A bagel shop that decides to open up an hour earlier every morning is taking advantage of a ________ opportunity.A) market penetrationB) diversificationC) retail format developmentD) market depletionE) market divestment
Answers
A bagel shop that decides to open up an hour earlier every morning is taking advantage of a market penetration opportunity. Market penetration refers to the strategy of increasing sales of existing products in existing markets. Option A.
In this case, the bagel shop is not introducing any new products or entering new markets. Instead, it is simply expanding its operating hours to capture more sales from its existing customers.
By opening up an hour earlier, the bagel shop can cater to customers who prefer to have breakfast earlier in the day. This can help the shop capture a larger share of the breakfast market in its area. Additionally, by being open earlier, the shop may be able to attract customers who were previously going to other breakfast places that open earlier.
Market penetration is a common strategy for businesses looking to grow sales without making significant changes to their products or markets. It is generally considered a lower risk strategy compared to diversification or entering new markets, as the business is leveraging its existing strengths and resources to increase sales. Overall, the bagel shop's decision to open up earlier is a smart move to capitalize on a market penetration opportunity. Option A.
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Related Questions
Name three tasks a military police personnel stationed at a detention facility might be responsible for on any given day.
Answers
Will the grading period effect what college you will go to later on?
A (True)
B (False)
Answers
Answer: A
Explanation:
Answer:
NO
Explanation:
Operations management is only about being as cost-effective as possible.
O True
O False
Answers
Answer:
True
Explanation:
Any kind of practice which allows a business or other organization to maximize the use of their inputs by developing products at a faster pace than competitors or reducing defects, for example.
Breton Woods Standards were found to be inadequate mainly because
Answers
Answer:
A key reason for Bretton Woods' collapse was the inflationary monetary policy that was inappropriate for the key currency country of the system.
Explanation:
The US decision to suspend gold convertibility ended a key aspect of the Bretton Woods system. The remaining part of the System, the adjustable peg disappeared by March 1973.
which is an example of a monthly fixed cost for a sandwich shop?
Answers
A monthly fixed cost for a sandwich shop is the lease payment for the premises.
What is the lease payment for the premises?The lease payment for the premises refers to the monthly amount the sandwich shop owner pays to rent the space where the business operates. It is a fixed cost that remains the same regardless of the shop's sales or production levels.
The lease payment typically covers the rental of the physical location, including utilities, maintenance fees, and sometimes property taxes.
In order to run a sandwich shop, a physical space is required. This space is usually leased from a landlord, and the lease agreement includes a monthly payment.
This payment is a fixed cost because it remains constant over a specific period, such as a month. It is important for the sandwich shop owner to factor in this fixed cost when calculating the overall expenses and determining the profitability of the business.
Failing to make the lease payment can result in eviction or legal consequences, highlighting the significance of this fixed cost for the sandwich shop.
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You deposit $1,500 in a bank where you have a savings account. The bank
pays you an interest of 5% per month. But later, the bank reduces the
interest rate from 5% to 3%, and that reduces your interest earnings from
$75 to $45.
What kind of risk explains the given situation?
Answers
Interest rate risk is the risk that arises for fixed-rate investments from fluctuating interest rates. How much interest rate risk a fixed-rate investment has depends on how sensitive its price is to interest rate changes in the market.
in which type of political system would you expect a person to live in grinding poverty for years
Answers
In a communist country it is said that everyone is treated fairly. This is a good practice, but normally this is not the case and people end up being poor because of government corruption.
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A broadcasting corporation purchased equipment worth P53,000 and paid P1500 for freight and delivery charges to the site. The equipment has a normal life of 10 years with a trade in value of P5,000 against the purchase of new equipment at the end of life.
a. Determine the annual depreciation cost by the straight line method
b. Determine the annual depreciation cost by the sinking fund method. Assume
interest is 6% compounded annually.
Answers
a. The annual depreciation cost by the straight-line method is P4,800.
b. The annual depreciation cost by the sinking fund method is approximately P5,191.77.
a. To calculate the annual depreciation cost using the straight-line method, we subtract the trade-in value from the initial cost and divide it by the useful life. In this case, (P53,000 + P1,500 - P5,000) / 10 = P4,800.
b. The sinking fund method involves setting aside money annually to accumulate a specific amount by the end of the asset's useful life. We need to calculate the annual contribution required to accumulate the trade-in value of P5,000 in 10 years with an interest rate of 6% compounded annually. By using the formula for the sinking fund, the annual depreciation cost is approximately P5,191.77.
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Help this is super confusing
Answers
Answer: Reasons
Explanation: Crystals are collected for jewelry, sugar, salt, computer chips. So if it shows you all those examples it would be collected for many reasons. I hope this helped!
Deb, a licensee, is unhappy with the marketing materials a local company produced. While having coffee with Irving, a licensee with another firm, she tells him about her troubles and recommends he not do business with this company. Irving agrees and even volunteers to spread the word among his colleagues. What's this an example of
Answers
Explanation:
What would be considered evidence of the agency relationship between broker and seller? The listing agent is informed by the seller that, when it rains, the basement gets wet. The agent says nothing to the buyer. ... The agent may be liable to the seller for breach of duty.
a company needs to rapidly adjust its it resources to meet changing demand and minimize costs as it expands its operations. which feature is most important for the company to achieve this goal rapidly?
Answers
In order to rapidly adjust IT resources to meet changing demand and minimize costs as it expands its operations, the most important feature for a company to achieve this goal rapidly is scalability.
Scalability is the ability of a software application or system to handle a growing number of users, operations, and data volumes without causing system failure. It allows the software to expand its operations as the company grows and changes over time, which is crucial for business development.
In simple terms, scalability is the system's capacity to manage an increase in data processing, storage, and users without compromising its effectiveness, reliability, or availability. To meet changing demand and minimize costs as it expands its operations, the company should focus on scalability. Scalability is the ability of the company's IT resources to quickly expand or shrink in response to changes in demand without compromising the performance or reliability of their operations.
The features of scalability that are most important to the company include the ability to quickly add or remove computing resources, use redundant components to reduce downtime and use automation to increase efficiency.
Therefore, in order to meet the changing demand and minimize costs as it expands its operations, the most important feature for the company to achieve this goal rapidly is scalability.
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a large and fundamental division within a religion is a
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A large and fundamental division within a religion is a schism. Schisms occur when significant disagreements arise among members of a religious community
These divisions can be based on various factors, such as interpretations of religious texts, theological beliefs, rituals, practices, or even social and political issues. Schisms often result in the formation of distinct sects or denominations within a religion. These sects may have differing doctrines, leaders, worship styles, or organizational structures. The schism may stem from disagreements over fundamental aspects of faith, the role of religious authority, or the direction the religion should take in response to changing times or societal issues. Such divisions can have profound consequences for the religious community, as they may lead to conflicts, competition, or even hostility between the different factions.
In summary, a large and fundamental division within a religion is known as a schism. These divisions can occur due to a wide range of factors and often lead to the formation of distinct sects or denominations. Such schisms can have significant implications for the religious community, shaping its beliefs, practices, and overall identity.
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how has technology changed communication over the past decade?
Answers
Answer:
Explanation:
Advancements in technology and changes in communication generally go hand in hand. Landlines displaced the telegraph and cell phones replaced landlines. The arrival of the internet opened new doors of personal communication. E-mails replaced postal mails and social media took the place of text messages
a t-bill with face value $10,000 and 95 days to maturity is selling at a bank discount ask yield of 4.2%. required: a. what is the price of the bill?
Answers
In a situation where a t-bill with face value $10,000 and 95 days to maturity is selling at a bank discount ask yield of 4.2%, then the price of the bill will be $9,889.17.
What is the significance of bank discount?A bank discount can be referred to or considered as the service offered by a bank to grant the amount of a T-bill to the customer, and hold the right to collect the actual amount of T-bill upon its maturity.
From the given information and formula, it can be ascertained that
Bank Discount = Rate x (Days / 365)
Bank Discount = 0.0420 × (95/365) = 0.011
Solving further, the price of the T-bill according to its face value will be,
Price = Face value x (1 – bank discount)
Price = 10000 x (1 – 0.011)
Price = $9,889.
Therefore, the significance regarding the bank discount has been aforementioned.
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You just graduated from college and you finally opened up that monthly credit card bill you've been avoiding. It turns out that your outstanding balance is $10,000 ! Resolving to get this problem behind you, you decide to allocate $200 of your monthly budget to a payment on this credit card (you also resolve not to use the card any longer). If the credit card has an annual interest rate of 18.9%, how long will it take you to pay off this loan? (We will give you a break and assume interest is compounded monthly - and not daily or continuous compounding which is more likely.)
Answers
It will take approximately 84 months (or 7 years) to pay off the credit card loan by making monthly payments of $200, assuming no additional charges are added to the balance.
To calculate the time it will take to pay off the credit card loan, we can use the formula for the number of periods required to reach a future value with monthly compounding. In this case, the future value we want to reach is zero, indicating that the loan will be fully paid off. Here are the details we have: Outstanding balance (present value): $10,000 Monthly payment: $200 Annual interest rate: 18.9% (compounded monthly) To find the time required, we'll use the following formula: n = -(log(1 - (r * PV) / PMT)) / log(1 + r) Where:
n = Number of periods (months)
PV = Present value (outstanding balance)
PMT = Monthly payment
r = Monthly interest rate (annual rate divided by 12 and converted to decimal)
Let's calculate:
PV = $10,000
PMT = $200
r = 18.9% / 12 / 100 = 0.0189 / 12 = 0.001575 (monthly interest rate)
n = -(log(1 - (0.001575 * 10000) / 200)) / log(1 + 0.001575)
Using a calculator or spreadsheet, we can find that the value of n is approximately 83.65. Since n represents the number of months, we'll round up to the nearest whole month. Therefore, it will take approximately 84 months (or 7 years) to pay off the credit card loan by making monthly payments of $200, assuming no additional charges are added to the balance.
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Suppliers that dump toxic chemicals, emit air pollution, or reduce biodiversity have little impact on the lead firm that buys their products. A)True B)False
Answers
Suppliers that dump toxic chemicals, emit air pollution, or reduce biodiversity have little impact on the lead firm that buys their products.
which can result in product recalls and lawsuits. Furthermore, such suppliers can create supply chain disruptions by delaying or cancelling shipments or by failing to meet quality and safety standards.To mitigate these risks, many firms have begun to implement sustainable supply chain management (SSCM) practices. SSCM is the process of integrating sustainability principles into all aspects of supply chain management, from procurement to delivery.
suppliers who engage in irresponsible business practices such as dumping toxic chemicals, emitting air pollution, or reducing biodiversity have a significant impact on the lead firm that purchases their products. To avoid supply chain disruptions, legal sanctions, and reputational harm,
firms must implement sustainable supply chain management practices and work collaboratively with their suppliers to improve environmental, social, and economic performance. Therefore, the statement "Suppliers that dump toxic chemicals, emit air pollution, or reduce biodiversity have little impact on the lead firm that buys their products" is false.
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You are in charge of marketing a small business with a limited budget but need to reach as many customers as possible. how ads can help
Answers
Ads can help a small business with a limited budget reach a wider audience by increasing brand visibility, attracting new customers, and promoting products or services effectively.
Ads can be a valuable tool to reach a wide customer base, even with a limited budget. Here's how they can help:
1. Targeted advertising: By identifying your target audience, you can create ads that are specifically tailored to their interests and needs.
This ensures that your message resonates with the right people, increasing the chances of converting them into customers.
2. Cost-effective options: With a limited budget, it's important to choose cost-effective advertising options.
Consider digital advertising platforms like social media ads, search engine ads, or display ads.
These channels often offer flexible budgeting options and allow you to track your ad performance in real-time.
3. Creativity and storytelling: Even with limited resources, ads provide an opportunity to showcase your brand's story and values.
Be creative in your messaging and visuals to make your ads memorable and engaging for your target audience.
4. Word-of-mouth promotion: Ads can generate buzz and interest, leading to word-of-mouth promotion.
Encourage your customers to share their positive experiences with your brand, which can amplify your reach without additional ad spend.
Remember, the key is to focus on targeting, cost-effectiveness, creativity, and leveraging the power of word-of-mouth to maximize your limited budget's impact.
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What is the significant about the topmost layer in a container?
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A container-running programme is limited to changing the top layer. It takes specific access rights to read from or write to the topmost layer.
What is distinctive about a container's top layer?The application code and additional files it requires to function, such as library dependencies and associated configuration files, make up the top layer of the containerization architecture. A thin guest operating system that is put on top of the host operating system may also be present in this layer.A container-running programme is limited to changing the top layer. It takes specific access rights to read from or write to the uppermost layer. When the container is not operating, the contents of the uppermost layer are lost.The autonomous administration of containers is made possible by a software technique called container orchestration. Due to the possibility of an application including hundreds of microservices in their separate containers, this is essential for the creation of contemporary cloud applications.Learn more about topmost layer in a container refer to ;
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You are using a classification model for stakeholders’ analysis that groups the stakeholders based on their level of authority and their level or concern regarding the project outcomes. This is known as:
Group of answer choices
Power/influence grid.
43) Generally, a bid differs from a proposal in that the term:
Group of answer choices
Bid is used when the seller selection decision will be based on price.
Bid is used when technical capability or technical approach are paramount.
Proposal is used when the selection decision will be based on price.
Proposal is used when the project time frame is limited.
Influence/impact grid.
Power/interest grid.
Salience model.
42) A thorough analysis of the ____________ will help identify potential risks to the project.
Group of answer choices
Risk identification checklist based on historical information and knowledge
Project's change control system
Project's mission statement
Project's schedule and budget
Answers
1. You are using a classification model for stakeholders’ analysis that groups the stakeholders based on their level of authority and their level or concern regarding the project outcomes. This is known as Salience model. Therefore, the correct option is D.
2. Generally, a bid differs from a proposal in that the term as bid is used when the seller selection decision will be based on price. Therefore, the correct option is A.
3. A thorough analysis of the risk identification checklist based on historical information and knowledge will help identify potential risks to the project. Therefore, the correct option is A.
1. Salience model is a classification model used for stakeholders’ analysis that groups the stakeholders based on their level of authority and their level of concern regarding the project outcomes. It prioritizes stakeholders according to their power (influence), legitimacy (authority), and urgency (level of concern). The model aids in the identification of the most important stakeholders who require the most attention and engagement. Hence, the correct answer is option D.
2. In general, a bid differs from a proposal in that the term "bid" is used when the seller selection decision will be based on price, whereas "proposal" is used when the selection decision will be based on technical capability or approach. Hence, the correct answer is option A.
3. A thorough analysis of the risk identification checklist based on historical information and knowledge will help identify potential risks to the project. This checklist provides a list of potential risks based on experience from similar projects in the past, which will aid in identifying risks before they occur.
The other options (Project's change control system, Project's mission statement, and Project's schedule and budget) are important elements of project management, but they do not directly assist in identifying potential risks. Hence, the correct answer is option A.
Note: The question is incomplete. The complete question probably is: 1. You are using a classification model for stakeholders’ analysis that groups the stakeholders based on their level of authority and their level or concern regarding the project outcomes. This is known as: Group of answer choices A) Power/influence grid. B) Influence/impact grid. C) Power/interest grid. D) Salience model.
2. Generally, a bid differs from a proposal in that the term: Group of answer choices A) Bid is used when the seller selection decision will be based on price. B) Bid is used when technical capability or technical approach are paramount. C) Proposal is used when the selection decision will be based on price. D) Proposal is used when the project time frame is limited.
3. A thorough analysis of the ____________ will help identify potential risks to the project. Group of answer choices A) Risk identification checklist based on historical information and knowledge. B) Project's change control system. C) Project's mission statement. D) Project's schedule and budget.
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Question 9 of 10
How do standards act as barriers to trade?
A. They set limits on the total amount of imported goods.
B. They force imported goods to meet certain criteria.
C. They tax imported goods in order to increase their price.
D. They use government funds to lower the cost of domestic goods.
SUBMIT
Answers
Answer:
A. They set limits on the total amount of imported goods.
Explanation:
Just took the test and it was this!!
Standards act as barriers to trade because they tax imported goods in order to increase their price. Thus, option (c) is correct.
What is trade?
The process of buying and selling commodities and services is referred to as “trade.” Trade is a form of economic activity.
The tax on imported goods and services, which is an adverse effect of raising product prices, is the biggest obstacle to trade. As prices rise, there will be a shortage of goods.
Therefore, option (d) is correct.
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Identify a way that a budget can help business people make better decisions.
Answers
Budget gives business people a range of limited money to work with, meaning that they only have so much and no space for bad decisions. Bad decisions will then influence their way of understanding of limit and learn from it. This then pushes business people to make better decisions. Better decisions help them make more profit, increasing their budget.
The first thing that a budget gives to a management team is broader perspective. Before moving forward, an assessment has to be made about where your business stands. The first step in developing a budget is to examine your business's current financial standing. This will give you an idea of where you are in terms of daily operations, of the market as a whole and of plans for expansion and growth. Determining available funds means taking account of where all of your resources are currently being used. Some resources may be tied up in necessary expenditures, while others might be free or negotiable for use in new developments.
The real goal of budgeting is to develop short- and long-term plans. No business intends to stagnate. By carefully assessing your current standing, you have the tools to look into your future plans. Budgeting helps you and your team see what kinds of expansion would be realistic. In other cases, budgeting might reveal areas of wasteful spending that, if cut out, could help you move forward with longer-term projects. Budgeting is valuable here, because it gives you an idea of what is possible. That way, you don't embark on projects that are beyond your means or avoid expansion that is actually possible through reorganization.
The heartbeat of a business is its day-to-day operational expenses. You might want to expand into another country or open a new store, but if you’re having trouble paying your staff, that is out of the question. Budgeting can help you section off funds for daily expenses so that your business can stay afloat during rough times. Budgeting will also help you find the cheapest way to finance your day-to-day business. For example, there is no reason to get tied up in loans and interest to meet basic expenses if you are able to pay for them, interest free, out of your earnings. Budgeting allows you to streamline your business and eliminate roadblocks to growth.
A sweatshop is an example of an ethlcal mode of production.
True or False
Answers
Answer:
False
Explanation:
Which of the following would help a hiring manager determine whether a
recruiting resource is effective?
A. Comparing the diversity of internal versus external candidates
B. Comparing retention and turnover results from different recruiting
sources
C. Comparing salaries at multiple corporations
D. Creating job listings on multiple social media sites
Answers
Question #1
Multiple Choice
What is it called when a small number of companies control more than 40 percent of a market?
O monopoly
O oligopoly
O competitive market
duopoly
Question # 2
Fill in the Blank
Answers
Answer:
Oligopoly.
Explanation:
An oligopoly can be defined as a market structure comprising of a small number of firms (sellers) offering identical or similar products, wherein none can limit the significant influence of others.
Hence, it is a market structure that is distinguished by several characteristics, one of which is either similar or identical products and dominance by few firms.
The characteristics of an oligopolistic market structure are;
1. Mutual interdependence between the firms.
2. Market control by many small firms.
3. Difficult entry to new firms.
According to the concentration ratio, when a small number of companies control more than 40 percent of a market, it is called an oligopoly.
how can technology boost prosuctivity in ur business
Answers
Technology has transformed the way businesses operate, enabling them to increase efficiency, save time and resources, and ultimately boost productivity. Here are some ways technology can help businesses achieve this:
Automation: Technology can automate repetitive tasks, such as data entry, invoicing, and payroll processing, freeing up valuable time for employees to focus on more important tasks. Collaboration: Technology enables employees to collaborate and communicate more effectively, regardless of their location, through tools such as video conferencing and instant messaging.
Cloud Computing: Cloud computing allows businesses to store and access data and applications from anywhere, at any time, providing flexibility and accessibility to employees.Analytics: Technology can provide businesses with insights into their operations through data analytics, allowing them to identify areas for improvement and make data-driven decisions.
Mobile devices: Mobile devices have enabled employees to work on the go, allowing them to be productive even when they're away from the office.In conclusion, technology can significantly boost productivity in businesses by automating tasks, enabling collaboration and communication, providing flexibility, delivering data insights, and facilitating remote work. As technology continues to evolve, businesses must stay up-to-date with the latest tools and trends to remain competitive and productive.
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who buys and sells stocks on the exchange
Answers
Answer:
i do
Explanation:
Seed capital pays for which of the following?
A. Operating expenses for the first year of a new business
B. Expanding production and advertising budgets
C. Funding for research and development of a business idea
D. Competitive wages for high-tech workers
Edit: It's C
Answers
Answer:
It's C !
Explanation:
Hope you have a good day!
Seed capital pays for: C. Funding for research and development of a business idea.
The seed capital pays for market research for initial steps of product development. For example, development of the prototype or paying for all operating expenses like legal costs.
Seed capital provides operating expenses for the entire process of business. Hence, A is incorrect.
It has no role directly in the expansion of production and advertising budgets. Hence, B is incorrect.
It has no role in decision of competitive wages for high tech workers. Hence, D is incorrect.
Hence, C is correct option.
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an important similarity between a monopolistically competitive firm and a pure monopolist is that both:
Answers
Main answer: An important similarity between a monopolistically competitive firm and a pure monopolist is that both can earn economic profits in the short run.
Supporting explanation: monopolistically competitive firms and pure monopolists both have some degree of market power, which allows them to set prices above marginal cost and earn economic profits. In a monopolistically competitive market, firms differentiate their products through branding, advertising, and other marketing efforts, creating product differentiation that allows them to charge higher prices than would be possible in a perfectly competitive market. In a pure monopoly, there is only one product or service supplier, giving the monopolist complete control over the price. While there are some differences between the two market structures, such as the ease of entry for new firms, both can earn economic profits in the short run if they are able to exploit their market power.
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Which action, taken by a leader, would promote a constructive climate?a. promoting individuality over processesb. limiting feedback to employeesc. decentralizing powerd. building cohesiveness
Answers
The action, taken by a leader, that would promote a constructive climate is c. decentralizing power.
What is constructive climate?Constructive climate refers to an environment where individuals are encouraged to communicate effectively and work collaboratively towards a common goal or objective. In the context of climate, a constructive climate refers to an atmosphere where people are motivated to work towards reducing the negative impact of human activities on the environment.
A constructive climate involves fostering open and honest communication, active listening, and the ability to give and receive feedback in a non-threatening way. It also involves creating an atmosphere of mutual respect, trust, and support, where people are encouraged to share ideas and contribute to decision-making.
In the context of climate change, a constructive climate involves acknowledging the impact of human activities on the environment, and working collaboratively to find solutions to reduce these impacts. It involves encouraging and supporting initiatives that promote sustainability, conservation, and the responsible use of resources.
Creating a constructive climate requires a concerted effort from all stakeholders, including governments, businesses, organizations, and individuals. It involves promoting awareness, education, and engagement to inspire positive action towards a sustainable future.
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n 2022, jayden gave olivia a parcel of real estate after she agreed to marry him. the real estate was valued at $39,750 on the date of the gift. what is the amount of the taxable gift?
Answers
The amount of the taxable gift deducted after Jayden gave the real estate to Olivia is $0.
In accordance with estate and gift tax regulations, neither spouse will be required to pay estate or gift taxes if real estate is transferred between spouses.
In this instance, Jayden, who is married, gives his wife Phyllis real estate worth $59,750.
Since there will be a 100% deduction available for this transfer, there will be no taxable gift in the amount of $0.
The gift is offset by the marital deduction if Jayden and Olivia get married by year's end, so the right answer for the same is $0 instead.
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