In Each of the Following Cases,determine the Amount of Realized

question 84

Essay

In each of the following cases,determine the amount of realized gain or loss and the recognized gain or loss:
a.Silvia sells her house for $100,000 and she pays $8,000 in commissions on the sale.She paid $110,000 for the house 2 years earlier.

b.In July 2012,Carmen,who is single,is transferred to Dallas.She had purchased a new home in June 2013 for $130,000.Carmen sells the house for $165,000 and pays a commission of $10,000 on the sale.

c.Conrad is single and sells his principal residence for $350,000.He pays selling expenses of $20,000.Conrad purchased the house for $65,000 in 1986.
c.Conrad is single and sells his principal residence for $350,000. He pays selling expenses of $20,000. Conrad purchased the house for $65,000 in 1986.

---

Definitions:

Transformational Leader

A type of leader who inspires and motivates followers to exceed their own self-interest for the good of the organization or team, promoting significant change.

Transactional Leader

is a leader who focuses on the exchange between leader and follower, where followers are rewarded for meeting predefined objectives or punished for failing to meet them.

Authentic Leadership

A leadership approach that focuses on being genuine, transparent, and ethical, encouraging open communication and trust-building with followers.

George's Model

A framework for understanding ethical leadership, developed by Bill George, focusing on authenticity, integrity, and values-based decision making.