1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Marysya12 [62]
1 year ago
9

The Smith home has an assessed value of $64120, and their tax rate is 3.2%. What is their annual tax bill?

Business
1 answer:
Kruka [31]1 year ago
7 0

The annual tax bill of Smiths' house is $64120.

A tax is a compulsory fiscal burden or another type of levy imposed on taxpayers by government agencies to fund government expenditures and various public expenditures. A written claim for money owed by an individual or entity in taxes. It is used to fund and pay interest on federal debt.

The Smith home has an assessed value of $64120

tax rate = 3.2%.

   

The annual tax bill

= ($64,120 x . 032 = $2,051.84).

Hence, the annual tax bill is $2,051.84.

Learn more about the annual tax bill here:-brainly.com/question/1775528

#SPJ4

You might be interested in
Tex's Manufacturing Company can make 100 units of a necessary component part with the following costs: Direct Materials $120,000
Thepotemich [5.8K]

Answer:

Is better to continue the production of the component as currently is taking allocated overhead from other department. Buying will inccur in a financial disadvangate of 25,000

Explanation:

<u>Make</u>

Direct cost:

DM                   120,000

DL                      25,000

VMO            <u>      45,000  </u>

Total Variable:  185,000

Tracable fixed cost: 5,000

Total cost:   190,000

<u>Buy option:</u>

purchase 190,000

unavoidable cost: (30,000 - 5,000) = 25,000

Total cost: 215,000

3 0
3 years ago
Are the statements true, false, or uncertain arguments? An export tax always reduces the exporter's net revenues. It is highly e
Musya8 [376]

1. The statement is true

Export taxes are paid by the exporters. These taxes include customs and     shipment changes a as a as well.

2. The statement is uncertain

We cannot make out which industry will use technological spril overs and which industry will not use it.

3. The statement is false  

Child employment is in non-tradeable sector for most of the poor countries.

4. The statement is true

low GDP per capita mean the country does not have enough output per person. It is not able invest in the human capital of the Country. Each of facilities like education, hospitality is another result of low GDP per capita and thus, eventually. Low GDP per capita lead to child labor because these children and their parents does not have money & basic facilities and that is why choose this option.

Non-tradable sectors are composed of production, distributive alternate, repairs, shipping, accommodation, meals services sports (GHI), actual property activities (L), enterprise offerings (MN), and public administration (OPQ). All sorts of tradable sectors can create productivity increase

Learn more GDP per capita here:-

brainly.com/question/18414212

#SPJ4

8 0
1 year ago
Scientists assign each kind of organism a universally accepted name in the system known as:.
Viefleur [7K]

Answer:

Binomial nomenclature.

Explanation:

What is Binomial nomenclature?

a system for giving each organism a two-word latin name that consists of the genus name followed by the specifies name taxonomy.

4 0
2 years ago
Read 2 more answers
A food handler's duties regarding food safety include all of the following practices EXCEPT: Prevention of food contamination Pe
katen-ka-za [31]

The answer to your question is,

Periodically test food for illness causing microorganisms.

-Mabel <3

7 0
3 years ago
Read 2 more answers
An analyst with a leading investment bank tracks the stock of Mandalays Inc. According to her estimations, the value of Mandalay
V125BC [204]

Answer:

b. Overvalued

Explanation:

Overvalued stocks are securities that trade higher than their fair market value, i.e. the value that the company's fundamentals, such as earnings or revenues justify.

4 0
3 years ago
Other questions:
  • Consumer surplus
    14·1 answer
  • On February 1, 2021, Miter Corp. lends cash and accepts a $1,000 note receivable that offers 12% interest and is due in six mont
    8·1 answer
  • An analysis of comparative balance sheets, the current year’s income statement, and the general ledger accounts of Wellman Corp.
    15·1 answer
  • Which of the following pairs of accounts could not appear in the same adjusting entry? a. Interest Income and Interest Expense b
    5·1 answer
  • What is one negative effect of current patterns in global trade?
    8·2 answers
  • On January 2, 2017, Vaughn Inc. sells goods to Geo Company in exchange for a zero-interest-bearing note with face value of $10,1
    11·1 answer
  • As the level of activity increases, how will a mixed cost in total and per unit behave? In Total Per Unit A) Increase Decrease B
    14·1 answer
  • Select the answer that best describes why the return on investment (ROI) for higher education is high even thought the cost of c
    9·1 answer
  • Based on the prompt, which of these goals should you
    6·1 answer
  • A loan processor who is not required to perform her duties at the direction of or subject to the supervision and instruction of
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!