1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Vikentia [17]
3 years ago
7

A house is closed on April 15. The property taxes are $960 for the year. They have not been paid. How much does the buyer receiv

e from the seller at closing
Business
1 answer:
Scilla [17]3 years ago
4 0

Answer:

Explanation:

divide the total taxes 960 by 365 (number of days in the year) to get per day tax which is 2.63$. Days from 1 January to April 15 are 105, these 105 days times 2.63$ =276.15.

so, now we have calculated the amount of taxable by seller at closing date and buyer will receive the same from seller i.e 276.15 $ .

You might be interested in
Explain five reasons some areas have high population density and give example of those areas​
Naddik [55]

Answer:

The following are the major reasons the high density of the population in any place.

Availability of water.

Industrialisation.

Employment potential.

Infrastructure facilities like housing, roads, proper transport facilities, health and education, communication facilities etc.

Explanation:

Mark me as brainlist

4 0
2 years ago
The following data were accumulated for use in reconciling the bank account of Creative Design Co. for August 20Y6: Cash balance
frez [133]

Answer:

bank statement                                          56,300

Checks outstanding                                  (25,390)

Deposit in transit not recorded by bank<u>    13,325  </u>

Adjusted bank statement                           44,235‬

Cash account                                       42,920

Bank debit memo for service charges      (35)

check register error:                         <u>       1,350   </u>

Adjusted cash account                         44,235

Explanation:

The procedure is to adjust for the unknow information and mistake of each party.

The bank is unaware of the check outstanding and deposit in transit

The company thanks to the banbk statement gets information about a mistake in his check register as it was posted for 1,500 when it should be 150.

6 0
4 years ago
E-Eyes has a new issue of preferred stock it calls 20/20 preferred. The stock will pay a $20 dividend per year, but the first di
Sever21 [200]

Answer:

You would pay approximately $35.00 today

Explanation:

The cost of the stock at the beginning of the year 20

= 20/9.75%

= 20/0.0975

= 205.13 dollars

We find the current price of the stock

= Fv/(1+r)^n

= 205.13/(1+9.75%)¹⁹

= 205.13/1.0975¹⁹

= 205.13/5.86

= $35.00

From this calculation you have to pay 35 Dollars today.

5 0
3 years ago
Which is the best timeline entry based on the information above (1 point)?
dlinn [17]
1837 Douglass joined the East Baltimore Improvement Society. 
5 0
3 years ago
Read 2 more answers
An attractive business climate is defined by only one dimension: it minimizes the political risk to a company.
kari74 [83]
I believe the correct answer is false. <span>An attractive business climate is not defined by only one dimension: it minimizes the political risk to a company. Other than this, there are other indicators present. Hope this answers the question. Have a nice day.</span>
4 0
3 years ago
Other questions:
  • Which distribution channel is a small manufacturer of specialty wood gift products sold to gift shops most likely to use? Assume
    14·1 answer
  • Libre, Inc. has experienced bad debt losses of 5% of credit sales in prior periods. At the end of the year, the balance of Accou
    15·1 answer
  • Solve the problem below using the intuitive least cost method and answer the following: Cranbury Plainfield Saddle Brook Supply
    5·1 answer
  • ________ involves determining the point at which the number of units sold generates just enough revenue to equal the total costs
    9·1 answer
  • When you apply for credit, the lender will review the "Four C's" to decide whether you are a good credit risk, or in other words
    7·1 answer
  • Jent Corp. purchased bonds at a discount of $10,000. Subsequently, Jent sold these bonds at a premium of $14,000. During the per
    9·1 answer
  • Tharaldson Corporation makes a product with the following standard costs:Standard Quantity or Hours Standard Price or Rate Stand
    11·1 answer
  • Analyzing Unearned Revenue Disclosures
    5·1 answer
  • Taxable income of a corporation
    9·1 answer
  • According to Daniel Kahneman and Amon Tversky, a $1 loss pains us ________ times more than a $1 gain helps us.
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!