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Nataly_w [17]
4 years ago
12

Alison Jacobs (single) purchased a home in Las Vegas. Nevada for $400,000. She moved into the home on September 1, year O. She l

ived in the home as her primary residence until July 1 of year 4 when she sold the home for $675.000. If Alison's tax rate for long term capital gain is 15 what amount of tax will Alison pay on the $275,000 gain?
Business
1 answer:
Mrac [35]4 years ago
3 0

Answer:

$3,750

Explanation:

Capital Gain tax is paid on the sale property value. According to tax rule if you sale your residence building the first $250,000 is exempt from the tax and the amount above this value will be taxed using rate of 15%.

Total Amount of Gain = $275,000

Amount Exempted = $250,000

Taxable value = $275,000 - $250,000 = $25,000

Tax value = $25,000 x 15%= $3,750

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Johnson Enterprises uses a computer to handle its sales invoices. Lately, business has been so good that it takes an extra 3 hou
Ganezh [65]

Answer:

The current machine should be replaced as doing that brings $6000 in benefits as shown below.

Explanation:

In order to determine which of the two options between replacing the old machine and acquiring new machine is more viable it would be appropriate to carry out an incremental cost/benefits analysis of both options:

                                                Old machine New machine  Difference

                                                     A                     B                    A-B

Operating annual costs          $125,000*      $100,000**     $25,000

New machine costs                  $0                    $25,000        -$25,000

salvage value                                                   ($,6000)            $6000

Total costs                                $125,000        $119,000            $6,000                                    

*The old machine has $125,000 ($25,000*5) estimated operating costs for five years.

**The new machine has $$100,000($20,000*5) estimated operating costs for five years

The cost of price of the old asset is not relevant as it is a sunk cost.

3 0
3 years ago
Sumitomo Bank's risk manager has estimated that its DEAR of two of its major assets in its trading portfolio, foreign exchange a
Andre45 [30]

Answer:

-$380,789

Explanation:

Dear Portfolio = [(1,50,000)2 + (2,50,000)2 + 2(0.8)(1,50,000) ( 2,50,000)]0.5

= [$22500000000 + $62500000000 + $60000000000]0.5

= ($145000000000)0.5

= $380,789

4 0
3 years ago
A ___________ is a group of people who share a common set of interests because they perceive a common problem
Sindrei [870]

Answer:

community

Explanation:

the only word I can think of is community I hope that helps slightly

4 0
3 years ago
Which managers – top managers, middle managers or first-line managers – would make companywide decisions about energy use? How m
VladimirAG [237]

Answer:

The question is incomplete, it is missing the article about clean energy cars.

The article is about cars that run on compressed natural gas (CNG) instead of regular gasoline or even electric or hybrid models. The advantage of using CNG is that it is clean, its emissions rate is practically zero and most importantly, natural gas is extremely abundant in the US (shale gas).

Now, back to the questions:

Which managers – top managers, middle managers or first-line managers – would make companywide decisions about energy use?

Top managers are responsible for making companywide decisions about energy use. E.g. top management of several technological firms have decided to make their buildings and installations greener or more energy efficient. Generally when a new energy source is being used for the first time, a company must make large investments. This is why top management must decide about changes in energy use.

How might the new workplace enable all managers to capitalize on the Great Shale Gas Rush?

The use of CNG is not only good for businesses, but it is also good for the citizens and the US as a whole. Currently the US has almost balanced it exports and imports of petroleum, but it would benefit everyone if the balance would be positive. This means that the less oil imported, the better.  

If we look at specific businesses, changing from gasoline (or even diesel) to CNG is not only greener, but it is also cheaper. The problem with electric and hybrid cars is that they are extremely expensive, and it is really hard to offset their cost against regular gasoline cars. On the other hand, cars that run on CNG cost almost the same and are extremely cheap to use. CNG is much cheaper than gasoline plus you have the advantage of not needing to import oil or gasoline.

Currently, I'm not sure if there is any CNG car available for households since the Honda Civic that runs on it was discontinued, but businesses can still purchase fleet trucks and vans that run on CNG. If you analyze CNG vs gasoline or electric vehicles, CNG cars are much cheaper, efficient and greener (the Civic was greener than electric cars). It is a win-win situation, the company wins, the environment wins, the economy wins and the country wins, only foreign oil exporting countries lose.

5 0
4 years ago
Assume that a stock is expected to pay dividends at the end of Year 1 and Year 2 of $1.25 and $1.56, respectively. Dividends are
Setler [38]

Answer:

C. $24.55

Explanation:

Calculation to determine what the value of the stock is closest to:

Value of the stock =($1.25 / 1.11) + [1.56/ (0.11 -0.05)] / 1.11

Value of the stock =[1.126126+(1.56/0.06)]/1.11

Value of the stock = $24.55.

Therefore the value of the stock is closest to:$24.55

4 0
3 years ago
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