Answer: Long -term capital gain
Step-by-step explanation:
Serena is single, so based on the Taxpayer Relief Act of 1997, she would pay no capital gains tax on the first $250,000 gain.
Therefore, $300,000 - $250,000 = $50,000
<em>The remaining $50,000 gain is taxable because of her being single and it has been her principal residence for three years.</em>
Answer:
The store paid 6.67 times the profit made on the jeans
Step-by-step explanation:
Let the amount the clothing store pay for Jean be X
Let the amount the clothing store sells Jean be Y = X ×1.15
The profit (P) made is the difference between amount the clothing store sells Jean and the amount paid for Jean = Y - X = 1.15X - X
Profit (P) = 0.15X
X = P/0.15 = 6.67P
Therefore, the store paid 6.67 times the profit made on the jeans
Answer:
Curly fries=$2.29 per order
Bacon=$4.79 per order
Step-by-step explanation:
let b denote bacon and f denote curly fries.
We represent the situations using inequalities as:
#we make f the subject of the formula in ii and substitute in i:
Hence, one order of curly fries costs $2.29 and one order of bacon costs $4.79
Answer:
Step-by-step explanation:
The equation of a line can be easily found from the graph. First, find two points on the line that intersect points on the graph, then plot the changes in the two axis in this manner (change in y)/(change in x), or rise/run. Thus, the slope of this line is 5/3. Then, the b in y = mx + b is simply when the line intersects the y-axis, in this case -5. Thus, the equation of the line is
y = -5/3x - 5
Hope it helps <3
(If it does please mark brainliest ._. :) )
