Answer: c. $ 7,000
Explanation;
Homeowners who list the house they own as their primary place of residence are entitled to a tax exemption from the full cash value of $7,000.
This thus enables them to make savings on taxes paid every year. The home as previously alluded to, must be occupied by the owner and not rented nor vacant for one to qualify for this tax exemption.
If Waterway Industries compiled the financial information as of December 31, 2022. Waterway's assets on December 31, 2022 are: $587500.
<h3>Assets</h3>
Using this formula
Assets=Equipment+Cash+Supplies+Accounts receivable
Where:
Equipment=$246000
Cash=$216000
Supplies=$33000
Accounts receivable=$92500
Let plug in the formula
Assets=$246,000 + $216,000 + $33,000 + $92,500
Assets =$587500
Therefore If Waterway Industries compiled the financial information as of December 31, 2022. Waterway's assets on December 31, 2022 are: $587500.
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Answer:
there are no options listed, but the answer should be $592.91 or the closest option
Explanation:
this is an ordinary annuity and in order to calculate the monthly payment you can use the present value of an annuity formula:
present value = monthly payment x PV annuity factor
monthly payment = present value / PV annuity factor
- present value = $27,500 - $2,500 (rebate) = $25,000
- PV annuity factor (0.541667%, 48 periods) = 42.16421
monthly payment = $25,000 / 42.16421 = $592.91
Answer:
A. Coincident indicator
Explanation:
Option B is not the answer as the lagging indicator is the occurrence after the target variable has associated with the economy.
Option C is not the answer as the leading indicator is the changes before the beginning of the economic factor. It means it predicts economic activities.
Option D is not an economic indicator, so it is incorrect.
<em>Option A</em> is the answer because the employment rate and interest rate are examples of the coincident economic indicator. It occurs when both factors occur at the same time. It also suggests the current state of an economy.
It should be noted that an income statement A. Reports the results of operations for a period.
<h3>What is an income statement?</h3>
An income statement simply means the financial statement which shows the income and expenditure of a company.
An income statement reports the results of operations for a period. It's important to know how the company is doing financially.
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