Answer: Sales promotion
Explanation: Sales promotions targeted at retailers and wholesale are called trade sales promotions. i think its right
The rate of return on an investment is the investors gain or loss on the investment over a period of time.
Answer:
Line of credit
Explanation:
Line of credit ( LOC )-
It is the monetary value , which the bank or any credit union agrees to lend , with a predefined limit , from which the person can use the amount and then the interest is paid for the amount the person has borrowed , is known as line of credit .
In the case of LOC , a maximum limit , the interest rate and the time to repay back the amount with some minimum payments is defined beforehand .
Answer:
a. Gordon made a gift when the real estate was purchased of <u>$450,000</u> to Fawn.
Since Gordon gave 50% of the real estate to his sister as a gift when he purchased it, the gift must be valued at the time it happened ($900,000 x 50%)
b. Gordon's estate must include <u>$2,900,000</u> as to the property.
Gordon purchased all the real estate by himself, so his estate must include the value of the whole property.
c. How would the estate tax consequences change if it was Fawn (not Gordon) who died?
Fawn's estate would include <u>$0</u> as to the property.
Since Fawn didn't buy the property, her estate cannot include any amount of it.
