Answer:
The correct answer is "$8630".
Explanation:
Given:
Residence purchased,
= $400,000
Residence sold,
= $460,000
Alan qualifies,
=
=
= ($)
hence,
The gain will be:
=
= ($)
Answer:
$1,860,762.35
Explanation:
The computation of the number of shares need to be sold is shown below:
= Raise amount ÷ received per share
where,
Amount received by company per share = Price per share in case of general cash offer - Underwriter's commission per share
= $28.30 - $28.30 × 6%
= $28.30 - $1.698
= $26.602
So, the number of shares sold is
= $49,500,000 ÷ $26.602
= $1,860,762.35
Answer: See Explanation
Explanation:
Your question isn't complete but let me help out. Let's assume that Scalpers bought the tickets for $90 each. To find profit, the formula to use is:
= Total revenue - Total cost
Total revenue will be:
= 8000 × $100
= $800,000
Total cost will be:
= 8000 × $90
= $720,000
Profit = Total Revenue - Total cost
= $800,000 - $720,000
= $80,000
Therefore, profit will be $80,000.
Answer:
Since Karen is a minor, she can receive up to $950 in unearned income per year without paying taxes or having to file a tax return.
Since she receives a larger amount $2,500 - $950 = $1,550, she must pay taxes for the extra amount depending on which type of account her parents opened for her.
- Karen's parents probably opened a 529 Education Savings Plan, and if that is the case, she doesn't need to pay any federal taxes.
- If Karen's parents opened her a custodial account, then she will have to pay taxes for the $1,550 above the $950 threshold. Minors are responsible for filing their own taxes or their parents can file taxes for them. If either Karen or her parents pay taxes, they should pay = $1,550 x 10% = $155
Answer:
charge the broker with discrimination with no further evidence
Explanation:
It is mandatory for a broker who markets dwelling for rent or sale to display fair housing poster in his or her office or at any dwelling meant for rent or sale. This is according to the Department of Housing and Urban development (HUD) that brokers who market dwelling should display such where they can be easily seen by persons who need the service of the broker to list or locate a dwelling or purchase same in a residential area.
The fair housing poster gives assurance to intending clients that the broker do not engage in any unlawful discriminatory services he offers. However, where a broker fails to paste the fair housing poster, he will not be subjected to any penalty but may be charged with discrimination by the federal fair housing investigator.