Peter Paulson purchased a residence on February 19, 2018 for $180,000. On September 7, 2020, a tornado completely destroyed their home, which was in a federally declared disaster area. The home was insured for its replacement value and homes in Peter's area had appreciated greatly. He received proceeds of $550,000. How much of a replacement residence would Peter have to purchase in order to exclude or defer all gain realized

Answers

Answer 1

Answer:

Peter Paulson has to make a purchase of $300,000 in order to exclude or defer all gain realized.

Explanation:

The gains received by Peter if he received the proceed of $550,000 is given as

[tex]\dfrac{550,000}{180,000}=3.05556[/tex]

This ratio is greater than 3. Thus the value of gain is positive. Now in order to find the gains, calculate the value of amount received so that no gains are calculated. It is 2.38889 times of the original value, this comes out to be $430,000.

Now the gains are

Gain=$550,000-430,000=$120,000

In order to find the minimum purchase price, it is equal to gains plus the original value of the house which is

Min Purchase=Gain+180,000

Min Purchase=120,000+180,000

Min Purchase=$300,000

So Peter Paulson has to make a purchase of $300,000 in order to exclude or defer all gain realized.


Related Questions

Help if yk pls and thank uu

Answers

the awnser is sales tax:)

Answer:

option 2 is the correct answer


Federally-funded grants require the student to...

earn above average grades.

have a membership in a high school club.

perform volunteer work for a local community
agency.

have financial need only.

Answers

Answer:

Explanation:

have financial need only

Federally-funded grants typically require students to have financial need only, as they are designed to provide financial assistance to students who may not have the means to pay for their education. Therefore, option D is correct.

Federally-funded grants are financial assistance programs provided by the government to support students in pursuing their education. These grants are typically awarded based on financial need, considering factors such as income, family size, and assets.

They aim to ensure that students from low-income backgrounds have access to higher education opportunities. Unlike loans, grants do not need to be repaid, making them an attractive form of aid.

Federal grants include programs like the Pell Grant and the Federal Supplemental Educational Opportunity Grant (FSEOG), among others.

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Carlos is the VP Sales for a consumer electronics company and has recently been reviewing the performance feedback and employee satisfaction reviews. He noted that several sales representatives mentioned that they dissatisfied with the amount of commission they receive. Carlos wants to retain the best sales representatives rather than risk losing them to a competitor so he's trying to determine whether or not he should raise the percentage of commission representatives might receive on their sales. What management function best describes Carlos' activity?

Answers

Answer:

Compensation.

Explanation:

According to the information in the question above, it can be said that Carlos is exercising the function of compensation management. His functions are related to the compensation that employees receive for carrying out their work. Compensation managers are also responsible for maintaining the rules of benefits in compliance with management and legality, in addition to developing strategies that assist in retaining and hiring employees and all types of data and information on compensation in the organization.

To determine a credit score, debt, available credit and total assets are all part of the
calculation. It is important to have the ability to calculate total assets to improve a credit
score. The Smith family has a net worth of $100,000 and liabilities equaling $67,000, what is
the amount of their assets?
$100,000
O $67.000
O $33,000
O $167,000

Answers

Answer:

Net assets of smith family = $167,000

Explanation:

Given:

Net worth of smith family = $100,000

Net liabilities of smith family = $67,000

Find:

Net assets of smith family

Computation:

Net assets = Net worth + Net liabilities

Net assets of smith family = Net worth of smith family + Net liabilities of smith family

Net assets of smith family = $100,000 + $67,000

Net assets of smith family = $167,000

Barbers give a price discount to kids. According to price discrimination, if barbers use price discrimination, this implies demand for hair cuts by kids is more elastic. a. True b. False

Answers

Answer:

a. True

Explanation:

Since in the given situation, it is mentioned that the barbers give high discount to the kids, Now in the case of price discrimination when barber used this strategy so it shows that the demand of the hair cust would be more elastic as it earned high profits as compared when he dont use this strategy as this shows the less profits  earlier

So the given statement is true

What is importing??????????????

Answers

It when you move something to a another place most of the times its another country.

Ex. Importing plantains from jamaica to the USA.

Answer:

An import is a good or service bought in one country that was produced in another. Imports and exports are the components of international trade. If the value of a country's imports exceeds the value of its exports, the country has a negative balance of trade, also known as a trade deficit .

Explanation:

100 on edge

estion 6/10

Which of the following is NOT a common feature of a
financial institution?
Checking and savings accounts
Access to investment advice
Direct deposit
Paper checks

Answers

Answer:

The answer is B. Access to investment advice

Explanation:

In most countries, financial institutions are banks. Clients may obtain financial services from banks. The most popular purposes or characteristics of a bank or financial institution are to include accounts for people to deposit their money, check books for people to withdraw their money and do other financial activities, ATM access, and many other things.

Hope i helped have a nice day/nightt

Specialization and trade benefit nations by allowing them to:
O Use their resources more efficiently.
O Produce higher priced items for their citizens.
O Always have a trade surplus, meaning they export more than they import.
O Focus all of their resources on imports and refuse to export anything.

Answers

Answer:

#2

Explanation:

Your boss asks you to write a press release about a client's new product. He edits your draft, adding information about the product that you know to be incorrect. What do you do?

Answers

Answer: In the above scenario,I would decline carrying out the task when I know information given to me would falsify or tarnish the image of the client

Explanation:

Integrity is vital in the world today. It could be a test indirectly for an opportunity tomorrow and when you fail there is a high probability those who used you for such would trust you because the would think you can easily be swayed.

In the above scenario,I would decline carrying out the task when I know information given to me would falsify or tarnish the image of the client. Integrity is a good name that keeps bearing fruit forever.

What the the importance of modernization in business? ​

Answers

Answer:

6 Key Reasons Why Business Modernization Is Important

It's about improving the customer experience and engaging with your shoppers on a deeper level. It improves efficiency, add convenience, grows communication, increases customer outreach, builds more security, and expands marketing channels.

Tom just started a new job. His supervisor appreciates the way Tom is quick
to respond to emails, and is courteous and professional when talking to
clients. Which of these soft skills is Tom demonstrating?
A. Planning skills
B. Flexibility
C. Creativity
D. Communication skills

Answers

Answer:

communication skills

Explanation:

just took the test :)

A company's income statement showed the following: net income, $131,000; depreciation expense, $38,500; and gain on sale of plant assets, $12,500. An examination of the company's current assets and current liabilities showed the following changes accounts receivable decreased $11,100; merchandise inventory increased $26,500; prepaid expenses increased $7,900; accounts payable increased $5,100. Calculate the net cash provided or used by operating activities.

Answers

Answer:

$138,800

Explanation:

Particulars                                                  Amount

Net income                                                $131,000

Add: Depreciation                                     $38,500

Less: Gain on sale of plant                       ($12,500)

Add: Decrease in accounts receivable    $11,100

Less: Increase in inventory                       ($26,500)

Less: Increase in prepaid expenses        ($7,900)

Add: increase in account payable            $5,100  

Net Cash in Operating Activities             $138,800

Question #4
Multiple Choice
What is one of the major skill sets reinforced in the Common Core State Standards initiative?

-Obedience and humility
-Memorization skills
-Communication skills
-Government and civics

Answers

Answer:

-Communication skills

Explanation:

One of the major skill sets reinforced in the Common Core State Standards initiative is "Communication skills."

This above statement is true in the sense that the Common Core State Standards put more priority on the significance of conversing and listening in expanding vocabulary up to grade 5 and on the magnitude of making the presentation of information in a manner that improves communication generally. It also involves assessing others' presentations in grades 6-12.

Hence, the correct answer, in this case, is "Communication skills."

Timothy bought a bond with a face value of $1,000. The bond term is 1 year. He bought the bond at a 5 percent discount from the face value. The bond pays 5 percent annual interest, and Timothy will receive two semiannual payments. When the bond is redeemed at maturity, the total return (profit) will be $ .00. The total return on investment will be %. (Round return on investment percentage to one decimal place.)

Answers

Answer:

100, 10.5

Explanation:

1000 x .95= 950

1000x1.05=1050

1050-950= 100

100/950= 10.5

1. When the bond is redeemed at maturity, the total return (profit) for Timothy will be $100.00.

2. The total return on investment will be 10.5%.

What is the return on bonds?

The return on bonds is the profit gained from the purchase of the bonds.  

The profit includes all the capital gains (discount received) and interest revenues received until maturity.

Data ad Calculations:

Face value = $1,000

Purchase price = $950 ($1,000 x 1 - 5%)

Discount = $50 ($1,000 - $950)

Maturity period = 1 year

Coupon rate = 5%

Interest payment = semi-annual

Annual interest = $50 ($1,000 x 5%)

Total profit at maturity = $100 ($50 + $50)

Total return on investment = 10.5% ($100/$950 x 100)

Thus, when the bond is redeemed at maturity, the total return (profit) for Timothy will be $100.00 at 10.5%.

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A business that invests in a federal "CD" (certificate of deposit, where they basically loan the government
money in order to gain interest payments on it) would be earning:
Select one:
a. passive income.
b. active income.
c. balanced income.
d. stock income.

Answers

Answer:

( May be this is helpful)

Explanation:

Active income:

Active income refers to income received for performing a service. Wages, tips, salaries, commissions, and income from businesses in which there is material participation are examples of active income.

Passive income;

Passive incomes include earnings from a rental property, limited partnership, or other business in which a person is not actively involved—a silent investor, for example. Portfolio income is considered passive income by some analysts, so dividends and interest would be considered passive.

Balanced income;

PIMCO Balanced Income Strategy aims to provide attractive current income as well as capital appreciation over the long term by combining the higher capital appreciation and dividend-paying potential of equities with the lower volatility and attractive income potential of fixed income.

Stock Income;

An income stock is an equity security that pays regular, often steadily increasing dividends. Income stocks usually offer a high yield that may generate the majority of the security's overall returns. ... Income stocks may have limited future growth options, thereby requiring a lower level of ongoing capital investment.

Income Stocks, also known as dividend stocks, are the equity stocks that provide consistent and regular income in the form of a dividend to its buyers.

B. Active income that’s the answer

Why are people attracted to goat Chyangra and sheep farming?

Answers

Answer:

Provision of simple shed with low cost housing materials is enough for sheep and goat for its optimum production efficiency. The sheds should be constructed in an elevated area to prevent water stagnation. Fodder trees can be grown around the shed, which acts as a source of feed for the growing goats.

Unemployment that arises as a result of the time it takes for unemployed people to locate a job utilizing their transferable skills is called __________ unemployment.

Answers

Unemployment that arises as a result of the time it takes for unemployed people to locate a job utilizing their transferable skills is called [tex]\sf\purple{frictional}[/tex] unemployment.

[tex]\circ \: \: { \underline{ \boxed{ \sf{ \color{green}{Happy\:learning.}}}}}∘[/tex]

Unemployment that arises as a result of the time it takes for unemployed people to locate a job utilizing their transferable skills is called friction unemployment.

What is friction unemployment?

Short-term unemployment includes frictional unemployment. When someone actively seeks a job or a new career, they are said to be in a frictional state of unemployment. Unemployment that is only intermittent isn't always a terrible thing. In fact, since it's voluntary, frictional unemployment may be a sign of a strong economy.

If an individual leaves their work voluntarily or is dismissed, they are considered to be frictionally unemployed. People who are just entering the workforce and looking for their first job would also be considered to be frictionally unemployed,

Frictional unemployment, which has nothing to do with the economic cycle and is voluntary, entails people changing occupations. A downturn in a sector or a change in technology are only two examples of how changes in the economy can directly cause structural unemployment.

Thus, friction unemployment.

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When exports are greater than imports there is a favorable balance of trade.

-True

-False

Answers

the answer is true
hope that helps

Uber is considering adding a service to their current offering. Instead of picking up people and taking them to their destination, Uber is thinking about adding a local pickup and delivery service for things such as documents, packages, and food products. With Walmart now offering pickup grocery service, a person could order and have Uber actually do the pickup and delivery. Focus groups indicate that there is a potentially large demand for this service. Before introducing this across the Uber system, Uber has chosen to try the service out in Phoenix and St. Louis. The pickup and delivery service is in the_________ stage of the new-product development.

Answers

Answer:

test market

Explanation:

From the question, we are informed about Uber who is considering adding a service to their current offering. Instead of picking up people and taking them to their destination, Uber is thinking about adding a local pickup and delivery service for things such as documents, packages, and food products. With Walmart now offering pickup grocery service, a person could order and have Uber actually do the pickup and delivery. Focus groups indicate that there is a potentially large demand for this service. Before introducing this across the Uber system, Uber has chosen to try the service out in Phoenix and St. Louis. In this case, The pickup and delivery service is in the test market stage of the new-product development.

In domain of marketing, A test market can be regarded as a geographic region as well as demographic group that is utilized in guaging of the viability of a particular product/service in the mass market before porting to a wide scale roll-out.

Give three reasons why building apps might not be the sole source of income for an individual.

Answers

Here are the top six reasons why apps fail and how you can avoid them. App development projects fail and identify areas for improvement so you can. Not only is audience research necessary for developing an app that. For example, iOS users typically have a higher income and more education than Android users.

Hope this helps :)

Which of these are considerations that go into pricing a company's product? (Select all that apply.)

Price of getting the product to the market

How much tax the consumer pays as an end user

Price of labor to make the product

Price of raw materials

Answers

Answer:

All EXCEPT How much tax the consumer pays as an end user

Explanation:

All the options except how much tax the consumer pays as an end user are considerations that go into pricing a company's product.

What is pricing?

Pricing is the process by which a company determines the price at which it will sell its products and services. It may be part of the company's marketing strategy. When determining prices, the company will consider the cost of acquiring the goods, the manufacturing cost, the marketplace, competition, market condition, brand, and product quality.

Pricing is an important aspect of product management and one of the four Ps of the marketing mix, along with product, promotion, and place. Among the four Ps, price is the only one that generates revenue.

Therefore, price of getting the product to the market, price of labor to make the product, price of raw materials are the considerations that go into pricing a company's product.

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Management, can anyone help me?

Answers

I think it is C I looked up some stuff and they all add up to C

Name three jobs in insurance.

What do administrative support careers do? Name three tasks.

Answers

Answer:

Insurance Investigators. Insurance fraud is a huge problem.

Insurance Claim Adjusters. Adjusters assess the damage involved in an insurance claim, and extend an offer to the policyholder to cover their losses.  

Actuaries.  

Underwriters.

Loss Control Agents.  

Insurance Agent or Broker.

Explanation:

jobs

Drew buys 100 shares of Balsamic Corporation for $23 per share. Over the next year, Balsamic pays four quarterly dividends of 50 cents per share and the share price increases to $25. What has Drew's annual return been on the stock

Answers

Answer:

500 million

Explanation:

Zarine owns a law firm that caters specifically to up-and-coming female entrepreneurs. Intensive and on-time documentation are key requirements in Zarine’s firm. Over time, Zarine notices that her employees cannot create and maintain important documents efficiently. After further investigation, she realizes that some of the rented computers in her office are outdated, while some are infected with viruses and computer infections, causing a slowdown in the documentation process. Which step in the problem solving process has Zarine just completed?

A.
identifying a problem
B.
generating alternative solutions
C.
evaluating alternative solutions
D.
choosing a solution
E.
implementing a solution

random answers will be reported.

Answers

Answer:

e

Explanation:

Answer: A. Identifying a problem.

Explanation: Zarine has seen and made a list of things, or problems, that need to be solved. There are no solutions yet, so she's not doing anything with those.

Marcus is in seventh grade. He has decided that he wants to go to college when he graduates from high school. What are the best things Marcus can do to help pay for his college education? Select all that apply.
Marcus could open a savings account and start saving money.
Marcus could ask his neighbors to help pay his college tuition.
If possible, Marcus’s parents could help him pay for his college expenses.
Marcus could ask the college to let him attend for free.
Marcus could drop out of high school, get a job, and save his tuition first.

Answers

Answer:

Marcus could open a savings account and start saving money

If possible, Marcus’s parents could help him pay for his college expenses.

Explanation:

Answer:

Its A and C

Explanation:

QUESTION 2 of 10: Medicare is a government program funded by tax dollars to:


a) Provide health insurance to children
b) Provide health insurance to working adults
c) Provide hospital insurance for those over 65

Answers

C is the answer for your question

One of your very best clients introduces you to his son and then, one week later, is injured in an accident and is totally paralyzed and unable to speak. The son calls you and enters an order for his father's account that is entirely consistent with your client's trading habits. As an agent, you would A) visit your client in the hospital and ask him to squeeze your hand if he wishes to go ahead with the trade B) follow the son's instructions C) refuse the trade without a signed power of attorney D) act in accordance with the client's last will and testament

Answers

Don't listen to that guy it's virus, be careful ok

What's the appropriate response to receiving a talk about breaking a rule?

Answers

Answer:

Listen, dont be disrespectfull, and learn from it

Explanation: Dont dig a deeper hole

if i get 16 brainlest ill give u guys 136 points

Answers

Answer:

you get brainlyist by answering questions. not making them

Answer:

ill give u brainlest tete

Explanation:

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Tyler asks for a fish tank for his birthday. The task he wants is a rectangular prism 20 inches long, 10 inches wide, and 12 inches tall. please help asap!!!!!!!! The American Water Works Association reports that the per capita water use in a single-family home is 69 gallons per day. Legacy Ranch is a relatively new housing development. The builders installed more efficient water fixtures, such as low-flush toilets, and subsequently conducted a survey of the residences. Thirty-six owners responded, and the sample mean water use per day was 64 gallons with a standard deviation of 8.8 gallons per day. Required:At the 0.10 level of significance, is that enough evidence to conclude that residents of Legacy Ranch use less water on average? Question #4Multiple ChoiceWhat is one of the major skill sets reinforced in the Common Core State Standards initiative?-Obedience and humility-Memorization skills-Communication skills-Government and civics Theme: Many things are worth more than what you can get from it. Write a sentence explaining what the theme means. write the first six cube of natural number can someone help me answer this please? What is the pH of a house cleaning solution with molar hydrogen ion concentration [H+] of 1.0 x 10-8? please explain. Thank you so much! |4(x-3)|=15PLS I NEED HELP ASAP If x = 4, what is the value of 4x + 3? Help plzzzzzzzzzzzzzzzzzzzzzzzzhow do you think percy feels as he is in the car with his mom and grover chapter 4 Demand for Louisiana lumber reached a low in 2008 due to a housing crisis. In 2014, international demand for softwoods, such as pinewood, brought about a surge for the lumber industry in Louisiana. Casey is a sawmill owner. To meet international demand, he is considering moving his business from Pine Grove to Port Allen, which is closer to the Port of Baton Rouge. Which economic question is Casey exploring? What should be produced? Who should it be produced for? How should it be produced? How much should be produced? I need help with this please Stephanie just redecorated her bedroom. She wants to paint her door green but needs to know the surface area of the door to see if she has enough paint. What is the surface area of the door?\PLS HELP ME keeping in view the current dip in the crypto currency market. define how the economic principles of demand and scarcity relate to it? In the equation 2r - 7 = 15, what value of r makes this equation true? which of the following would astronomers most likely measure in light-years distance between stars distance between the earth and the moon? Can someone help me please this is due tomorrow what did mandela accomplish from the speech 'i am prepared to die' in 1964 I will give brainlist to who can answer these 4 questions correctly.