When it comes to calculating property tax, the most relevant amount is the assessed value of <u>$387,000.</u>
When calculating property tax, the useful figures are:
- The assessed value of the house
- The Property tax rate
This assessment is arrived at in various ways but once it is arrived at, it is then multiplied by a figure known as the mill levy and the result will be the property tax.
In conclusion, the assessed value is most useful.
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Answer:
$2,850
Explanation:
Given the following :
Face value of security = $100,000
Carrying value = $95,000
Effective interest rate = 6%
Interest paid semianually = $2500
The effective interest revenue recognized for the six months ended December 31, 2018 is:
IF effective interest rate = 6%
Semiannual interest = 6% / 2 = 3%
Therefore effective interest revenue for six months will be the product of the carrying value and the interest rate within the six months period :
3% = 0.03
0.03 * $95,000 = $2,850
Answer:
c. escalator clauses
Explanation:
Based on the information provided within the question it can be said that the term being described is called an escalator clause. Like mentioned in the question this term refers to a clause within a contract that allows for an increase in in the price or wage stated in the contract but only under the specific conditions stated.
When a company fails to execute its strategic plan, the first reaction is often to rewrite the org chart or tweak incentives. Clarifying decision-making authority and improving the flow of information both at the management level and throughout the organization is much more effective. After that, the appropriate structure and motives are usually set.
Similar to the Galbraith and Nathanson model, this is a systems-based model in which strategy development is processed as inputs from four interconnected elements: organizational structure, management processes, human resources, and culture, and outcomes achieve strategic goals as
A strategic plan is a systematic process of envisioning a desired future and translating that vision into broadly defined goals or goals and a series of steps to achieve them.
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Answer:
$50,258.
Explanation:
According to the scenario, computation of the given data are as follow:-
We can calculate the deposit amount at the end of 15 years by using following formula:-
Deposit Amount per year(PMT) = $2,000
Interest rate = 7% = 0.07
Deposit year (n) = 15 years
Future value(FVIFA) = PMT × [{(1 + interest rate)^number of years - 1} ÷ interest rate]
= $2,000 × [{(1 + 0.07)^15 - 1} ÷ 0.07]
= $2,000 × [{2.7590315 - 1} ÷ 0.07]
= $2,000 × [1.7590315/0.07]
= $2,000 × 25.129022
= $50,258
According to the analysis total deposit at the end of the year is $50,258.
