What are some factors that influence ethical behavior for the salesperson?
Answers
Ethical behavior refers to the moral principles that govern a person's or an organization's behavior. The sales profession is one that requires ethical behavior to be successful and maintain the trust of clients.
1. Compensation plan:Salespeople are often compensated with commissions and bonuses. This means that they are motivated to make sales. However, this may lead to unethical behavior such as misrepresentation of products or services to customers to increase sales.
2. Company culture: The company culture can also influence ethical behavior. If a company values honesty and transparency, salespeople are more likely to behave ethically. If the company values making sales at any cost, salespeople may engage in unethical behavior to meet their targets.
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Related Questions
fit living has just opened a new fitness club uptown. the company wants to encourage people to try out the club for a week before signing up for membership. since the club is new in the area, the most effective way to promote the free trial is through
Answers
The most effective way to promote the free trial is through an Informative advertising.
An Informative advertising refers to an advert that is done to inform the people of the goods or services strengths rather than trying to convince customers to buy them.
The company should use the Informative advertising to encourage people to try out the club for a week because it is more factual and detailed
Therefore, the most effective way to promote the free trial is through an Informative advertising.
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To support the other promotional efforts, firms use ________ to generate free media attention.
Answers
In order to support other promotional methods, firms would try to generate free media attention using Public Relations.
What is the use of public relations?Public relations is used by companies to talk about recent developments such as new products.
This therefore generates free media attention that can then be augmented by, or augment other promotional efforts such as television ads.
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Sheila has a plan to save $45 a month for 18 months so that she has $810 to remodel her bathroom. After 13 months Sheila has saved $510. If the most Sheila can possibly save is $70 per month, which of the following statements is true? a. Sheila will meet her goal and does not need to adjust her plan. b. Sheila must save $50 per month to achieve her goal. c. Sheila must save $60 per month to achieve her goal. d. Sheila will not be able to achieve her go
Answers
Answer:
Sheila has a plan to save $45 a month for 18 months so that she has $810 to remodel her bathroom. After 13 months Sheila has saved $510. If the most Sheila can possibly save is $70 per month, which of the following statements is true?
a.} Sheila will meet her goal and does not need to adjust her plan.
b} Sheila must save $50 per month to achieve her goal.
c} Sheila must save $60 per month to achieve her goal. <<CORRECT
d} Sheila will not be able to achieve her goal.
Explanation:
Edge 2021
Sheila will meet her goal and does not need to adjust her plan. The correct option is a.
What is the introduction of savings?Savings is the amount left over after an individual's consumption demands have been satisfied. Individuals who make purchases using credit and are subject to increasing EMI obligations would have little to no monthly savings. Savings aid in accumulating money for the future.
To find out if Sheila will be able to achieve her goal, we need to determine how much more she needs to save in the remaining 5 months.
Sheila's goal is to save $810, and after 13 months, she has saved $510. Therefore, she needs to save an additional:
$810 - $510 = $300
in the remaining 5 months.
If the most Sheila can save is $70 per month, then the maximum amount she can save in the remaining 5 months is:
$70 x 5 = $350
Since $350 is more than the $300 she needs to save, Sheila will be able to achieve her goal and does not need to adjust her plan.
Thus, the ideal selection is option a.
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Find the maximum profit and the number of units that must be produced and sold in order to yield the maximum profit. Assume that revenue, R(x), and cost, C(x), are in thousands of dollars, and x is in thousands of units. R(x) = 9x – 2x², C(x) = x2 – 5x² + 4x + 1 The production level for the maximum profit is about units. (Do not round until the final answer. Then round to the whole number as needed.)
Answers
To find the maximum profit and the corresponding production level, we need to determine the quantity that maximizes the difference between revenue and cost. The profit function, P(x), can be expressed as P(x) = R(x) - C(x).
Given that R(x) = 9x - 2x^2 and C(x) = x^2 - 5x^2 + 4x + 1, we can substitute these equations into the profit functionTo find the maximum profit, we need to find the vertex of the quadratic function. The x-value of the vertex can be determined using the formula x = -b / (2a), where a = 4 and b = 5.Now, substituting this x-value back into the profit function, we can find the maximum profit:Performing the calculations, we can find the maximum profit.The production level for the maximum profit corresponds to the x-value of the vertex, which is approximately -5/8 (or 0.625 when rounded to the nearest thousand units). Therefore, the production level for the maximum profit is about 625 units.
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describe how supply and demand impact the cost of a good of service
Answers
Answer:
see below
Explanation:
Supply
Supply is the volume of a product or service that suppliers are willing to sell at the market at the stated price. The quantities supplied have a direct impact on the price of the product or service. The ideal volume is the equilibrium quantity, where there is no excess or short supply. Both sellers and buyers are happy with the price at the equilibrium quantity.
Should supply exceed equilibrium quantity, there is an excess supply in the markets. Many suppliers try to sell to a few buyers. Consequently, the prices decrease. When supply is below the equilibrium quantity, it causes a shortage in the market. As buyers compete for the few available products and services, prices increase.
Demand
Demand refers to the quantities that buyers are willing to purchase at a given price in a period. There exist a direct and proportionate relationship between the demand and price of a product or a service. An increase in demand causes the price to rise. When the demand falls, the prices decline.
A mismatch between foreign currency denominated net assets and net liabilities Multiple Choice can be eliminated by constructing a balance sheet hedge. can be eliminated by multiplying the foreign currency value of the asset by the spot exchange rate. can be eliminated by undertaking accounting changes to eliminate translation exposure. none of the options
Answers
Answer:
can be eliminated by constructing a balance sheet hedge.
Explanation:
The mismatch could be occurred at the time when the foreign currency and net liabilities would be removed by preparing a hedge of the balance sheet
So according to the given options, the first option is correct as it represent the mismatch situation
So the rest of the options would be considered wrong as they are not related with the mismatch criteria
right now, which product or service could accurately be described as a deficit product?
Answers
Diet pills product or service could accurately be described as a deficit product. A trade deficit occurs when a nation imports goods from other nations while also paying import taxes because it cannot produce everything it needs.
The current action deficit refers to this. It can also happen when businesses are engaged in the production of goods in another nation. A government runs a budget deficit product when it spends more in a given year than it brings in through taxes, for example. As a straightforward illustration, consider a government that receives $10 billion in revenue one year but spends $12 billion, creating a $2 billion deficit.
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Please help in this question asap
Answers
Answer:
All of these
Explanation:
do I need to explain lol?? :]
The resource mentions that if the irs owes you a refund, you won’t be penalized if you file your tax return late. Why might you want to file your tax return on time anyway?.
Answers
The IRS states that you won't receive a penalty if you file your tax return but you may miss out on receiving a refund if its not filed on time.
Is the IRS an entity of the state?The IRS, a branch of the Treasury Department, is one of the most efficient tax administration organizations in the world. In the 2020 fiscal year, the IRS processed more than 240 million tax returns and received close to $3.5 trillion in revenue.
What is the financial strategy of the IRS?The IRS has the authority to levy (seize) assets such as wages, bank accounts, Social Security payments, and retirement income. The IRS may also seize and sell your property (like your car, boat, or real estate) in order to satisfy the tax debt.
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i have a few questions about finance. PLease answer correctly and completely! thx
Which product is an example of perfect competition?
A.
food grains where products are homogeneous
B.
computers, where there are many competitors with slightly differentiated products
C.
aerated cold drinks, where there are two competitors
D.
bicycles, where buyers and sellers have some control over the price
E.
gold where there is only one seller
The database of Aster Corp. was hacke.d and confidential data was leaked to its competitors. This resulted in a huge financial loss and a loss of goodwill for the company. What is this business risk known as?
A.
operational risk
B.
exchange risk
C.
political risk
D.
expansion risk
E.
survival risk
Answers
Answer 1:
B is the answer.
Computers where there are many competitors with slightly differentiated products.
Explanation:
A market is characterized as a Perfect Competition where there are many buyers, many sellers and the products are either homogenous or slightly differentiated. There is also perfect knowledge about all the products and the nonexistence of monopoly. That is, no player in the market has leverage over which they can manipulate prices in their favor.
Answer 2:
A is the correct answer.
Operational Risk.
Explanation:
When there is the possibility for a loss arising from a dysfunctional internal process(es), inefficient employee(s), or even from external events, with a link to the internal dynamics of a company, the business is said to be exposed to Operational Risks.
Answer 3:
When there is an increase in interest rate, the following takes place:
Businesses shy way from borrowing from the bank(due to the loss of leverage or increased cost of borrowing when they do) Production Cost increasesWhen production costs increase prices of finished goods increasesthe above leads to a decrease in demand for finished goodsand ultimately Consumer spending goes downCheers
Exclusive control over a service or product on the market is called: ________
Answers
Exclusive control over a service or product on the market is called a monopoly.
A monopoly exists when a single firm or entity is the only supplier of a particular good or service in the market, giving it exclusive control over the production and distribution of that good or service. In a monopoly, the monopolist can set the price of the good or service at a level that maximizes their profits, as there are no other competitors to drive down prices. However, monopolies are often subject to government regulation to prevent abuse of their market power, such as charging excessively high prices or engaging in anti-competitive behavior.
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the making of an assignment __________ the assignor of any obligation of the contract.
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The making of an assignment doesn't relieve the assignor of any obligation of the contract.
The assignor is the one who transfers or assigns their rights, interests, or obligations to another party. In legal terms, the assignor is the one who is making the assignment.
The assignor transfers the rights or obligations mentioned in the contract to the assignee, who becomes the new party with those rights or obligations.
The assignor may still remain responsible for some of the obligations unless otherwise specified in the assignment agreement or agreed upon by all parties involved.
Hence, the mere making of an assignment doesn't necessarily relieve the assignor of all the obligations.
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What are the casts names in Ginny & Georgia
Answers
Ginny and Georgia is an American comedy drama television series created by Sarah Lampert it was released on Netflix February 24 .
The cast names in Ginny and Georgia are
The main characterBrianne Howey as Georgia Miller
Nikki Roumel as Teenage Georgia Miller
Antonia Gentry as Ginny Miller
Diesel La Torraca as Austin Miller
Jennifer Robertson as Ellen Baker
Felix Mallard as Marcus Baker
Sara Waisglass as Maxine
Scott Porter as Mayor Paul Randolph Massachusetts
Raymond Ablack as Joe
Guest Star( Recurring)Mason Temple as Hunter Chen
Katie Douglas as Abby
Chelsea Clark as Norah
Jonathan Potts as Mr. Gitten
Sabrina Grdevich as Cynthia Fuller
Alisen Down as Bev
Colton Gobbo as Jordan
Connor Laidman as Zach
Devyn Nekoda as Riley
Nathan Mitchell as Zion Miller
Kyle Bary as Teenage Zion Miller
Rebecca Ablack as Padma
Daniel Beirne as Nick
Humberly González as Sophie Sanchez
Alex Mallari Jr. as PI Gabriel Cordova
Damian Romeo as Matt Press
Chris Kenopic as Clint Baker
Aaron Ashmore as Gil Timmins
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Interpret your answer for the mean in words. Choose the correct interpretation of the mean below. A. Out of theraces, the mean gives the at most number of favorites that finish in the money. B. Out of the races, the mean gives the exact number of favorites that finish in the money. C. Out of the races, the mean gives the least number of favorites that finish in the money. D. Out of the races, the mean gives the average number of favorites that finish in the money.
Answers
The correct interpretation of the mean below is option D: "Out of the races, the mean gives the average number of favorites that finish in the money."
What is the correct interpretation of the mean below?The term "mean" refers to the arithmetic average, which is calculated by summing up all the values and dividing by the total number of values. In this context, "the favorites that finish in the money" are the values being averaged.
Option A ("at most number of favorites that finish in the money") and Option C ("least number of favorites that finish in the money") are both incorrect because the mean is an average and does not represent the maximum or minimum number of favorites that finish in the money.
Option B ("exact number of favorites that finish in the money") is also incorrect because the mean is an average and may not represent an exact value. It is possible that the average is a fractional number, which would not represent an exact count of favorites.
Therefore, option D is the correct interpretation of the mean in this context.
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which term is used to describe the hierarchy of tasks to be done to complete a project?
Answers
Hi! The term used to describe the hierarchy of tasks to be done to complete a project is called a "Work Breakdown Structure" (WBS).
The WBS is a critical project management tool that breaks down a project's scope into smaller, manageable tasks. It organizes these tasks into hierarchical levels, starting from the overall project goal and then branching out into sub-tasks, activities, and work . By creating a clear and comprehensive structure, the WBS helps ensure that all project objectives are addressed, resources are allocated effectively, and the project timeline remains on track. Additionally, the WBS facilitates communication and collaboration among team members, allowing them to understand their roles and responsibilities better.
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9.3 From the following trial balance of G Still, draw up a trading and profit and loss account for the year ended 30 September 20X9, and a balance sheet as at that date. Stock 1 October 20X8 Carriage outwards Carriage inwards Returns inwards Returns outwards Purchases Sales Salaries and wages Warehouse rent Insurance Motor expenses Office expenses Lighting and heating expenses General expenses Premises Motor vehicles Fixtures and fittings Debtors Creditors Cash at bank Drawings Capital Stock at 30 September 20X9 was £44,780. Dr £ 41,600 2,100 3,700 1,540 188,430 61,400 3,700 1,356 1,910 412 894 245 92,000 13,400 1,900 42,560 5,106 22,000 484,253 Cr £ 3,410 380,400 31,600 68,843 484,253
Answers
The trading and profit and loss account shows a loss of £221,227 for the year ended 30 September 20X9. The balance sheet indicates that the company has net assets of £81,556, which is equal to the capital invested by the owner.
Trading and Profit and Loss Account for the year ended 30 September 20X9:
Revenue:
Sales: £61,400
Less: Cost of Goods Sold:
Opening Stock: £41,600
Purchases: £188,430
Carriage Inwards: £2,100
Less: Returns Outwards: £1,540
Carriage Outwards: £3,700
Closing Stock: £44,780
Cost of Goods Sold: (£41,600 + £188,430 + £2,100 - £1,540 - £3,700 - £44,780) = £182,110
Gross Profit: (Sales - Cost of Goods Sold) = (£61,400 - £182,110) = -£120,710 (Loss)
Operating Expenses:
Salaries and Wages: £3,700
Warehouse Rent: £1,356
Insurance: £1,910
Motor Expenses: £412
Office Expenses: £894
Lighting and Heating Expenses: £245
General Expenses: £92,000
Total Operating Expenses: (£3,700 + £1,356 + £1,910 + £412 + £894 + £245 + £92,000) = £100,517
Net Profit before Interest and Taxes: (Gross Profit - Total Operating Expenses) = (-£120,710 - £100,517) = -£221,227 (Loss)
Balance Sheet as at 30 September 20X9:
Assets:
Premises: £13,400
Motor Vehicles: £1,900
Fixtures and Fittings: £42,560
Debtors: £5,106
Cash at Bank: £22,000
Total Assets: (£13,400 + £1,900 + £42,560 + £5,106 + £22,000) = £84,966
Liabilities:
Creditors: £3,410
Net Assets: (Total Assets - Creditors) = (£84,966 - £3,410) = £81,556
Capital: £81,556
The trading and profit and loss account shows a loss of £221,227 for the year ended 30 September 20X9. The balance sheet indicates that the company has net assets of £81,556, which is equal to the capital invested by the owner.
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Type the correct answer in the box. Spell all words correctly.
Ideally, what should more than one member of the family contribute to for a better financial position?
A family can have more than one person contributing to the household _______
for a better financial position.
Answers
A family can have more than one person contributing to the household income for a better financial position.
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A monopolistic competitor maximizes profit by producing 175 units at a marginal cost of $7. The average cost to produce is $14 per unit, and the firm can sell its output at a price of $16.
What is the total profit this firm earns?
Answers
Answer:
343
Explanation:
x=175
(14x+7)=2,457 the cost of everything
16x=2800
2800-2457=343
According to the question, the total profit of this firm earns in per unit is $2 and profit which they earn in 175 units is $350.
What is Profit maximization in monopolistic competition?In the monopolistic competition, organisation maximizes its total profit by equating marginal cost to marginal revenue and solving for the price of one product and the quantity it must produce.
In this process, a monopolistic competitor chooses its profit - maximizing quantity and price resembles closely how a monopoly makes these decisions process.
Therefore,
Profit / Unit = Price / Unit - Cost / Unit
so, the price per unit = $16 and the cost per unit = $14
Here, the profit per unit is $2 and total earns profit is $350.
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an employee can be dismissed if their job surplus to requirements' outline why this state ment is false
Answers
Apple computer manufacturing in China who has known human rights violations
Answers
A study issued on Sunday by China Labor Watch, a non-profit advocacy organization, accused Apple and its manufacturing partner Foxconn of a slew of labor infractions, including withholding incentive payments, reducing safety training, and hiring more temporary employees than China's regulations to allow. All of these are considered Human Rights Violations.
What are human rights violations?Human rights breaches include allegations of genocide, crimes against humanity, and war crimes.
Note also that Human rights are "rights inherent in all human beings" that a state must safeguard and promote. When a state fails to promote and enhance human rights, it violates them.
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If you invested $250 at 16% how much will have after 4.5 years
Answers
Answer:
$180
Explanation:
$250 * 0.16 * 4.5 = $180
Answer:
it depends on how often it's compounded
yearly:
The final balance is $487.53.
The total compound interest is $237.53.
semi-annually:
The final balance is $499.75.
The total compound interest is $249.75.
quarterly:
The final balance is $506.45.
The total compound interest is $256.45.
bi-monthly:
The final balance is $508.79.
The total compound interest is $258.79.
monthly:
The final balance is $511.17.
The total compound interest is $261.17
bi-weekly:
The final balance is $512.48.
The total compound interest is $262.48.
weekly:
The final balance is $513.04.
The total compound interest is $263.04.
daily:
The final balance is $513.53.
The total compound interest is $263.53.
continuous:
The final balance is $513.61.
The total compound interest is $263.61.
Explanation:
hope this helps:)
How can I catch Tyranitar in Pokemon Swords?
Answers
Answer:
Explanation:
result for How can I catch Tyranitar in Pokemon Sword?
Tyranitar Location in Pokemon Sword & Shield: You can find Tyranitar in the following locations:
Shield Edition: From evolving Pupitar (at Level 55)
Shield Edition: It's a special encounter in the middle of Dusty Bowl (Wild Area, where the sand is).
since improved technology continually lowers the cost of discovering and producing oil, how can rising oil prices in recent years be explained? prices always rise when supply shifts down and to the right. this is evidence against the supply and demand model. demand has increased more than supply has increased, raising prices. oil is one of the few commodities that do not follow the supply and demand model.
Answers
The rising oil prices in the recent years can be explained as demand has increased more than the supply has increased, raising prices.
What is demand?Demand refers to the willingness and ability of consumers to purchase goods and services in a given market. It is an essential factor that determines the price and quantity of a product available in the market. The demand for a product depends on several factors, including income, preferences, and the availability of substitute products. The demand curve is graphical representation of relationship between price of product and quantity demanded. An increase in demand for a product leads to an increase in its price, and vice versa. The demand for a product may also vary based on seasonal changes, economic trends, and market competition. In summary, demand represents the amount of a product that consumers are willing to purchase at a given price, and it plays a crucial role in shaping the market for goods and services.
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One reason for the existence of agency problems between managers and stockholders is that?
Answers
One reason for the existence of agency problems between managers and stockholders is that there is a separation of ownership and control of the firm. (option b)
What is agency problems?Agency problems arise in public firm where the owners of the firm are not the ones managing it. Agency problems occur because the interest of managers and owners (stockholders) are not aligned.
Non-alignment of interest would lead mangers to take actions that are not in the best interest of the stockholders. In order to reduce agency problems, steps that would align the interest of managers and stockholders can be taken. For example, the compensation of managers can be tied to the value of stocks.
Here are the options:
) managers know how to manage the firm better than shareholders.
B) there is a separation of ownership and control of the firm.
C) shareholders have unreasonable expectations about managerial performance.
D) none of these.
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Identifying the problem, explaining why the issue is important, setting goals, pinpointing targets and tactics, and identifying allies are among the fill in blank strategy of HRW
Answers
Strategies in the human resources sector are responsible for managing the company's human capital, identifying problems and allies, setting goals, pointing out targets and tactics that will make the company's culture stronger.
Some HR functions are:
Manage internal relationships.Carry out recruitment and selection processes.Manage changes.Develop training and development programs.Human capital is the most precious resource of organizations, since the business environment is increasingly competitive, and therefore the set of knowledge and learning in a company will be the factor to develop creativity and innovation.
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Answer:
Advocacy
Explanation:
Advocacy
Sales (4,000 units) $ 192,000
Variable expenses 115,200
Contribution margin 76,800
Fixed expenses 62,500
Net operating income $ 14,300
The break-even point in dollar sales is closest to:_____.
Answers
To calculate the break-even point in dollar sales, we need to determine the sales volume at which the company's net operating income is zero. In other words, it is the point at which the contribution margin equals the fixed expenses.
Break-even point (in dollar sales) = Fixed expenses / Contribution margin
Using the given values:
Fixed expenses = $62,500
Contribution margin = $76,800
Break-even point (in dollar sales) = $62,500 / $76,800 ≈ 0.8138
Rounding to the nearest dollar, the break-even point in dollar sales is approximately $0.81 million.
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Firm K has a margin of 15%, turnover of 2.0, and sales of $2,100,000. Required: Calculate Firm K's net income, average total assets, and return on investment (ROI). Firm K has a margin of 15%, turnover of 2.0, and sales of $2,100,00 Required: Calculate Firm K's net income, average total assets, and return on rmK has a margin of 15%, turnover of 2.0, and sales of $2,100,000. equired: alculate Firm K's net income, average total assets, and return on investment (RO
Answers
- Firm K's net income is $315,000.
- The average total assets are $1,050,000.
- The return on investment (ROI) is 30%.
Firm K's net income can be calculated by multiplying its margin by its sales. In this case, the margin is 15% or 0.15 and the sales are $2,100,000. So, the net income would be 0.15 * $2,100,000 = $315,000.
Average total assets can be calculated by dividing the sales by the turnover. The turnover is given as 2.0 and the sales are $2,100,000. Therefore, the average total assets would be $2,100,000 / 2.0 = $1,050,000.
Return on investment (ROI) can be calculated by dividing the net income by the average total assets. The net income is $315,000 and the average total assets are $1,050,000. So, the ROI would be $315,000 / $1,050,000 = 0.3 or 30%.
These calculations help us understand the financial performance of Firm K. The net income represents the profit generated by the firm after deducting all expenses. The average total assets show the investment made by the firm in its assets to generate sales. Finally, the ROI indicates the profitability of the firm's investments, with a higher percentage indicating better performance.
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Larry is a long-time client of your tax firm. He owns a rental property in Southern California that he purchased 15 years ago for $250,000. The neighborhood surrounding the rental house is going downhill; however, his real estate agent tells him he can still get $800,000 for it in today’s market. His gain on sale of the rental house is about $700,000 (tax basis is $100,000 = cost less depreciation) which will mean a very sizeable tax bill on sale. He has always enjoyed spending time in Mexico and has found a property there that he can buy and turn into a rental. The Mexico property costs $1 million. Larry was reading a business magazine recently and saw something about a tax-free exchange. He can only afford the Mexico house if he can avoid paying tax on the sale of his current rental property. He has asked you to research the availability of the tax-free exchange for him. In answering this question, use CCH AnswerConnect with only the Internal Revenue Code database selected. It is from Section 1031
Prepare a brief Research Memo to respond to this question
Format : facts, issue, analysis, and conclusion
Answers
Subject: Research Memo - Availability of Tax-Free Exchange for Long-Time Client
Facts:
- Larry is a long-time client of our tax firm.
- He owns a rental property in Southern California purchased 15 years ago for $250,000.
- The neighborhood surrounding the rental house is declining, but the real estate agent suggests it can be sold for $800,000 in today's market.
- Larry's gain on the sale of the rental property is approximately $700,000, considering a tax basis of $100,000 (cost less depreciation).
- Larry wants to purchase a rental property in Mexico worth $1 million.
- He has come across information about a tax-free exchange and wants us to research its availability.
Issue:
- The issue at hand is whether a tax-free exchange, as outlined in Section 1031 of the Internal Revenue Code, is available for Larry's situation.
Analysis:
- Section 1031 of the Internal Revenue Code allows for tax-free exchanges of certain properties.
- To qualify for a tax-free exchange, the properties involved must be of like-kind, which generally refers to real property used for investment or business purposes.
- The replacement property must also be identified within 45 days of selling the original property, and the exchange must be completed within 180 days.
- However, personal residences or properties held primarily for sale (inventory) are not eligible for tax-free exchanges.
Conclusion:
- Based on the provided information, Larry's rental property in Southern California and the potential rental property in Mexico may qualify for a tax-free exchange under Section 1031.
- It is crucial to ensure that both properties meet the requirements of like-kind and are held for investment or business purposes.
- Larry should consult with a tax professional to confirm eligibility, as specific details of the properties and their usage may affect the availability of a tax-free exchange.
- We recommend providing Larry with this analysis and advising him to seek personalized guidance regarding his specific situation.
Please let me know if you need any further assistance.
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. If the government wishes to reduce unemployment and lower interest rates, which policy combination will be most effective?
A) Increasing government spending and lowering taxes
B) Central bank buying government bonds and increasing government spending
C) Central bank buying government bonds, and the central bank lowering the discount rate
D) Increasing government spending, and the central bank lowering the required reserve ratio
E) Central bank selling government bonds and increasing government spending
Answers
Which type of business does not hold owners accountable for the debts of
the business?
OA. Sole proprietorship
OB. LLC
OC. Partnership
A
OD. Private company
Answers
Answer:
Limited Liability Company (LLC)
Explanation:
A limited Liability Company (LLC) is a business structure in the United States that protects its owners from the personal responsibility for its repayment of debts and liabilities. It is a hybrid entity that has the characteristics of a corporation, partnership and sole proprietorship. The regulation of LLC's varies from one state to another. An entity or individual can be a member of an LLC with notable exceptions from banks and insurance companies. The primary reason for registering a business under LLC is to limit the personal liability of the owners as well as the partners. LLC may have some attractive features but they also possess some great disadvantages as well. Depending upon the state law, an LLC may be dissolved upon the death or bankruptcy of a member.