Kayla purchased a home in January, fixed it up, and then sold the property in May of the same year for a gain of $45,000. What type of capital gain is this

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Answer 1

The fact that Kayla purchased a home in January, fixed it up, and then sold the property in May of the same year depicts a short term capital gain.

What is capital gain?

Capital gain simply means an increase in the value of an asset when it's sold.

Since she purchased a home in January, fixed it up, and then sold the property in May of the same year for a gain of $45,000, it's a short terms capital gain.

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Related Questions

Plan the meeting. Planning a meeting includes selecting the place and time, inviting the appropriate people, determining the purpose of the meeting, and creating an agenda. In the area below, compose an e-mail to send to the team members. In the e-mail, include the place and time, the purpose, and the agenda. Determine the meeting place and time.
Invite the appropriate employees.
Be clear about the purpose of the meeting.
Create an agenda, send it to team members in advance, and stick to it.
Ask all members to report their status.
Discuss solutions to issues.
End the meeting on time.
Send out meeting minutes.

Answers

To write an email planning a meeting, planning focus on three pillars is essential:

PurposePeopleProcessHow to write an email requesting a meeting?

It is essential to be clear and objective about the purpose and agenda, so that members can prepare in advance, contributing with solutions and clarification on the topic.

Therefore, the schedule must be reviewed and consistently adhered to so that the objectives of the meeting are met and each member can effectively contribute to the results.

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You've been meaning to fix those rotted boards on your porch for years. Finally, last week the deck gave way. The replacement will cost you $3,000. Will you be able to recover the cost of replacement (less your deductible) from your homeowner's insurance?

Answers

We will not be able to recover the cost of replacement (less deductible) from the homeowner's insurance policy.

What is homeowner's insurance?

This is an insurance that provide cover on the insured's home's structure and belongings in the event of a destructive event such as a fire, storm, hurricane, lighting, flood etc

A natural destruction resulting from a wear and tear is not covered under the homeowner's insurance.

Therefore, you will not be able to recover the cost of replacement from the homeowner's insurance policy.

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When does a lender have to disclose the annual percentage rate (APR)?
A. Lenders do not use APR when making loan agreements.
B. Lenders must disclose the APR after the loan agreement is signed.
C. Lenders must disclose the APR before the loan agreement is
signed.
O D. Lenders are not required to disclose the APR.

Answers

Answer: ITS C!!!!!!!

Explanation:

Answer:

C. Lenders disclose the APR before the loan agreement is signed.

What do you start paying taxes

Answers

Hi!you start paying taxes because taxes help to support common resources, such as police and firefighters.

Single, under the age of 65 and not older or blind, you must file your taxes if: Unearned income was more than $1,100. Earned income was more than $12,400. Gross income was more than the larger of $1,100 or on earned income up to $12,050 plus $350.

the first person that answers ill give u 40 brainlist points hearts and stars

Answers

Answer:

Do you need help?

Explanation:

??

Answer:

what do you need help with ??

Explanation:

Both the production and selling and administrative expense budgets are prepared using information directly from the:.

Answers

Answer:

Both the production and selling and administrative expense budgets are prepared using information directly from the: Sales Budget

why do we need for the Department of Homeland Security.

Answers

Answer:

Protection for the USA against threats domestic and international.

Explanation:

The Department of Homeland Security seeks to protect the nation from many threats. Cybersecurity has been their largest target, but have also investigated terrorism threats and enforcing laws on immigration.

A UCF graduate has two job offers. Job 1 pays $35,100 with a $5,000 non-taxable benefit, while Job 2 pays $34,900 and has a $5,700 non-taxable benefit. What is the PRE-TAX value of each job assuming the g

Answers

Answer:--

Job 1: $41,944 Job 2: $42,717

Explanation:

-Job 1: $40,225 Job 2: $39,802

-Job 1: $42,382 Job 2: $41,706

-Job 1: $41,944 Job 2: $42,717

-Job 1: $43,444 Job 2: $42,917

The pre-tax value of each job assuming the graduate is in a 28% marginal tax bracket is Job 1: $41,944 Job 2: $42,717. Option (c) is correct.

What is Pre Tax value?

Earnings before taxes, often known as pre-tax, refer to your annual income after expenses have been paid but before taxes have been subtracted. A more accurate view of your company's financial status is provided by calculating pre-tax income.

Pretax Income = Gross Revenue – Operating, Depreciation, and Interest Expenses + Interest Income

Gross revenue includes all revenues generated by the business.

Operating expenses include deductions due to depreciation, amortization, and interest expenses.

Pre-tax deductions occur when a company takes money out of an employee's paycheck to pay for benefits before taking money out to pay taxes.

Therefore, Option (c) is correct.

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Your question is incomplete, the complete question is ;

A UCF graduate has two job offers. Job 1 pays $35,000 with a $5,000 non-taxable benefit, while Job 2 pays $34,800 and has a $5,700 non-taxable benefit.

What is the PRE-TAX value of each job assuming the graduate is in a 28% marginal tax bracket? (Round to the nearest dollar)

-Job 1: $40,225 Job 2: $39,802

-Job 1: $42,382 Job 2: $41,706

-Job 1: $41,944 Job 2: $42,717

-Job 1: $43,444 Job 2: $42,917

which situation is an example of skimming?

a) pop-up windows on a computer asking for you pin
b) a retailer scanning your credit card to steal its number
c) bank statements stolen from your garbage
d) a phone call from someone pretending to be a bank employee

Answers

i believe the correct solution is b

Answer:

B.) a retailer scanning your credit card to steal its number

Explanation:

Through effective ______, people can successfully resolve conflicts and create positive change. problem-solving strategies management communication

Answers

People can successfully resolve conflicts and create positive change through effective communication.

What is communication?

Communication refers to the process of sending across message from the sender to the receiver. It is the act of transfering information from one person to another

Various means of communications are:

FaxTelexEmailPhone

Hence, people can successfully resolve conflicts and create positive change through effective communication.

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This matrix​ _______ the view of the CFOs because​ _______. A. ​supports; there is an incentive to cheat on the agreement because the cheater will earn a greater economic profit B. does​ not; the firms make the greatest profit when they comply with the agreement

Answers

The matrix support the view of the CFOs because there is an incentive to cheat on the agreement because the cheater will earn a greater profits.

Who is chief financial officer?

The chief financial officer serves as the senior executive responsible for managing the financial actions of a company.

Conclusiosively, The support view of the CFOs is because there is an incentive to cheat on the agreement between parties.

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Which advantage of incorporating is most​ applicable? What are other advantages of organizing as a corporate​ entity? First answer which advantage of incorporating is most applicable in protecting​ Bob's personal​ assets?

Answers

1) One advantage of incorporating that is most applicable in protecting Bob's personal assets is liability protection.

2) Other advantages of organizing as a corporate entity include:

Use of professional managersBusiness security and continuityEasier access to capital.

What is liability protection?

Liability protection refers to the protection offered to members of an incorporated entity, unlike an unincorporated entity.

Members of an incorporated entity enjoy limited liability because their personal assets cannot be used to settle the liability of the corporation.

Thus, one advantage of incorporating that is most applicable in protecting Bob's personal assets is a limited liability or liability protection.

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The level of difficulty a manufacturer experiences in getting retailers to purchase its products is determined by the degree to which the channel is:.

Answers

The difficulty level that a manufacturer experiences in getting retailers to purchase its products is determined by the degree to which the channel is vertically integrated.

What is vertical integration?

It should be noted that vertical integration simply means the process of acquiring business operations towards identical production.

In this case, the difficulty level that a manufacturer experiences in getting retailers to purchase its products is determined by the degree to which the channel is vertically integrated.

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Andy Yocom was looking to start a small business so he could be his own boss. While golfing one day, he saw prime advertising space on the flags on the course. He has decided to call his new venture Invision Golf Group Inc. What should he include in his business plan

Answers

The things that Andy Yocom should include in the business plan is E. All of the above.

What is a business plan?

A business plan simply means a plan that is used by a business to set out the goals and objectives of the firm and how the company will achieve it.

From the complete question, he should include the goals, how the company will achieve it, the employees to achieve the goals, etc.

The things that should be included include:

management plan.the elements of the company that make it uniquean analysis of the market in which the company will operatea financial plan.

Therefore, the correct option is all of the above.

Note that the options to the question include:

A. management plan.

B. the elements of the company that make it unique

C. an analysis of the market in which the company will operate

D. a financial plan.

E. all of the above.

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Take It All Away has a cost of equity of 10.78 percent, a pretax cost of debt of 5.43 percent, and a tax rate of 40 percent. The company's capital structure consists of 76 percent debt on a book value basis, but debt is 36 percent of the company's value on a market value basis. What is the company's WACC

Answers

Answer:

Take It All Away has a cost of equity of 10.78 percent, a pretax cost of debt of 5.43 percent, and a tax rate of 40 percent. The company's capital structure consists of 76 percent debt on a book value basis, but debt is 36 percent of the company's value on a market value basis.

Explanation:

What is the company's WACC?

8.07%

10.68%

8.85%

9.44%

6.41%

What do you think Anielski means by the phrase
"a depletion of the social capital upon which an
economy depends"? Do you agree with him?

Answers

Answer: yes I agree the him

Explanation:

David realizes that he needs money to start a bookstore. If he decides to
obtain funds through debt financing, what will his company have to do?
A. Collect government sales tax
B. Pay its workers
C. Pay funds to more than one owner
D. Pay loans

Answers

If David decides to obtain funds through debt financing, the company would have to D. Pay loans.

What happens when debt financing is used?

When a company uses debt financing, it means that they are borrowing money from institutions and investors in the form of loans.

As time goes on, they will have to pay back these loans which includes the amount they borrowed and some interest.

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What product does the united states export the most to pacific basin countries?.

Answers

Answer:

i think soybeans

Explanation:

Leading categories include: soybeans ($9.7 billion), corn ($9.1 billion), beef and beef products ($7.6 billion), pork and pork products ($5.8 billion), and prepared food ($4.6 billion). U.S. exports of services to APEC were $320.2 billion in 2018, up 3.4% ($10.4 billion) from 2017, and up 67 percent from 2008.

Question: leadership style and conflict

if kim took a vote to decide who should be on the team and made everyone part of the decision, what leadership style would she have, what are the benefits of this style on team psychology, and how might this style impact the team in managing conflict?

Answers

The type of leadership style described in the given scenario is known as participative leadership.

What is Leadership?

This refers to the act of being responsible for the actions and activities of a group of people.

Hence, participative leadership would have a good psychological impact on the people because their input is asked which means that everybody's opinion matters.

Please note that your question is incomplete so I gave you a general overview to help you get a better understanding.

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19. Which medium has the advantage of moving images, sound, and portability in business?
*
(1 Point)
Newspapers
Transit Media
Internet
Radio

Answers

Answer:

Internet

Explanation:

Newspapers can be online, but they are originally on paper, transit media is on billboards or the sides of cars, and the radio is definitely not it.

the life isnurance policy in which dealth benefits last a lifetime but premiums are all paid after a specified time period is an

Answers

The life insurance policy in which death benefits last a lifetime but premiums are all paid after a specified time period is a limited-pay whole life policy.

Which of the folloiwng is an example of direct finance?

A) an individual applies for a mortgage through a mortgage bank

B) a muncicipality sells muncipal bonds to investors

C) an individual deposits funds into a savings account at his credit union

D) a small business opens a line of credit form a commerical bank

Answers

Answer:

i believe the answer is B) a muncicpiallity sells muncipal bonds to investors.

Explanation:

I hope this is correct and it helps you!

-Justin:)

Answer:

B.

Explanation:

Just took the test.

Economic growth is also correctly called Choose one: A. real GDP growth. B. real per capita GDP growth. C. nominal per capita GDP growth. D. inflation. E. nominal GDP growth.

Answers

Answer:Real GDP growth.

Explanation:

Which statement is NOT true?
A. Local banks offer commercial real estate loans.
B. Local banks offer automobile loans to the government.
C. Local banks offer unsecured loans.
D. Local banks offer residential mortgage loans.
E. Local banks offer educational loans.

Answers

Explanation:

The Answer Is C. That's It

True or false: Every time land is sold, the line item for the sale of land in the investing activities section of the Statement of Cash Flows will equal the change in the asset account on the balance sheet.

Answers

The answer is false.

What is collateral?

a type of unsecured credit
O property given as security for a loan
funds borrowed to buy property
a payment to reduce overall debt

Answers

A collateral is a property given as security for a loan. Thus, the correct answer is option B.

What is a collateral?

A valuable asset that a borrower offers as collateral for a loan is known as collateral in the financial industry.

The house is used as collateral for the financing when a home buyer gets a mortgage. The automobile is the security for a car loan. When a company seeks bank financing, it may use valuable assets like real estate or machinery as collateral for the loan.

An unsecured loan has a higher interest rate than one that is backed by collateral. If there is a default, the lender has the right to transfer the collateral to make up the difference.

Therefore, property given as security for a loan is a collateral

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A ________ system tracks all communications between the company and the customer, the purpose of each communication, and any necessary follow-up.

Answers

Contact management is a system that tracks all communications between the company and the customer, the purpose of each communication, and any necessary follow-up.

In exchange for ________, preferred stockholders often relinquish voting rights; dividend preference. voting rights; liquidation preference over creditors. dividend preference; voting rights. dividend preference; liquidation preference over common stockholders.

Answers

In exchange for liquidation preference , preferred stockholders often relinquish voting rights; dividend preference. voting rights; liquidation preference over creditors.

What is liquidation preference?

This is a term that is used to refer to the shareholders that may get to be paid first in the event of a liquidation of assets.

The preferred stakeholders would be the ones that would receive their money first in the face of such.

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All real estate advertising (use of business stationary, newsletters, billboards, etc.) must be done only with the ____________ knowledge and consent.

Answers

When making use of real estate advertising, it is important to get both the broker's knowledge and consent to create awareness.

What is Advertising?

This refers to the creation of awareness for a product or service to get people to buy and create sales and profit as a result.

Hence, in the case of real estate advertising, it is vital that the broker is aware and gives his consent before the awareness creation is done about a piece of property.

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How might advertising reduce economic well-being? alternatively, how might advertising actually increase economic well-being?.

Answers

Advertising is capable of reducing economic well-being by generating increased consumerism, creating desire for products and making demand more elastic.

In the sense of increasing economic well-being, advertising is able to provide more information about prices and increased competition, which makes prices lower.

What is the relevance of advertising?

For a company, the development of advertising campaigns is a key factor in attracting and retaining consumers, with strategies that generate the need for the brand, generating value and loyalty.

Therefore, advertising is able to stimulate consumption and competitiveness, when it is effective, it generates profitability and positioning for an organization.

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