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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?

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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Purple Cab Company had 50,000 shares of common stock outstanding on January 1, 2018. On April 1, 2018, the company issued 20,000

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Answer:

The basic earnings per share is $4.15

Explanation:

Earning Per Share : Earning Per share shows a ratio between net income and weighted average outstanding shares.

In mathematically,

Earning Per Share = Net income ÷ weighted average outstanding shares

where,

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And, On Jan 1, 2018 the share is 50,000 whereas on April, 2018 the shares is 20,000. But we have to calculated for the December period. From April to December there are 9 months.

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Hence, total weighted average outstanding shares is

= 50,000 +15,000

= 65,000 shares

Now, apply the above formula for computation

= $269,915 ÷ 65,000 shares

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2 years ago

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iragen [17]

Answer:

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Explanation:

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2 years ago

Consider a competitive market with a large number of identical firms. The firms in this market do not use any resources that are

lozanna [386]

Answer:

a. increase price in the short run but not in the long run.

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3 years ago

PackMan Corporation has semiannual bonds outstanding with nine years to maturity and are currently priced at $754.08. If the bon

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Answer:

b. 8.225%

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In this question, we use the Rate formula which is shown in the spreadsheet.

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= Rate(NPER,PMT,-PV,FV,type)

The present value come in negative

So, after solving this,

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= Pretax cost of debt × ( 1 - tax rate)

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3 years ago

Suppose that production for good X is characterized by the following production function, Q = K0.5L0.5, where K is the fixed inp

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Answer:

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2 years ago