All categories

3 years ago

Max Maxwell's property is assessed at $412,500. He pays $5775.00 in property taxes, what is the property tax rate in his city?

1 answer:

4 0

You divide his property by his tax. That makes 412,500 ÷ 5775 = 71.4285715286.
5775 is approx 71.4% of 412,500. The tax is approx 71.4%
To check this you multiply 71.4285714286 by 5775 which does get you 412,500

You might be interested in

"what has worked for you before?" identify the stage from the five-stage counseling model where an interviewer would most likel

taurus [48]

The Restory stage.

The 5 stages of the well-formed counseling session are:

1. Empathic relationship

2. Story and strengths

3. Goals

4. Restore - This question would fall under this stage because it's a recap of what worked well and what didn't work to figure out what are the next steps to take.

5. Action

3 0

3 years ago

Chestelle Corporation, a sports equipment manufacturing company, borrows a considerable sum of money as loan from GRJ Bank, a pr

Ymorist [56]

Answer:

Long term liability

Explanation:

Long term liability is defined as the amount of money a business owes that is due above a year. It is liabilities that do not affect the current liquidity of the business and its ability to do business.

In this scenario Chestelle Corporation has borrowed a large amount of money that is due in 4 years. It is due in over a year so it is a long term liability.

Long term liabilities are usually used to purchase capital assets or to make long term investment

3 0

4 years ago

Read 2 more answers

Suppose the current level of output is 5000. If the elasticities of output with respect to capital and labor are 0.3 and 0.7, re

Tamiku [17]

Answer:

5575

Explanation:

The computation is shown below;

<u>Factor Elasticity Increase Effective Increase </u>

A B A × B

Capital 0.3 10% 3.00%

Labor 0.7 5% 3.50%

Increase due to Productivity 5.00%

Total Increase in Output 11.50%

(3% + 3.5% + 5%)

Original Output 5000

Increase in Output (5000 × 11.5%) 575

Increase Output (5000 + 575) 5575

3 0

3 years ago

2. The case says that Kayem Foods is not meeting its profit targets. Why is it difficult for this firm to make money in this mar

swat32

Companies often set target for themselves. The reasons why it is difficult for this firm to make money is that;

As a result of poor demand for the products
It can be also be like due to the power or prestige gained over the years by the supermarkets is depreciating.
This can be due to the small price margin or the price competition from other manufacturers.
Losses encountered via the issue of Private Label
Poor marketing and advertisement strategy and poor budget allocation for it.

Kayem Foods is a very popular brand. It is known to be a 4th generation family owned business. It has it headquartered in Chelsea, MA.

It is commonly known in the world to be the biggest processed meat company that is found in New England. They are based on natural casing, fully cooked and fresh sausage etc.

Learn more about Food from

brainly.com/question/25884013

3 0

3 years ago

What is the term that describes the spreading of materials, money, and human resources to get work done in the most economical a

Butoxors [25]

Resource allocation - Apex answer

6 0

3 years ago

Read 2 more answers