Answer:
Jonas must recognize a long term capital gain = $680,000 - $500,000 = $180,000
Since this gain is originated from the sale of a property, it will be considered a capital gain. If the property was held for less than a year before it was sold it would be considered a short term capital gain, but in this case the property was held for 9 nines, therefore, it is considered a long term capital gain.
Answer:
74,000 ounces
Explanation:
Eve cosmetics is using cost accounting methods to identify the ounces it produces during a period. Work in process are the units which are partially completed during the period. Completed units include the finished goods units. To calculate ounces started and completed during the period we minus beginning work in process from the ounces completed by Filling department.
89,700 ounces - 15,700 ounces = 74,000 ounces.
Answer:
After tax price paid by consumers
Supply function n terms of price;
P = Q / 20
P = 0.05Q
Add the tax;
P = 0.05Q + 4
Demand function in terms of price is;
Q = 360 – 10P
P = (Q - 360) / -10
Price will be;
Demand = Supply
(Q - 360) / -10 = 0.05Q + 4
36 - 0.1Q = 0.05Q + 4
0.15Q = 32
Q = 213
After tax price = 36 - 0.1Q
= 36 - 0.1 * (213)
= $14.70
Gross price for ticket sellers is;
= Price - tax
= 14.7 - 4
= $10.70
Consumer and Producer tax burden.
Without tax, price is;
36 - 0.1Q = 0.05Q
0.15Q = 36
Q = 240
P = 36 - 0.1 * 240
= $12
Consumer tax burden = 14.70 - 12 = $2.70
Producer tax burden = Tax - consumer tax burden = 4 - 2.7 = $1.30
Answer:
Your risk tolerance will change as your investment goals, financial situation and life experience evolve. Generally, the longer the length of time until you need your money, the more risk you can afford to take. In order to make the best investment, consider where you are in life.
Explanation:
A.
She values a consistent focus on knowing and completing her daily tasks.Answer:
Explanation:
