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BaLLatris [955]
3 years ago
9

When traveling to another country you have the choice of paying for the stay when you book the reservation or when you check out

of the hotel. If last January 1st I made a reservation to stay in Italy and completed the stay on April 30th, which method of paying for the room would be better?
Business
1 answer:
Digiron [165]3 years ago
3 0

Answer and Explanation:

In the given situation, it is mentioned that while travelling to another country you have two choices for paying at the time of booking or at the time of checking out. Now at Jan the person made a reservation for staying at Italy and completed the stay as on April 30th so here the change in inflation would be matters whether it is increasing or decreasing. It is better to pay off at advances as there is a chances that the price could rise in near future

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8 0
2 years ago
The following expenditures were incurred by McCoy Company in purchasing land:cash price $61,440, accrued taxes $4,720, attorney’
Alex Ar [27]

Answer:

$76,240

Explanation:

Given that,

cash price = $61,440,

accrued taxes = $4,720,

attorney’s fees = $2,660,

real estate broker’s commission = $3,360, and

clearing and grading = $4,060

Cost of the land:

= cash price + accrued taxes + attorney’s fees + real estate broker’s commission + clearing and grading

= $61,440 + $4,720 + $2,660 + $3,360 + $4,060

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6 0
3 years ago
You plan to borrow $35,000 at a 7.5% annual interest rate. The terms require you to amortize the loan with 7 equal end-of-year p
Alexeev081 [22]

Answer:

$2,250

Explanation:

Since terms require you to amortize the loan with 7 equal end-of-year payments, it implies that interest will be paid on the amount outstanding balance for a whole year.

The would be paid in Year 2 can therefore be calculated as follows:

Equal amount of the loan principal = Loan amount / Number of equal end-of-year payments = $35,000 / 7 = $5,000

Loan balance outstanding throughout Year 2 = Loan amount - Year 1 end-of-year payment = $35,000 - $5,000 = $30,000

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3 0
3 years ago
19. An important feature of Emergency Operation Plans is that they ________________________________.
BigorU [14]

Answer:

provide a uniform response to all hazards that a community may face.

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Emergency Operation plan is referred to that document which focus on response given to particular emergency. it direct guideline which focus planning for any disaster in efficient and effective way.

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7 0
3 years ago
Caroline, who files as head of household, received $9,000 of social security benefits. Her AGI before the social security benefi
suter [353]

Answer:

$4,500

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AGI amount:                                                         $27,000

Tax exempt interest                                              $200

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(0.50*9,000)

Total provisional income                                       $31,700

Since the amount of provisional income is greater than the base amount of  $25,000 for Head of house hold but less than $34,000, therefore the Caroline will have to pay taxes on 50% of the social security benefits and hence the amount of taxable social security benefit shall be $4,500

4 0
3 years ago
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