Answer
Closing costs are calculated based on price of the house minus down payment
Explanation
Closing costs are either brought as cash to closing or financed into a loan.They are usually used when people buy or rent properties and the closing cost is the amount a person pays based on the down payment. To estimate the closing cost, you subtract the down payment from the purchase price of the home.
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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.
The Cost of the goods manufactured is $217,510.00 and the Cost of the goods sold is $210,700.00.
<h3>What is Overhead?</h3>
The term overhead refers to a company's continuing operating expenses but does not include the direct expenditures involved in producing a good or service.There are both fixed and variable overhead charges.
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Thus the manufactured cost of the goods refers to those in which the expenses incurred at the time of manufacturing a good. The cost of the manufactured goods is $217,510.00.
The cost of the goods sold is $210,700.00.
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Socio cultural differences can cause trade difficulties in world markets when you speak different languages, have different customs, or have drastically different religions.
<h3>What is
Socio cultural?</h3>
For company to succeed, intercultural understanding is essential. Any business that seeks to sell products or services must have a thorough understanding of, or at the very least, fundamental awareness of, its target market. This is crucial when breaking into a new geographic market. It is helpful for a business to understand how likely consumers are to accept and ultimately buy its items when it wants to start exporting.
What is common and accepted in one society may be unique, expensive, or even immoral in another. Assessing sociocultural variables provides answers to issues like: Are they accustomed to eating vegetables every day? How do people feel about outdoor sports? Do housewives think having a microwave at home is luxurious? By exploring social behaviour and posing these queries
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