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NemiM [27]
3 years ago
8

The property tax on a rental house owned by Mr. Janey increased by $1,200 this year. Mr. Janey increased the monthly rent charge

d to his tenant, Ms. Lacey, by $45. Who bears the incidence of the property tax increase
Business
1 answer:
MAXImum [283]3 years ago
6 0

Answer:

Both will bear

Explanation:

Both Mr. Janey and Ms. lacey will bear the incidence of the property tax increase because Mr. Janey has only shifted $540 ( $45 x 12) of the total $1200 by increasing the monthly rent charge of his tenant Ms. lacey by $45/month. Mr. Janey will pay only $660 of $1200 increase in tax and remaining will be paid by Mr Lacey.

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Serga [27]
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8 0
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Why is infrastructure a public good
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Answer:

This is because many goods and services have some or none of the characteristics that define public goods but may offer significant additional benefits beyond their private return  brainliest plz!

6 0
3 years ago
The state of texas encourages the parties to resolve all conflicts and disputes through alternative dispute resolution procedure
34kurt

The state of Texas encourages the parties to resolve all conflicts and disputes through alternative dispute resolution procedures such as mediation.

Mediation is an act or process of mediating by helping to settle a dispute or create agreement when there is conflict between two or more people or groups. This conflict is usually settled when the parties meet with a mutually selected impartial and neutral person who assists them in the negotiation of their differences.

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5 0
1 year ago
Wildhorse Co. had the following assets on January 1, 2022. Useful Life (in years) Item Cost Purchase Date Useful Life (in years)
Naddika [18.5K]

Solution :

<u>Journal Entry</u>

Date               Account and Explanation                          Debit             Credit

1 Jan,2022   Accumulated depreciation-machine            $ 68,000

                     Machine                                                                           $ 68,000

30 June,       Depreciation expense, $\left(\frac{27000}{5} \times \frac{6}{12}\right)$              $ 2700

2022             Accumulated depreciation- Forklift                                  $ 2700

30 June,        Cash                                                             $ 11,700

2022             Accumulated depreciation- Forklift,           $ 18,900

                     $\left(\frac{27000}{5} \times 3.5 \right)$

                    Gain on sale of forklift                                                         $ 3600

                    Forklift                                                                                $ 27000

31 Dec,         Depreciation expense, $\left( \frac{33400-3000}{8}\right)$        $ 3800

2022            Accumulated depreciation - Truck                                   $ 3800

31 Dec,         Accumulated depreciation - Truck,              $ 22800

2022            $\left( \frac{33400-3000}{8} \times 6\right)$

                     Loss on disposal of truck                            $ 10600

                     Truck                                                                                $ 33400

7 0
2 years ago
A security professional needs to identify a physical security control that will identify and authenticate individuals before all
horrorfan [7]

Answer:

A mantrap

Explanation:

A mantrap controls access to a secure area, and only allows one person to pass at a time. The scenario describes the social engineering tactic of tailgating, not the control to prevent it.

Some advanced mantraps include identification and authorization systems, such as biometric systems or smart cards and PINs. However, biometrics and smart cards used for physical security do not restrict passage to one person at a time unless they are combined with a mantrap.

6 0
3 years ago
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