Answer: A land contract.
Explanation:
A land contract is a method of property sales where, the seller of the property, finances the sales of his property to the buyer, but keeps possession of the property until the buyer has completed payments on the property's purchase.
Land contract involves the buyer paying by installments for the property until full payment is made.
Answer:
a. Glenda recognizes a $110,000 gain on the sale of her stock
Explanation:
Based on the information given the statements that is true is GLENDA RECOGNIZES A $110,000 GAIN ON THE SALE OF HER STOCK calculated as:
Recognizes Gain On The Sale Of Stock=[Sales price-(Basis in Condor stock - Basis recovery on distribution)]
Let plug in the formula
Recognizes Gain On The Sale Of Stock=[$150,000-($50,000-$10,000)]
Recognizes Gain On The Sale Of Stock=$150,000-$40,000
Recognizes Gain On The Sale Of Stock=$110,000 gain
Therefore Glenda recognizes a $110,000 gain on the sale of her stock.
Answer:
Doctors, lawyers, and other occupations.
Explanation:
Some occupations require a degree, although a higher education is expensive it can be beneficial. Doctors are one of the many examples showing why earning a degree can be worth it. Even one of the lowest paying surgeons still makes six figures.
<span>yearly deposit amount : $ 3000.
present value of an annuity: 259.060
$3,000 Ă— 259.060 = $777,180.
the value of her retirement account= $777,180.</span>
The Mosaic Technique. A mosaic is a piece of art or image made from the assemblage of small pieces of colored glass, stone, or other materials. It is often used in decorative art or as interior decoration. Most mosaics are made of small, flat, roughly square, pieces of stone or glass of different colors, known as tesserae.