Answer:
property taxes are based on the purchase price of the property.
Explanation:
when you buy a home, the assessed value is equal to the purchase price.
The type of account Samantha should recod the transaction is the contra account.
Answer:
230 days
Explanation:
The Public Trustee's Office must schedule the sale of an agricultural property with 215-230 days after the initial foreclosure action was recorded. The Public Trustee must notify the sale of the property in a local newspaper for at least 5 consecutive weeks. The Public Trustee must also mail a copy of the notice to the borrower.
Answer:
$45 million
Explanation:
Data provided in the question:
Book value of assets = $940 million
Market value of assets = $985 million
Book value of liabilities = $900 million
Market value of liabilities = $930 million
off-balance-sheet assets = $150 million
Off-balance-sheet liabilities = $160 million
Now,
Stockholders Net worth
= Market value of assets + Off balance sheet assets - Market value of liabilities - Off balance sheet liabilities
= $985 million + $150 million - $930 million - $160 million
= $45 million
