When property is sold in the middle of year, both the buyer and seller can deduct their pro rated portion of the property tax.
The property taxes are based on the assessed value of the property. So when the property tax is pro rated at the time of the transfer, both the buyer and seller can deduct their pro rated portion of the property tax.
Buyer and seller prorations are often applied during real estate closing transactions to divide the cost of expenses like property taxes. Thus, the buyer gets a deduction for the prorated amount of property tax due after closing, and the seller gets the same deduction for the taxes.
Hence, both the buyer and seller receives the deduction for the real property tax.
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Answer:
Making decisions and taking actions to achieve a superior fit between the organization and its environment is. strategic management
What is strategic management?
a process that uses vision, goals and objectives, internal, and external analysis, and implementation levers that can be used to help formulate and implement strategy.
<span>A. Once you finish making your budget, you should not change it.</span>
Answer:
See answer and explanation below.
Explanation:
Generally, customer relationship management (CRM) is a technology that companies employ to manage their relationships and interactions with the existing customers and potential ones.
Other information Wells Fargo’s CRM system can tell the company include:
1. It provides information that can support it marketing strategy and sales.
2. It shows the most profitable customer of the bank and suggests technique to employ in order to improve product offering to these set of customers.
3. It identifies and provides information on different customer segment and improve the customer experience.
Answer:
Price today = $26.54
Explanation:
The price of the stock can be calculated using the Dividend Discount Model (DDM). The DDM values the stock based on the present value of the expected future dividends from the stock.
The formula to calculate the price of the stock is attached.
Price today = 2.1 * (1+0.08) / (1+0.11) + 2.1 * (1+0.08) * (1+0.06) / (1+0.11)^2 +
2.1 * (1+0.08) * (1+0.06) * (1+0.04) / (1+0.11)^3 +
[(2.1 * (1+0.08) * (1+0.06) * (1+0.04) * (1+0.02)) / (0.11 - 0.02)] / (1+0.11)^3
Price today = $26.54
