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avanturin [10]
1 year ago
9

On your property tax bill, you see the following table. destination share of your taxes roads $241 schools $896 public safety $1

54 township $177 what percentage of your taxes went to funding public safety? a. 10.49% b. 12.06% c. 11.72% d. 8.94% please select the best answer from the choices provided a b c d
Business
1 answer:
DaniilM [7]1 year ago
5 0

As per the property tax bill received by the person, such person pays around 10.49% of his total tax liabilities towards funding the public safety if $154 are paid.

<h3>What are tax liabilities?</h3>

Tax liabilities are the amount of tax that an eligible taxpayer is under an obligation to pay to the respective tax-collecting authorities.

As per the given information, it has been computed that a person pays a total tax of around $1468 and public safety taxes that are paid are $154.

Computation of the proportion of percentage of public safety out of the total tax liabilities is shown as below,

\rm Tax\ in\ Percentage\ towards\ Public\ Safety= \dfrac{Public\ Safety\ Tax}{Total\ Tax\ Liabilities}x\ 100\\\\\rm Tax\ in\ Percentage\ towards\ Public\ Safety= \dfrac{154}{1468} x\ 100\\\\\rm Tax\ in\ Percentage\ towards\ Public\ Safety= 10.49\%

Hence, option A; the person pays around 10.49% of his total tax liabilities towards funding the public safety if he pays $154 for tax liabilities of $1468.

Learn more about tax liabilities here:

brainly.com/question/15394738

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The Federal Reserve System Multiple Choice
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Answer: Federal reserve system is basically an independent agency.

Explanation: The Federal reserve system is the bank that functions as the central bank of the USA. It is an organization that oversees most of the economic activities of the nation, supervises the banks in the country, and help to reduce effects of financial crisis.

The federal reserve system is mainly an independent body, with it's own president and other leadership positions but it is answerable to the Congress of the USA.

4 0
2 years ago
Charlotte is trying to measure her salon's productivity during the first quarter. For this period, she should divide ________ by
IRISSAK [1]

Answer:

the total salon services and products sold

Explanation:

Productivity can be regarded as ratio of output volume to that of the volume of inputs. It give the measurements of

production inputs efficiency, these input could be labour, capital. Productivity helps to know how these inputs are been used in production of given level of output in economy.

7 0
2 years ago
A company has four vendors and the accounts payable subsidiary ledger shows the following balances.
Luba_88 [7]

Answer:

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7 0
3 years ago
The traditional method of making product mix decision considersA.producing the products with the highest contribution margins fi
Helga [31]

Answer:

The correct answer is letter "A": producing the products with the highest contribution margins first.

Explanation:

A product mix refers to the different assets a company may posses in its portfolio. Those products or services are usually similar or satisfy almost the same need. They are measured according to their width, length, depth, and consistency. The product mix avoids that the company relies on a single product or service as a source of income. Besides, the product or service with the fastest and highest revenues is the one to be produced first.

8 0
3 years ago
Holliday Company's inventory records show the following data:
Cerrena [4.2K]

Answer:

The correct answer is A.

Explanation:

Giving the following information:

Inventory:

January 1: 5,000 units $9.00

Purchases:

June 18: 4,500 units $8.00

November 8: 3,000 units $7.00

A physical inventory on December 31 shows 2,000 units on hand. Holliday sells the units for $12 each. The company has an effective tax rate of 20%. Holliday uses the periodic inventory method.

Units sold= 10,500

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COGS= 5,000*9 + 4,500*8 + 1,000*7= 88,000

Sales= 12*10,500= 126,000

COGS= (88,000)

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Tax= 38,000*0.2= (7,600)

Net operating income= 30,400

LIFO:

COGS= 3,000*7 + 4,500*8 + 3,000*9= 84,000

Sales= 12*10,500= 126,000

COGS= (84,000)

Gross profit= 42,000

Tax= 42,000*0.2= (8,400)

Net operating income= 33,600

Tax difference= LIFO - FIFO= 8400 - 7600= $800

6 0
3 years ago
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