Answer:
$700,000
Explanation:
Data provided in the question
Sales price of the home = $960,000
Cost price of the home = $260,000
Based on the above information,
The computation of the amount of gain included in gross income is shown below:
= Selling price of the home - cost price of the home
= $960,000 - $260,000
= $700,000
Hence, the amount of gain i.e $700,000 is included in the gross income
Answer:
Cash Flow Year Present value
- 0 0.00
3.41 1 2.99
3.58 2 2.76
3.76 3 2.54
3.95 4 2.38
4.15 5 2.23
4.36 6 2.09
91.46 6 43.94
Current share price = $58.93
Explanation:
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Answer:
me if thats alright !!:) thanks
