Answer:
$205,000
Explanation:
We know that
The ending balance of retained earnings = Opening balance of retained earnings + net income earned - dividend paid
= $145,000 + $90,000 - $30,000
= $205,000
By considering the above formula, we can easily find out the ending balance of retained earnings by taking opening balance, net income and dividend amount
Here is the correct answer based on the given situation above about John, Alyson and Jared selecting new cars at the same price. The statement that is true about their options for car insurance is that, <span>Alyson is able to reduce the cost of insurance by selecting legal minimum. Hope this answer helps. </span>
<span>The importance of management is based upon the </span>economical and effective strategic planning & regulation of operations of an enterprise to fulfill the given purposes.
To learn more of the importance of management, see attached file.
Answer:
$4,800
Explanation:
property taxes are calculated using the assessed value, in this case the county will use $160,000 x 75% = $120,000
if the tax rate is 4% of assessed value, then the total property tax bill = $120,000 x 4% = $4,800
Generally, property taxes are collected by counties or municipal governments and they are used to fund school districts, libraries, fire departments, parks, etc.
He can claim the car he donated as a deduction on his income tax.
But he can't get a deduction of $1 for $1 there it is like a quarter or something.
This is as charitable donations reduce his total income in terms of taxes for the year. So he can claim it as a deduction on his income tax.<span />
