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Darya [45]
1 year ago
10

Regarding buyer and seller credits and debits, a seller is charged for taxes from january 1st through closing. who pays for the

actual day of closing?
Business
1 answer:
NISA [10]1 year ago
8 0

A seller is charged for taxes from January 1st through closing, then the seller is only going to pay for the actual day of closing.

<h3>What are taxes?</h3>

Tax is a mandatory cost and service or another sort of levy that is placed on taxpayers by an official agency that is established to pay for the development of the country and also for getting revenue.

As the accounts are being closed for the year then this means that there will be some type of credit that will be left on the buyers as well as sellers, and on an opening day, it will be charged.

Learn more about taxes, here:

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Find the future value of $10,000 invested now after five years if the annual interest rate is 8 percent. What would be the futur
expeople1 [14]

Answer:

$14,693.28 (COMPOUNDED ANNUELY)

$14,859.47 (COMPOUNDED QUARTELY)

$14.000. (SIMPLE)

Explanation:

6 0
2 years ago
Find the EAR in each of the following cases. (Do not round intermediate calculations and enter your answers as a percent rounded
inna [77]

EAR = (1 + periodic interest rate)^N - 1

<u>9.25 % Quarterly %</u>

EAR = (1+\frac{0.0925}{4})^{4}  - 1 = 0.09575 or 9.58%

<u>16.75 Monthly % </u>

EAR = (1+\frac{0.1675}{12})^{12}  - 1  = 0.1809766 or 18.10%

<u>15.25 Daily % </u>

EAR = (1+\frac{0.1525}{365})^{365}  - 1  = 0.1647053 or 16.47%

<u>11.25 Semiannually %</u>

EAR = (1+\frac{0.1125}{2})^{2}  - 1  = 0.115664 or 11.57%

4 0
3 years ago
Itil considers the _____ responsible for handling service requests and communications with customers.
SashulF [63]

ITIL considers the service desk responsible for handling service requests and communications with customers.

Communication (from Latin: communicate, meaning "to share" or "to associate is defined as "the self and the other, the private and the public, the inner thoughts and [4] this As the definition suggests, communication is difficult to define in a uniform way because in general terms

communication refers to a very wide range of different actions involved in the dissemination of information. [7] John Peters argues that the difficulty in defining communication is that it is both a universal phenomenon (because everyone communicates) and a specific field of systematic academic research. claim to be based on facts.

Learn more about communications here: brainly.com/question/25645043

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5 0
1 year ago
8. Suppose the total cost function is as follows: TC= x^3/3 -x^2+11x
elena55 [62]

At 1.5 the average total cost is a minimum and the total cost will be 10.25 where the TC = total cost; x = output (in 1,000 units)

<h3>What are maxima and minima?</h3>

Maxima and minima of a function are the extremes within the range, in other words, the maximum value of a function at a certain point is called maxima and the minimum value of a function at a certain point is called minima.

We have a total cost function:

TC = x³/3 - x² + 11x

Average total cost:

\rm F\left(x\right)=\dfrac{\left(\dfrac{x}{3}^3-\:x^2\:+\:11x\right)}{x}

Differentiating with respect to x and equating to x

d(F(x))/dx = 0

We will get:

x = 1.5

F'(1.5) >  0

At 1.5 the average total cost is a minimum.

Thus, at 1.5 the average total cost is a minimum and the total cost will be 10.25 where the TC = total cost; x = output (in 1,000 units)

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7 0
1 year ago
based upon the current ratio, how would creditors or lenders feel about the liquidity of the buisness? why?
damaskus [11]

Answer:

Current ration is a measurement that measures how many current assets are there to cover up the current liabilities. the ratio represent the firm's ability to meet the day to day, short term obligations.

it is calculated as follows,

Quick Ratio/Current asset ratio=Current Assets/Current Liabilities

a normal, health current asset ratio is 1. and it is better when the number is going up.

This gives the short term lenders (such as short term bond holders) and suppliers the ability to assess the companies ability to pay off the short term obligations in an even of  bankruptcy or  finanacial crisis.

Explanation:

4 0
3 years ago
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