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
VMariaS [17]
3 years ago
12

According to the tutorial, which is the most significant tax local governments rely on to generate revenue?

Business
1 answer:
kirill115 [55]3 years ago
8 0
I believe it is B property tax
You might be interested in
What are some of the advantages and disadvantages of buying a home compared to renting.
nignag [31]

well with buying a home you are stuck with it you cant just move out but with renting you can say ohh im moving and you can give them your key and get out its really not that bard

5 0
3 years ago
_______ is best described as the difference between the value a consumer attaches to a good or service and what he or she paid f
zysi [14]

Consumer Surplus

This is the difference between what consumers are willing and able to pay and what they actually do pay. You may be willing to spend up to $100 on a new pair of shoes but if you find the perfect pair on sale for $20 you will buy those and there will be an $80 surplus.

5 0
3 years ago
Navy Corporation has E&P of $240,000. It distributes land with a fair market value of $70,000 (adjusted basis of $25,000) to
anastassius [24]

Answer:

a. A taxable dividend of $15,000

Explanation:

The relevant variables are the friar market value and the tax liability on the land.

The fair market value is the amount at which an asset or a company will be exchanged between a knowledgeable willing seller and a knowledgeable willing seller in an ordinary transaction in the market. Put simply, the fair market value of an asset gives an estimation of the price that a buyer would pay to the owner of the asset if the owner decides to sell the asset.

When a company distributes an asset as a dividend to the owner, any liability taken over on the assets will be deducted from the fair market value of the asset to arrive at the taxable dividend.

From the question, the $55,000 tax liability assumed by Troy will be deducted from the fair market value of the asset to obtained the taxable dividend as follows:

Taxable dividend = Fair market value - Tax liability on the land

                             = $70,000 - $55,000

                             = $15,000

Therefore, the taxable dividend is $15,000.

3 0
3 years ago
Which is the correct order in which a business would collect/analyze data to make decisions A. Knowledge – Business Intelligence
RUDIKE [14]

Answer:

C. Data – Information – Business Intelligence – Knowledge

Explanation:

This is the correct order to collect and analyze data to make decision

5 0
3 years ago
You work for an automotive parts distributor based in Ohio that is expanding operations in China. Management and operations empl
yKpoI14uk [10]

Answer:

b) Heightened global competition

Explanation:

Since in the question it is mentioned that working as a distributor of an automative part i.e. based on the Ohia diversifies its business operations in China. Also the employees and the management are working with this division and taking the classes on the chinese culture and their customs in order to feel comfortable

So this scenario represents that the global competition is on the peak

Therefore the option b is correct

3 0
2 years ago
Other questions:
  • About what percentage of lottery winners end up with financial troubles?
    5·2 answers
  • If a company uses $1,300 of its cash to purchase supplies, the effect on the accounting equation would be:
    11·1 answer
  • Sandstorm Corporation decides to develop a new line of paints. The project begins in 2019. Sandstorm incurs the following expens
    10·1 answer
  • Suppose there is a policy debate regarding the United States’ imposing trade restrictions on imported steel rods:
    12·1 answer
  • Acquired $60,000 cash from the issue of common stock. Received an $8,200 cash advance for services to be provided in the future.
    15·1 answer
  • Savings account A and savings account B both offer APRs of 2%, but savings account A compounds interest quarterly, while savings
    12·2 answers
  • Make a prioritized task work sheet
    8·1 answer
  • The value of the mutual fund's portfolio minus the mutual fund's liabilities divided by the number of shares outstanding is call
    10·1 answer
  • Equipment is a(n)_________ (asset/liability/expense) account. It is reported on the___________ (left/right) side of the accounti
    6·1 answer
  • The main function of the federal reserve system is to.
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!