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ANEK [815]
2 years ago
10

A new york buyer is purchasing a property for $120,000. what will the seller pay in transfer tax if the rate is $4 per $1,000 of

the sales price?
Business
1 answer:
Rudik [331]2 years ago
4 0

The seller will pay $444 in transfer tax. Multiply the transfer tax rate. 0037 ($0.37 per $100) by the value of the property ($120,000) will the seller pay in transfer tax if the rate is $4 per $1,000 of the sales price.

After the seller has been paid and all payments have been made, the remaining amount is said to be net to the seller. Calculating the net-to-sellers ratio is very simple. Simply subtract the seller's costs and liabilities from the selling price.

To calculate the prorated tax amount, multiply the annual tax amount by 105%. Then he divides that number by the number of days in a year. The sales price must be held responsible for the amount of unpaid property taxes for the number of days the property was occupied prior to the date of sale.

Learn more about sales prices at

brainly.com/question/1153322

#SPJ4

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Option A

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Additionally, in the Americas and in Britain, infant formulations use soybeans as a protein source (mainly) and protein hydrolyzes in its amino acid portion for infants sensitive to many other proteins are available.

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4 0
3 years ago
During 2015, LeBron Corporation accepts the following notes receivable.a. On April 1, LeBron provides services to a customer on
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Answer:

The journal entries are as follows:

(a) On April 1, 2015

Notes receivable  A/c          Dr.  $7,000

To Service revenue                                    $7,000

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(b) On June 1, 2015

Notes receivable  A/c          Dr.  $11,000

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(c) On November 1, 2015

Notes receivable  A/c          Dr.  $6,000

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6 0
3 years ago
Select all the items that describe a free market economy.
Feliz [49]
The items that describe a free market economy are  :
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Hope this helps
4 0
3 years ago
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What are some factors that would influence supply? Explain
lakkis [162]

Answer:

Some of the factors that influence the supply of a product are described as follows:

i. Price: ...

ii. Cost of Production:  

iii. Natural Conditions:  

iv. Technology:  

v. Transport Conditions:  

vi. Factor Prices and their Availability:  

vii. Government's Policies:  

viii. Prices of Related Goods

<h2>Please mark me as brainliest</h2>
6 0
3 years ago
In the United States banking policies and procedures are set by the:
vfiekz [6]

Answer:

Federal Reserve.

Explanation:

Federal Reserve is a large central bank in Washington, D.C. that was founded in 1913. It lends money to other, smaller banks.

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