Question Completion:
Choices: a. No tax liability on the sale b. $2,000,000 of tax c. $2,960,000 of tax d. $2,100,000 of tax
Answer:
b. $2,000,000 of tax for individuals
Explanation:
Long-term capital gains tax is a tax on profits from the sale of an asset which an investor has held for more than a year. The approved long-term capital gains tax rates are 0%, 15% or 20% depending on your taxable income bracket and whether you are filing as a single or jointly as married. But, an important point to note is that long-term capital gains tax rates are generally lower than short-term capital gains tax rates, thus encouraging investors to hold assets for a longer time. Short-term capital gains tax rates are the rates applicable to the normal individual income tax brackets.
Answer:
Total return = 14.94%
Explanation:
Options are <em>"14.17%
, 13.40%
, 14.94%, 11.43%, 3.50%"</em>
End price = $59.46
Beginning price = $53.36
Dividend = $1.87
Total return = (End price - Beginning price + Dividends) / Beginning price
Total return = ($59.46 - $53.36 + $1.87) / $53.36
Total return = $7.97 / $53.36
Total return = 0.1493628185907046
Total return = 14.94%
i am sorry but i see free points
Answer:
D. An increase in the price of a substitute
Explanation:
<h2>Law of Demand</h2>
The law of demand states that as the price of a product of good <u>rises</u>, the <em>quantity demanded </em>for that good or product <u>falls</u>; conversely, if the price of a product or good <u>falls</u>, then the <em>quantity demanded</em> for that good <u>rises</u>.
Given the inverse relationship between the price of a good and the quantity demanded for that good, then its graph will show a <em>downward-sloping</em> demand curve.
A <u>change in demand</u> represents the leftward- or rightward-shift of the entire demand curve. This may be caused by the following factors:
- Changes in the income of buyers
- Changes in consumers' preferences,
- A change in the price of related goods (<em>substitutes</em> and <em>complements</em>),
- Number of buyers within a market, and
- The buyers' expectation on the future prices of goods.
<h3>Types of Related Goods: </h3>
<u>Substitutes</u>: two similar goods that fulfill about the same needs or wants of the buyers.
Examples of substitute goods: Coca-Cola and Pepsi, butter and margarine.
<u>Complements</u>: these are two goods that are consumed together. When the price of one good goes up, the demand for the complement good declines.
Examples of complements: Tennis racket and tennis ball, ink cartridge and printers.
<h2>Answer:</h2><h3><u>Substitute goods:</u></h3>
If the price of one good rises, then the buyers will demand more of the substitute good with a lower price. This causes a rightward-shift on the demand curve of that substitute good.
This description matches <u>Option D</u>: an increase in the price of a substitute.
Answer:
WoodCore Inc. is involved in exporting.
Explanation:
Exporting is the act of producing a good in the home country, and selling the product abroad.
WoodCore Inc. is involved in exporting because, as an American company, it finishes its products in the United States, but ships a part of the production for sale in Europe.
If instead, it obtained the finished goods from Europe, and sold them in the United States, WoodCore Inc. would be involved in importing.
