious.

Explanation:

James and Thomas both created theories which explain why listening music helps to remember things. Both theories are similar, but James theory is simpler to understand, and it's old compared to Thomas's theory. That is why James theory will be considered original and way better because it is easier to understand, and it's more parsimonious

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3 years ago
A negotiable instrument can function as a substitute for cash.
andreyandreev [35.5K]

1.A negotiable instrument can function as a substitute for cash.- TRUE

2. a time draft is payable at a definite future time. TRUE

3. promissory note payable to "bearer" is not negotiable. - FALSE (It is negotiable)

4. A certificate of deposit is a type of note. - TRUE

5. A signature can consist of a word, mark, or symbol. - TRUE

6.An instrument that promises to pay "in gold" can be negotiable.- FALSE ( Anything payable in the form of a commodity like gold cannot be negotiable)


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3 years ago
Productive resources are _____.
igomit [66]

factors that are used to make goods and services letter a

7 0
4 years ago
Read 2 more answers
Material requirements plus an allowance for normal inefficiencies are added together to determine the.
gulaghasi [49]

Material requirements plus an allowance for normal inefficiencies are added together to determine the Quantity Standard of a direct material per unit of output.

<h3>What is direct material ?</h3>

The cost of direct materials, which may be easily recognised with the unit of production. In the manufacture of light bulbs, for example, the cost of glass is a direct material cost. Material was required as the primary component in the creation of items or goods.

Direct material refers to the physical components of a product. A baker's direct materials, for example, include flour, eggs, yeast, sugar, oil, and water. The direct materials concept is utilised in cost accounting, where this expense is categorised independently in various types of financial analysis.

Direct materials are those that are essential to the manufacturing process and can be traced back to the specific product manufactured.

To know more about direct material  follow the link:

brainly.com/question/26245657

#SPJ4

3 0
2 years ago
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