Answer:
$495,000
Explanation:
Since Zarr Town expects to collect 99% of the property taxes levied during the year, should report $500,000 x 99% = $495,000 as property tax revenue. Even if the town only collects $450,000 during the year, the last property tax installments generally are due by the end of March. So the remaining $45,000 will probably be collected next year.
Answer:
When using the expenditure approach to calculate GDP we only use the price of the final good so in this case the total contribution to GDP will be $1200
Using the income approach we calculate the profit made by each party so Arthur made $100, Bob made $200(300-100), Camille make $400(700-300) and Donita made $500(1200-700)= 100+200+400+500 = $1200
Explanation:
Answer:
B
Explanation:
The amount distributed in any one year can never exceed the net income reported for that year
Answer:
superior competence
Explanation:
Superior competence is a skill an agent is expected to display in a resonable manner in any situation.
An agent is a person appointed by the principal and one who links the principal to the third party while principal is someone who appoints an agent to act on its behalf.
An agent is not superior to the principal. In other words, an agent is expected to act reseanably at all times in accordance with the terms of his contract with the principal.
Some of the duties of an agent to his principal are
- reasonable care and skill
-duty not to delegate
-avoid conflict of interest
-act within the scope of powers and authority delegated to him
Answer and Explanation:
According to the scenario, computation of the given data are as follow:-
We assume that
X = No. of children
Y = Standard type
Z = Executive type
So,
5x + 4y + 7z = 185.........(1)
3x + 2y + 5z = 115.........(2)
2x + 2y + 4z = 94
x + y + 2z = 47.........(3)
Equation (2) multiply by 2
6x + 4y + 10z = 230
From equation (1) to (2)
5x + 4y + 7z = 185
6x + 4y + 10z = 230
-x + 0 - 3z = -45
x + 3z = 45.......(4)
Equation (3) multiply by 4
4x + 4y + 8z = 188
From equation (1) to (3)
5x + 4y + 7z = 185
4x + 4y + 8z = 188
x + 0 - z = -3
- x + z = 3……(5)
From equation (5) to (4)
x + 3z = 45
-x + z = 3
4z = 48
Executive type = Z = 48 ÷ 4 = 12
Z = 12 in equation (5)
-x + 12 = 3
x = 9 (children type)
x=9, z=12 in equation 1
5x + 4y + 7z = 185
5 × 9 + 4 × y + 7 × 12=185
45 + 4 × y + 84 = 185
4y = 56 ÷ 4
Y= 14(Standard type)