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Elanso [62]
3 years ago
9

A new home sold for $350,000. The tax rate is $.825 per hundred or fraction thereof. How much will the annual taxes be on this p

roperty?
Business
1 answer:
Sonbull [250]3 years ago
3 0

Answer:

$2,887.50

Explanation:

$350,000 ÷ 100 = $3,500

$3,500 x 0.825 = $2,887.50

hope this helps :)

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In the past, manufacturer's representatives did not have real-time inventory data about the products they were selling. Today, m
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sharing information across the organization.

Explanation:

ERP software systems allow employees accurate and timely access to real time information about the company's areas that they work with. This can optimize how the company operates and increase cooperation between different areas. Also unnecessary operations and delays are eliminated.

Before, salespeople had to continuously check with inventory department about what products were available and ready to be sold, which caused delays and time is money.

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3 years ago
For whom were the first ready-to-wear suits made in America?
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c. Sailors would be the correct answer

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3 years ago
Hunter's Hut is considering a project that will require additional inventory of $48,000 and will increase accounts payable by $2
slamgirl [31]

Answer:

the project cash flow is $92,880

Explanation:

The computation of the project cash flow for the change in net working capital in the year 1 is shown below:

Working capital needed for the year 1 $55,000 ($550,000 × 10%)

Add: Additional inventory $48,000

Add: Increase in account receivable $11,880 ($297,000 × 4%)

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Hence, the project cash flow is $92,880

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2 years ago
In command economy, who makes production decisions?
earnstyle [38]
I think the most appropriate answer would be C.


I hope it helped you!
8 0
3 years ago
Hager Company sold some of its plant assets during 2021. The original cost of the plant assets was $900,000 and the accumulated
Artist 52 [7]

Answer:

an inflow of $90,000 in the investing activities section. Furthermore, a gain on disposal of $30,000 will be deducted from the operating activities section.

Explanation:

The cash flow statement categories the company's transactions in a financial period into 3 groups; these are operating, investing and financing.

The net profit/loss, depreciation, changes in current assets (other than cash) and liabilities are considered as operating activities including income taxes.  

The sale of assets, interest received, purchase of investments are examples of investing activities while the issuance of stocks, debt principal deduction (loan settlement), issuance of debt securities etc are examples of financing activities.

An increase in assets other than cash is an outflow while an increase in liabilities is an inflow. Depreciation and other non-cash expenses deducted in the income statements are added back while the non-cash income such gain on asset are deducted from net income.

As such the disposal is recorded as an inflow of $90,000 in the investing activities section.

The gain on disposal

= $90,000 - ($900,000 - $840,000)

= $30,000

This will be deducted from net income in the operating activities section.

5 0
3 years ago
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