Michael (single) purchased his home on July 1, 2007. On July 1, 2015 he moved out of the home. He rented out the home until July 1, 2016, when he moved back into the home.
On July 1, 2017, he sold the home and realized a $305,000 gain. What amount of the gain is Michael allowed to exclude from his 2017 gross income?The amount of the gain that Michael can exclude from his 2017 gross income is $250,000.Explanation:To determine how much of the gain Michael can exclude from his 2017 gross income, we need to use the rules for the sale of a personal residence.
The rules allow a taxpayer to exclude up to $250,000 ($500,000 for married couples filing jointly) of gain from the sale of a personal residence if the taxpayer meets the following criteria:1. The taxpayer owned the residence for at least two years during the five-year period ending on the date of the sale.2. The taxpayer used the residence as his or her principal residence for at least two years during the same five-year period.
To know more about purchased visit:
https://brainly.com/question/32412874
#SPJ11
Employers can try to overcome the moral-hazard problem involving their employees by.
Answer:
encourage the risk taking party to act more responsible by offering them incentives or make a punishable offense
Explanation:
it works in modt cases or just fireing them might just do the trick
A soft drink manufacturing company is trying to venture into the Middle-Eastern market. They are conducting market research with regard to their target customers and their
preferences. They have to be mindful of the mindset and beliefs of the people to penetrate the market.
When advertising they have to employ the___________
advertising tool
Answer:
The answer is Direct Marketing Tool
Explanation:
Direct marketing is a form of push advertising that uses fliers, coupons, direct mail, email, social media, television infomercials with callback numbers, telemarketing and door-to-door visits to bring products and services directly to customers.
Answer:
Direct Marketing
Explanation:
What is the term for media for broad popular audiences—including newspapers, radio, and television?.
Answer:
Mass media
Example
Mass media is actually the primary means of communication for the general public to communicate with each other as well as on a grander level. The most popular types of mass media include Newspapers, Radio, Television, Internet, Magazines.
Misalignment between the _____ stressed in budgets and _____ used to reward employees and managers can limit the advantages of budgeting.
a. resource goals; bonuses
b. performance goals; participative goals
c. sales goals; bonuses
d. performance goals; performance measures
Misalignment between the Performance goals stressed in budgets and performance measures used to reward employees and managers can limit the advantages of budgeting.
Misalignment between the performance goals stressed in budgets and the performance measures used to reward employees and managers can limit the advantages of budgeting. Here's an explanation:
Budgeting is an important process used by organizations to plan, allocate resources, and set performance targets. It involves establishing goals and targets that guide the organization's activities and helps measure performance. However, for budgeting to be effective, there needs to be alignment between the goals emphasized in the budget and the measures used to evaluate and reward performance.
If there is a misalignment between the performance goals stressed in budgets and the performance measures used for rewards, it can lead to several issues:
Lack of motivation: If employees and managers are not rewarded based on the goals emphasized in the budget, it can diminish their motivation to achieve those goals. This misalignment can create a disconnect between what is expected in the budget and what is incentivized.
Conflicting priorities: When the performance measures used for rewards do not align with the goals emphasized in the budget, it can create conflicting priorities. Employees may focus on activities that are rewarded rather than those that contribute to the budgeted goals, leading to inefficiencies and suboptimal performance.
Lack of accountability: Misalignment between budget goals and performance measures can result in a lack of accountability. Employees and managers may not feel responsible for achieving the budgeted targets if they are not directly linked to their performance evaluations or rewards.
To maximize the advantages of budgeting, organizations should ensure that there is a clear and consistent alignment between the performance goals stressed in budgets and the performance measures used to evaluate and reward employees and managers. This alignment promotes motivation, accountability, and a focused effort toward achieving the budgeted goals.
Visit here to learn more about Conflicting priorities:
brainly.com/question/30099752
#SPJ11
PLEASE HELP IT IS URGENT DO NOT WASTE ANSWERS
Jackie has been selling gold rings for $50 each. her cost for the rings was $25. she learns that another store on the other side of the mall sells gold rings for $40. what information should jackie consider before deciding if she should change her price?
When adjusting the price of an established product, Jackie should have knowledge of the pricing considerations and strategies
What are the different types of pricing strategies?
There are 4 types of pricing strategies as follows :
Premium pricing strategySkimming pricing strategyValue pricing strategyPenetration pricing strategy.In the aforesaid scenario, Jackie will employ a value pricing approach, in which he will reduce the product's cost in order to attract buyers, hence increasing the product's perceived worth.
Thus,
Pricing strategies information should be considered before introducing any changes in the price of the product.
Learn more about Pricing:
https://brainly.com/question/14595156
#SPJ1
cuales son las ideas principales del actor sobre el establecimiento de metas
Explanation:
Bitte sprechen Sie Englisch
The rule dealing with the disclosure of loan costs is:
A. Regulation X
B. Regulation Z
C. Regulation C
D. Regulation Y
The rule dealing with the disclosure of loan costs is Regulation Z. This regulation, also known as the Truth in Lending Act (TILA), requires lenders to provide borrowers with clear and accurate information about the terms and costs of credit before they agree to it. The goal is to help consumers understand the true cost of borrowing money and make informed decisions about their finances.
Regulation Z requires lenders to disclose key information such as the annual percentage rate (APR), finance charges, payment terms, and any prepayment penalties or late fees. This information must be provided in a clear and conspicuous manner, using language that is easy for borrowers to understand. Lenders must also provide a statement of the total cost of credit over the life of the loan. In addition to disclosure requirements, Regulation Z also sets rules for advertising and marketing of credit products, and provides protections for consumers in the event of errors or disputes. Failure to comply with these rules can result in significant penalties for lenders. Overall, Regulation Z is an important rule dealing with loan costs that helps consumers make informed decisions about borrowing money and protects them from unfair or deceptive practices by lenders.
learn more about regulation Z here:
https://brainly.com/question/30776310
#SPJ11
Final Answer:
B. Regulation Z (Truth in Lending Act) governs the disclosure of loan costs, ensuring transparency and consumer protection in lending practices.
Explanation:
The rule dealing with the disclosure of loan costs is Regulation Z. Regulation Z, also known as the Truth in Lending Act (TILA), is a federal law that requires lenders to provide borrowers with clear and transparent information about the terms and costs of their loans. This regulation is essential in protecting consumers by ensuring that they have access to all the necessary information to make informed decisions about borrowing.
Under Regulation Z, lenders are required to provide borrowers with a Loan Estimate, which outlines the key terms of the loan, including the interest rate, monthly payments, and the total cost of the loan. It also includes details about any potential risks or changes in the loan terms. This regulation aims to prevent deceptive lending practices and promote fair lending by giving borrowers the tools to compare loan offers and understand the financial commitments they are entering into.
In summary, Regulation Z (Truth in Lending Act) is the regulatory framework that governs the disclosure of loan costs, and it plays a crucial role in ensuring transparency and fairness in lending practices.
Learn more about protection
brainly.com/question/36101299
#SPJ11
What is the difference between an indicative rate (like LIBOR) and a transaction rate (like the Secured Overnight Financing Rate [SOFR])?
The difference between an indicative rate, such as the London Interbank Offered Rate (LIBOR), and a transaction rate, such as the Secured Overnight Financing Rate (SOFR), lies in their underlying methodologies and the purpose they serve in financial markets.
LIBOR is an indicative rate that represents the average interest rate at which banks can borrow from one another in the interbank market. It is based on daily submissions from a panel of banks and is used as a benchmark for various financial instruments, such as loans, derivatives, and mortgages.
LIBOR serves as a reference rate and helps determine the interest rates on a wide range of financial products. On the other hand, SOFR is a transaction rate that reflects the cost of borrowing cash overnight collateralized by Treasury securities.
It is based on actual transactions in the repurchase agreement (repo) market, where financial institutions borrow or lend cash using Treasury securities as collateral.
SOFR is designed to be a more reliable and robust benchmark compared to LIBOR, which faced integrity concerns during the past years. As an alternative to LIBOR, SOFR provides a transparent and transaction-based reference rate for financial markets.
In conclusion, while both indicative rates like LIBOR and transaction rates like SOFR are used as benchmarks in financial markets, their underlying methodologies and purposes differ.
LIBOR is based on banks' submissions and serves as a reference rate, while SOFR is derived from actual transactions and provides a transparent benchmark for overnight borrowing costs.
To know more about transactions refer here:
https://brainly.com/question/31231037#
#SPJ11
Several years ago, Jeff purchased stock for $5,125. Last month he sold the stock for
$7,411. What was his gross capital gain?
If Several years ago, Jeff purchased stock for $5,125. Last month he sold the stock for $7,411. His gross capital gain is: $2,286.
Gross capital gainIn order to determine the gross capital gain since we were told that he purchased stock for the amount of $5,125 in which last month he sold the stock for the amount of $7,411 we have to deduct the current stock selling price form the stock purchase price by making use of this formula to determine the gross capital gain.
Gross capital gain = Current stock selling price - Stock purchase price
Where:
Current stock selling price = $7,411
Stock purchase price = $5,125
Let plug in the formula so as to find the gross capital gain
Gross capital gain = $7,411 - $5,125
Gross capital gain =$2,286
Therefore If Several years ago, Jeff purchased stock for $5,125. Last month he sold the stock for $7,411. His gross capital gain is: $2,286.
Learn more about gross capital gain here: https://brainly.com/question/25117603
#SPJ1
Daisy, the owner of a homemade chocolate shop, decides to switch from regular packaging material to recyclable packaging material. She also decides to change the lights in her store and install LED lights, which are more energy efficient. In the given scenario, Daisy has adopted _____.
a. flow-shop processes
b. green practices
c. the Six Sigma principle
d. poka-yokes
Daisy, the owner of a homemade chocolate shop, decides to switch from regular packaging material to recyclable packaging material. She also decides to change the lights in her store and install LED lights, which are more energy efficient. In the given scenario, Daisy has adopted green practices. Hence, option B is appropriate.
What are the Green Practices?Green practices refer to the creation of buildings and the use of methods that are resource- and environmentally-conscious throughout a development's lifecycle, including buildings, through siting to planning, construction, operation, maintenance, renovation, and deconstruction.
You can lower your carbon footprint and the number of toxins discharged into the atmosphere by making modifications to Green practices. The benefits of cleaner air and water, fewer landfills, and even more sources of renewable energy ultimately benefit future generations.
An unpolluted environment and a higher standard of living are implied by clean and Green practices. On the other side, green has a clear connection to supporting health.
Hence, option B is correct.
Learn more about the Green Practices here:
https://brainly.com/question/28860773
#SPJ1
Consumer behavior is the way that forces shape people's
A. goods and services
B. place and time utility
C. culture and society
D. activities related to buying
Answer:
D. activities related to buying
Explanation:
Consumer behavior study how individuals and organizations select the goods and services they opt to buy. It tries to understand consumers' motivation, psychology, and behavior as they select preferred goods and services. Consumer behavior is broad and complex. Some of the answers it seeks are
1. How consumers think and choose between various options
2. The behavior of consumers while shopping
3. How the environment (peers, culture, media, social media) influence social media
Which of the following is used by a seller to deceive a buyer? a. Bait and switch b. Contest c. Display d. Introductory offer Please select the best answer from the choices provided A B C D.
That which is used by a seller to deceive a buyer is: a. Bait and switch
Bait and switch is a tactic that is used by entrepreneurs to attract customers. They tell them to purchase a good at a low price.
However, when they come to buy, they are encouraged to buy a good that costs more.
So, in this way, the bait and switch tactics is used by sellers to deceive the buyers.
Learn more about the bait and switch tactics here:
https://brainly.com/question/981097
Answer:
A. Bait and Switch
Explanation:
edge 2022
an employee can be dismissed if their job surplus to requirements' outline why this state ment is false
victims of identity theft can request a credit freeze.
Answer:
True
Explanation:
People can use the victims credit card
The statement, "victims of identity theft can request a credit freeze" is true.
A credit freeze is a recognized and widely utilized measure to protect oneself from further identity theft-related harm.
By requesting a credit freeze, individuals can restrict access to their credit reports, reducing the risk of unauthorized accounts being opened in their name.
This measure serves as a preventive barrier, making it more difficult for identity thieves to exploit the stolen information.
Additionally, credit freezes are legally supported and regulated in many jurisdictions, providing victims with the right to request and implement this safeguard.
Thus, it is a recommended step in the aftermath of identity theft incidents to enhance security and regain control over personal financial information.
Learn more about identity theft here:
https://brainly.com/question/33506001
#SPJ6
I know these are multiple questions, but the actual question is fit into one big question. VERY MUCH APPRECIATED!
Planning and Conducting:
What are some possible ways to track down your energy usage? Is it more appropriate, in your opinion, to investigate energy usage per day, per week, or per month? • How would you estimate energy usage for devices which you are not the sole user of? • What are some appropriate ways to organize your data? • Suggestion: Pick at least 10 items that are commonly used every day. Record the power rating (in Watts or in some cases given as output: ____V / ____ A) and/or energy rating (in kWh). Track down the amount of time that the device runs in a period of your choice. (8 hours / 24 hours / 3 days / 1 week; do not go beyond one week.)
Possible ways to track down your energy usage are: Some possible ways to track down your energy usage are through the use of power strips, smart plugs, energy monitoring devices, and utility bills. These methods enable you to measure your electricity consumption so you can reduce it effectively.
In my opinion, it is more appropriate to investigate energy usage per month because it can give you a better perspective on how much energy you consume. You'll have a more detailed overview of your energy usage if you track it over a longer period.
Estimate energy usage for devices that you are not the sole user of by averaging the time that different people use them and multiplying that by the energy consumption of the device. If the device is on all the time, you may need to estimate based on the average number of hours per day that the device is turned on.
Appropriate ways to organize your data include sorting your data by device, usage frequency, energy usage, and time spent using each device. You may want to create a spreadsheet to keep track of your energy usage data for each device, so you can quickly and easily compare the energy usage of different devices.
If you prefer, you can also use an energy monitoring app or device to track your energy usage for each device.
To know more about energy visit:
https://brainly.com/question/1932868
#SPJ11
If the cost of electricity doubles in the area where the Morgans live, which of the following is most likely to be
true?
A. It would be more advantageous for them to wash clothes at home and dry them at the laundromat.
B. It would be more advantageous for them to buy a washer and dryer to save money.
C. It would probably make no difference because the laundromat is likely to increase its prices to cover
increased costs.
D. It would be even more advantageous for them to use the laundromat rather than have a washer and
dryer at home.
5 of 10
If the cost of electricity doubles in the area where the Morgans live, It would probably make no difference because the laundromat is likely to increase its prices to cover increased costs. Option C. This is further explained below.
What is Pricing?Generally, Decide the payment amount for the service (something offered for sale).
In conclusion, Even if the price of power doubles where the Morgans reside, the laundromat's pricing will almost certainly rise to match the higher expenses.
Read more about Pricing
https://brainly.com/question/18117910
#SPJ1
Discuss the role of the father in attachment theory
Explanation:
Both parents are considered attachment figures in attachment theory, and the child-father attachment is autonomous from the child-mother attachment. Whereas mothers are commonly involved in caregiving and providing emotional refuge, fathers are particularly involved in play and exploratory undertakings.
a set of actions that a firm takes to achieve a goal, such as maximizing profits, is called
A set of actions that a firm takes to achieve a specific goal, such as maximizing profits, is referred to as a "strategy."In business, a strategy is a comprehensive plan of actions designed to achieve a specific objective or goal.
It outlines the approach a firm takes to allocate resources, make decisions, and navigate the competitive landscape in order to achieve desired outcomes. One common goal for many firms is to maximize profits, but strategies can also be devised to achieve other objectives such as market expansion, cost reduction, customer satisfaction, or sustainability.
A well-defined strategy encompasses various elements, including market analysis, competitive positioning, target audience identification, resource allocation, and performance measurement. It takes into account the firm's strengths, weaknesses, opportunities, and threats, and guides decision-making processes at different levels of the organization. Effective strategies consider both short-term tactics and long-term planning to create a roadmap for success. By implementing a strategy aligned with their goals, firms can increase their chances of achieving desired outcomes and maintaining a competitive advantage in their respective industries.
To learn more about strategy refer:
https://brainly.com/question/28561700
#SPJ11
plssss help
what is india’s comparative advantage in global competition?
a. low cost labor
b. access to natural resources
c. production of agricultural commodities
d. open land for building growth
e. innovation and expertise in manufacturing
India's comparative advantage in the global competition will be "Low-cost labor".
Over the past couple of years, India however has preserved significant competitive advantages throughout the production of medicines as well as a variety of tradeable commodity manufactured goods.Despite the reality that the requirements for becoming a distribution center continuously improving, certain manufacturing investments are expected to somehow be untouched by technology.
Thus the above answer i.e., "option a" is the right answer.
Learn more about the global competition here:
https://brainly.com/question/15637941
Which of the following decisions is most likely to create a temporary diseconomy of
scale? (Select the best answer.)
A)Buying supplies in bulk
B)Buying an expensive piece of machinery
C)Hiring employees who specialize
D)Using division of labor
Answer:
Buying an expensive piece of machinery
Explanation:
Did someone seen pottah.
Answer:
Harry potter books and shows and movies are dumb the only thing i like thats harry potter is butter bear from universal, its so yummy
Explanation:
periodt.
how does a hotel support tourism industry ? explain
Answer:
Hospitality generates revenue for local economies directly when tourists spend money in hotels, restaurants and entertainment venues. It also helps economies indirectly because tourists purchase retail goods, pharmacy items and locally made souvenirs and crafts.
HELP PLEASE:)
to get the most accurate savings figures, which item should you vary when you are comparing 2 loans from separate banks?
A. the APR should be different
B. the number of years it takes to pay it off
C. fixed and variable rates
D. nothing should be varied
I Think its answer C: Fixed and Variable rates
dishonor occurs if payment of an instrument cannot be obtained within the prescribed time. T/F
False, the statement is false as dishonor of an instrument is not solely dependent on the inability to obtain payment within the prescribed time
Dishonor of an instrument occurs when the payment of the instrument is refused or cannot be obtained for reasons such as insufficient funds, the instrument being post-dated, or a breach of the agreement. It is not specifically tied to the prescribed time for payment. The timing of payment can be a factor in determining whether an instrument is dishonored, but it is not the sole determinant.
To clarify, dishonor can happen even if the payment is attempted within the prescribed time, but it is refused or cannot be obtained due to various reasons. On the other hand, if payment is made within the prescribed time, the instrument is considered honored regardless of any subsequent events.
the statement is false as dishonor of an instrument is not solely dependent on the inability to obtain payment within the prescribed time but can occur due to other reasons as well.
To know more about dishonor follow the link:
https://brainly.com/question/31578664
#SPJ11
Someone in the 15 percent tax bracket can earn 10 percent annually on his investments in a tax-exempt IRA account. What will be the value of a $16,000 investment in 5 years? 10 years? 20 years? You may use Appendix C to answer the questions. Do not round intermediate calculations. Round your answers to the nearest dollar.
Answer:
A. $60,653
B. $98,313
C. $136,217
Explanation:
The formula that is used for calculating the annuity value is as under:
Annuity Value in "n" years = Present Value * (1 - (1 + r)^-n) / r
For 5 years:
Annuity Value in "5" years = $16,000 * (1 - (1 + 10%)^-5) / 10%
= $60,653
For 10 years:
Annuity Value in "10" years = $16,000 * (1 - (1 + 10%)^-10) / 10%
= $98,313
For 20 years:
Annuity Value in "20" years = $16,000 * (1 - (1 + 10%)^-5) / 10%
= $136,217
alright, anyone got any chocalate
Answer:
No, I don't really like chocolate.
Explanation:
Answer:
Yes.
Explanation:
But sadly I can't give them away.
#teamtrees #WAP (Water And Plant)
Immigrants to the united states who exhibit ________ tend to live and shop in places separated from mainstream anglo consumers.
Immigrants to the united states who exhibit segregation tend to live and shop in places separated from mainstream anglo consumers.
A consumer is a person who orders, orders, or uses purchased goods, products, or services primarily for personal, social, family, household, and similar needs not directly related to an entrepreneurial or business activity. A person or group intended to
A person who purchases a product or service for personal use rather than manufacturing or reselling it is called a consumer. A consumer is someone who decides whether to purchase an item in a store or who is influenced by advertising and marketing.
consumers form the upper trophic level. Unlike producers, they cannot produce their own food.
Learn more about consumers here:https://brainly.com/question/380037
#SPJ4
what is the most money you get in a job?
Answer:
it depends on the job but it is a Anesthesiologists
Answer:
I think being a rapper or being in the NBA OR NFL OR MLB
Explanation:
Alanco, inc. Manufactures a variety of products and is currently manufacturing all of its own component parts. An outside supplier has offered to sell one of those components to alanco. The controller has asked you to help evaluate this offer to determine if the company should make or buy the component. Use the information included in the excel simulation and the excel functions described below to complete the task.
Without the excel simulation, the make-or-buy decision can be determined for Alanco, Inc. as follows:
Make Buy Difference
Direct materials per unit $4.00
Direct labor 6.00
Variable manufacturing
overhead 2.00
Total variable costs $12.00
Traceable fixed overhead 5.00
Total relevant costs $17.00 $21.00 $4.00
Additional cost of buying the component parts = $4,800 ($4 x 1,200)
Thus, Alanco, Inc. should continue to make the parts, as it is more cost-effective than buying from the outside supplier.
What is a make-or-buy decision?A make-or-buy decision is a financial decision that decides if a product or part should be manufactured in-house or bought from outside suppliers.
The making of a make-or-buy decision depends on the relevant costs.
Question Completion:Make Buy
Direct materials per unit $4.00
Direct labor 6.00
Variable manufacturing
overhead 2.00
Total variable costs $12.00
Traceable fixed overhead 5.00
Total $17.00
Fixed manufacturing
Common 8.00
Total costs $25.00 $21.00
Thus, the make-or-buy decision shows that Alanco, Inc. should continue to make the part instead of buying from the outside supplier.
Learn more about the make-or-buy decision at https://brainly.com/question/16955734