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1 year ago

A house sold for $109,000 with the buyer making a 20% down payment. The grantors tax is based on the:

Business

1 answer:

Elena-2011 [213]1 year ago

3 0

In this sales case, the grantors tax will be based on the selling price.

<h3>What is a grantors tax?</h3>

This refers to tax that is applied on the transfer on ownership such as on sales of property, house etc.

Here, the the grantors tax will be based on the selling price even though it is customary for the seller to pay the grantors tax.

Therefore, the selling price is correct.

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As distances between buyers and sellers increase, problems related to operations performance increase. What are the primary resu

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As distances between buyers and sellers increase, problems related to operations performance increase.

The primary results of this increase in distance and geographic complexity are:-

Security issues

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A seller is a person or entity that sells products, services, or financial assets. Shorting means borrowing security you don't own, selling it, and buying it back at a lower price. An option seller is called a "writer" who collects a premium from the buyer.

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Learn more about sellers here:brainly.com/question/906651

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11 months ago

in a _____ system, the distinction blurs between input, output, and the interface itself.

PSYCHO15rus [73]

User centered systems

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3 years ago

Read 2 more answers

When Amy states, "We feel that better aligning our talent strategy with our business strategy is going to be critical for our su

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Answer:

planning

Explanation:

In this scenario it seems that Amy is demonstrating the planning part of the managerial functions. This part focuses on creating the plans and processes needed in order to be able to meet all of the company goals and objectives. In this scenario, by stating the actions that she thinks would better the company, she is letting everyone know her plan, therefore she is demonstrating the planning function.

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2 years ago

Roberta, a store manager, uses her coercive power effectively to motivate employees. because of her coercive power, roberta woul

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Given that <span>Roberta, a store manager, uses her coercive power effectively to motivate employees. because of her coercive power, Roberta would be able to fire a subordinate.

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3 years ago

Predetermined Factory Overhead Rate Exotic Engine Shop uses a job order cost system to determine the cost of performing engine r

Law Incorporation [45]

Answer:

7.7 per direct labor hour

Explanation:

Number of direct labor hours = 700,000 / 25

Number of direct labor hours = 28,000 labor hours

Overhead cost = Shop and repair equipment depreciation + Shop supervisor salaries + Shop property taxes + Shop supplies

Overhead cost = 46,100 + 128,300 + 23,300 + 17,900

Overhead cost = 215,600

Predetermined overhead rate = Overhead cost/Direct labor hours

= 215,600 / 28,000 labor hours

= 7.7 per direct labor hour

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2 years ago