Answer:
option (D) $ 2,750
Explanation:
Data provided :
Assessed value of John and Mary Billings = $ 110,000
Tax rate = 25 mills per $ 1.00
or
Tax rate in dollars = 25/1000 = 0.025 / $ 1.00
therefore,
Tax they have to pay = Assessed value of John and Mary Billings × Tax rate
or
Tax to be paid = $ 110,000 × 0.025 = $ 2,750
Hence,
the correct answer is option (D) $ 2,750
Answer:
<em>Options Include:</em>
A. demand will become more price elastic.
B. price elasticity of demand will not change as price is lowered.
<em>C. demand will become less price elastic. is Correct</em>
D. the elasticity of supply will increase.
Explanation:
<em>Typically as a broadly accurate guide, the product is called elastic if the quantity of a good demanded or purchased increases more than the change in price. </em>
(Price increases by + 5%, but demand decreases by -10%). When the shift in the purchased quantity is the same as the price change (say, 10 per cent/10 per cent= 1), the product is said to have price elasticity unit (or unitary).
Eventually, when the purchased quantity changes less than the price (say,-5 per cent demanded for a price change of+ 10 per cent), then the product is called inelastic.
Answer:
$273,840
Explanation:
The Cost of of an item of Property, Plant and Equipment according to IAS 16 include the purchase price and any directly related costs incurred in bringing the asset in the condition and location for operation as intended by management.
<u>Calculation of the Cost of Land</u>
Purchase Price $260,000
Cost after proceeds to demolish old building($11,300 - $1,670) $9,630
Insurance $830
Legal Fees $420
Property taxes ( $3,300 - $170) $3,130
Capitalized Cost $273,840
Answer:
internet
Explanation:
Based on the information provided within the question it can be said that the type of buying being mentioned in this scenario would be internet buying. This allows organization's to easily order what they need and cut down on the amount of money that they need to spend on various other costs as well as the amount of time.
Answer:
The correct answer is letter "A": countries with high purchasing power today may not continue to show the same growth in the future.
Explanation:
Even if during the past decade the world's major economies have been the same -<em>The U.S., Japan, China, Russia, and Germany</em>- it does not necessarily mean the scenario will not change for the next one hundred years. Some other countries like Saudi Arabia, Switzerland, Belize, Luxembourg, and Australia have started to show signs of increasing development that could turn the worldwide economy into a new direction. The last five (5) countries are reported as being the top nations with the highest purchasing power for 2018.
