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salantis [7]
3 years ago
13

Scenario: Terrill and Natalia want to buy a home valued at $150,000. The property tax in their community is 1 percent of the pro

perty's value per year. How much will Terrill and Natalia be required to pay in property tax per year? $15 $150 $1,500 $15,000
Business
2 answers:
RSB [31]3 years ago
9 0

Answer:

$1,500

Explanation:

To calculate a 1% tax, you will multiply the home's value by the decimal equivalent of 1% which is .01

.01 *150,000 = $1,500

wariber [46]3 years ago
7 0

1,500 is the answer ......

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During July at Pool Company, $65,000 of raw materials were requisitioned from the storeroom for use in production. These raw mat
QveST [7]

Answer:

$4,000

Explanation:

Preparation of the journal entry.

Based on the information given we were told that The indirect materials totaled the amount of $4,000 which means that the appropriate journal entry to record this requisition would include a DEBIT TO MANUFACTURING OVERHEAD of the amount of $4,000.

(To record requisition)

6 0
3 years ago
Knoll, inc. currently sells 15,000 units a month for $50 each, has variable costs of $20 per unit, and fixed costs of $300,000.
Lunna [17]
Cost per unit
(300,000÷15,000)+20=40

Current profit
50×15,000−40×15,000=150,000

Profit change
60×15,000−40×15,000=300,000

units will knoll need to sell for profit to remain the same as before the price change is
(150,000+300,000)÷40=11,250
3 0
3 years ago
n the money creation process, the simple money multiplier assumes that banks hold no excess reserves. What is the consequence of
lyudmila [28]

Answer: The simple money multiplier becomes smaller as less money is loaned out

Explanation:

In the money creation process, the simple money multiplier assumes that thee are no excess reserves that are held by the banks and that there are no currency being held by the public.

The consequence of a bank holding excess reserves will be that the simple money multiplier will become smaller when less money is being loaned out. There will be less money in circulation when excess reserves are held by the banks. This will result in the money multiplier to be smaller.

3 0
2 years ago
To record a sales transaction, use:
sergiy2304 [10]

To record a sales transaction, use create invoices- receive payment- make deposits.

<h3>What is sales transaction?</h3>

Sales Transaction means transactions consummated between a company and subscriber of its capital stock. It is the transfer of a company's asset to another after sales have been completed.

Hence, to record a sales transaction, use create invoices- receive payment- make deposits.

Learn more about sales transaction here : brainly.com/question/25347238

#SPJ11

5 0
1 year ago
A(n) _____ is a network of interconnected businesses that are strategically aligned to provide product and service packages.
Pavlova-9 [17]

The answer is supply chain management. It is because this is the network that has businesses that are interconnected in means of being able to provide product and services and that the suppliers has the responsibility of working together or cooperating as a way of achieving their goals or function.

6 0
3 years ago
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