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ludmilkaskok [199]
3 years ago
6

An account with a financial institution used to pay taxes and insurance is called _____

Business
2 answers:
Brilliant_brown [7]3 years ago
6 0

Answer:an Escrow Account

With a mortgage escrow account, you must pay a lender periodically to cover The Taxes and Insurance expense.  Then that lender will pay pays those expenses on your behalf when the bills came due

Explanation:

Otrada [13]3 years ago
5 0

An account with a financial institution used to pay taxes and insurance is called An escrow account.

Answer is An escrow account

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The income and expenses of a corporation for federal income tax purposes are referred to as what type of income?a. nontaxableb.
weeeeeb [17]

Answer:

The correct answer is letter "C": tax.

Explanation:

The Federal Income Tax is collected by the U.S. <em>Internal Revenue Service</em> (<em>IRS</em>) based on the annual earnings of individuals, corporations and all legal entities. It is considered to be the largest source of revenue for the government. In general, they are called taxes.

4 0
3 years ago
The compensation companies receive for purchasing capital assets is called the return on?
Mamont248 [21]

<u>Return on Investment</u> is the compensation companies receive for purchasing capital assets.

Capital assets are significant pieces of property like houses, automobiles, rental properties, stocks, bonds, and even antiques or works of art. A capital asset for businesses is an asset with a useful life of more than a year that is not intended for sale during normal company operations.

Your investments in the business are the time and money you devote to strengthening your company. The profit you receive from your investments is the return. The ratio of net profit to the entire cost of the investment is how ROI is often defined.

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3 0
2 years ago
If a certain household earns and spends $24,000 per year and, on the average, holds a money balance of $6,000, then the velocity
solong [7]

If a certain household earns and spends $24,000 per year and, on average, holds a money balance of $6,000, then the velocity of money for this household is 4.

A household consists of one or more people who live in the same dwelling and share meals. It can also consist of a single-family or another group. Households are the basic unit of analysis in many social, microeconomic, and government models and are important to economics and inheritance.

The definition of household relates to family or social units living together, or household behavior. You and your family members who live with you are an example of your household. Budgets and checkbooks are examples of household budget tools.

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4 0
2 years ago
Tentacle Television Antenna Company provided the following manufacturing costs for the month of June. Direct labor cost Direct m
Temka [501]

Answer:

C. $65,800

Explanation:

Fixed csot: those which do not change for a relevant range with the production output. They aer constant.

Factory insurance                  21,000        

Factory insurance                  13,000

Factory manager's salary     10,800

Janitor's salary                        5,000

Property taxes:                 <u>      16,000  </u>

    Total Fixed Cost:             65,800

The direct materials and direct labor are variable cost as they drop to zero if no unit is produced.

Same goes with packaging cost, if no unit is produced then, no packagin is needed.

6 0
3 years ago
Suppose that the following group of values has been entered into the TVM
Nezavi [6.7K]

The bal() function that is going to balance the loan after a period of 9 years would be  A. bal(108)

<h3>How to solve for the bal() function</h3>

The question tells us that the loan balance would be calculated after the period of 9 years.

We have 12 months yearly in all of these 9 years.

Hence the function would be bal(12*9)

= bal(108)

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5 0
2 years ago
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