Answer:
$7,954
Explanation:
Calculation for the mortgage recording tax paid on a property
First step is to find the tax rate
Tax rate =2.05/100
Tax rate = 0.0205
Second step will be to multiply the percentage of the tax rate with the price of the property that was sold for the amount of $485,000,
0.0205 × $485,000
= $9,942.5
The third step will be to calculate the LTV which is fully known as loan to value which was given as 80 % in order for us to known mortgage recording tax paid on the property
Hence,
Mortgage recording tax paid on the property $9,942.5 × 0.8 =
Mortgage recording tax paid on the property $7,954
Therefore the Mortgage recording tax paid on the property that was sold for the amount of $485,000 will be $7,954
<span>When the U.S. treasury issues new bonds to replace bonds that have matured, it is engaging in debt refinancing. When you refinance something you are replacing existing debt with new debt, this is for the same object but under new terms. Depending on your credit, often times the interest will go down and/or your payments will be lowered. When the U.S. treasury issues new bonds to replace old ones they are refinancing the debt. </span>
Answer:
Large most likely reports net cash outflows from investing activities of $9 million.
Explanation:
Large Corporation
Statement of cash flows (extract)
$ in millions
Purchase of patent ($14)
Proceeds from sale of land and buildings 24
Cash paid to acquire office equipment (19)
Net cash flows from investing activities ($9)
Note that the purchase of treasury stock belongs to financing activities section of the cash flows, while gain from sale of land and buildings and investment revenue belong to operating activities section of the cash flows
Answer:
The correct answer to the following question is Product attributes.
Explanation:
Product attributes can be defined as the characteristics or features of a particular product that helps in defining what the product is and these attributes have a influence on the consumer's buying decision. Such attributes can be both tangible and intangible, where in tangible it can be color, weight, size, quantity of the product and on the other hand in the intangible attributes it can be quality, price , reliability of the product. In the developed nations people value such attributes more than in other developing nations.
Consumers
Businesses
And Governments
