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2 years ago

Which of the following is the largest source of revenue for local governments

Business

2 answers:

Radda [10]2 years ago

5 0

Property taxes are usually the largest source of revenue for local governments.

Property taxes account for a large portion of revenue, typically 35%. Depending on the state or territory, natrual resources could also account for a big portion of income for local governments.

Lots of states have an overabundance of natrual resources, which is used to their advantage to collect more profit. But the majority of states don't have an overabundance of a single resource, which is why property taxes are usually the largest source of revenue for local governments.

nadezda [96]2 years ago

5 0

Answer: I just took the quiz and got 100%

1. A: Medicare is for people over age 65, whereas Medicaid is for low–income families.

2. C: one for which those with higher incomes receive lower benefits or no benefits at all

3. D: social security

4. A: When criteria have been set for a program there is no control of how many people will qualify.

5. B: The baby boomer generation will qualify for both programs.

6. A: sales and individual income taxes

7. C: long-term borrowing or sale of bonds

8. B: property taxes

9. B: Only the operating budget must be balanced.

10. D: public school systems

Feel free to mark as brainliest and have a blessed day :)

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On July 1, 2021, Tremen Corporation acquired 30% of the shares of Delany Company. Tremen paid $3,160,000 for the investment, and

Alenkasestr [34]

Answer:

Amount paid to acquire investments $3,160,000

Net income $1,100,000

Less: Yearly dividends (140,000*4) ($560,000)

Income after dividends $540,000

Share in income after dividends

for 6 months ($540,000 * 30% * 6/12) $81,000

Balance of investments of Tremen corporation $ 3,079,000

Hence, the balance of investments of Tremen corporation in Delany company is $3,079,000 .

5 0

3 years ago

Delinquency occurs at how many days past due on your loan repayment?

Maslowich

Delinquencies are reported when the loan is 30 or more days past due to the credit bureau. When the borrower is 90 or more days past due is stated to be a serious delinquency.

Explanation:

Delinquency is a situation in which the loan borrower fails to pay the loan or makes an overdue on the periodical payment.

Delinquency rate:

The percentage of loans within the loan portfolio of a financial institution whose payments are delinquent. The formula to calculate the delinquency rate is as follows,

$\text{Delinquency Rate }=\frac{\text{Number of delinquent accounts}}{\text{total number of credit accounts}}\times100$

Average days delinquent:

This is calculated by subtracting the days sales outstanding (DSO) from best Possible DSO which is represented as

$\bold{\text{ADD= Days Sales Outstanding - Best Possible Days Sales Outstanding}}$

5 0

3 years ago

Adamis the owner/operator of a flower shop. Last year he earned $250,000 in total revenue. His explicit costs were $175,000 paid

Degger [83]

A is the correct answer

4 0

3 years ago

Preferred stock is a hybrid security because it has some characteristics typical of debt and others typical of equity. The follo

jonny [76]

Answer:

Dividends are fixed. ⇒ Consistent with Debt

Fixed dividends makes preferred shares consistent with debt because debt repayments are made in equal payments as well.

Usually has no specified maturity date ⇒ Consistent with Equity.

Equity has no set maturity date unlike debt and preferred stock has no maturity date either so is much like equity in this regard.

Cost of preferred stock.

Preferred stock is like a perpetuity. The cost of preferred stock is therefore:

= Constant dividend / Price of stock

= 13 / 130.45

= 9.97%

= 10%

8 0

2 years ago

Assume that you manage a risky portfolio with an expected rate of return of 15% and a standard deviation of 30%. The T-bill rate

bulgar [2K]

Answer:

The proportion of the investment is 100%.

Explanation:

This can be calculated using the following formula:

Rportfolio = (y * Rrisky) + ((1 - y) * Ttbill) ..................... (1)

Where;

Rportfolio = Overall portfolio expected rate of return = 15%. or 0.15

Rrisky = risky portfolio expected rate of return = 15%, or 0.15

Ttbill = T-bill rate = 10%, or 0.10

Substituting the values into equation (1) and solve for y, we have:

0.15 = (y * 0.15) + ((1 - y) * 0.10)

0.15 = 0.15y + 0.10(1 - y)

0.15 = 0.15y + 0.10 - 0.10y

0.15 - 0.10 = 0.15y - 0.10y

0.05 = 0.05y

y = 0.05 / 0.05

y = 1.00, or 100%

Therefore, the proportion of the investment is 100%.

6 0

2 years ago