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anzhelika [568]
3 years ago
11

Property owners on one street have petitioned the city to install paved alleys behind their homes. If Marcus has a rectangular l

ot that measures 90 feet by 140 feet, on what amount would he pay the special assessment?
Business
1 answer:
ziro4ka [17]3 years ago
8 0

Answer: 90 feet

Explanation:

From the question, we are told that Property owners on one street have petitioned the city to install paved alleys behind their homes and that Marcus has a rectangular lot that measures 90 feet by 140 feet.

He would pay the special assessment based on 90 feet which is the width of the rectangular lot.

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It would be outputs 

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Jeannie plans to deposit $6,000 in a money market sinking fund at the end of each year for the next four years. What is the amou
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Answer:

A. The first cash flow of an annuity due is made on the first day of the agreement.

G. The last cash flow of an ordinary annuity is made on the last day covered by the agreement.

Explanation:

The computation is shown below:

As we know that

Future value after 4 years is

= Annual deposit  × Cumulative FV factor at 9% for 4 periods of an ordinary annuity

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2 years ago
Renue Spa had the following balances at December 31, Year 1: Cash of $15,000, Accounts Receivable of $61,000, Allowance for Doub
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Answer:

Explanation:

provision For Doubtfull Accounts Yr.3

Opening Bal.                                        =                         3,750

For the Year (215000*2%)                   =                          4300

Write-off                                                =                        -2100

Closing Balance (3750+4300-2100)  =                        5950

Account Recievable For Yr.3

Opening Bal.                                        =                         61000

Sales For the Year (215000*2%)         =                          215000

Provision For the Year                         =                        -4300

Cash Recived from Debtors                =                        218000

Closing Balance                                   =                        53700

Net Realizable Value of Recievables

Closing Debtors                                    =              53700  

Closing Provision                                  =              -5650

Net Realizable Value                             =             47750

C) Collectible Amount              

Provision For the Year                          =            4300

Previously writte of recoverred          =            -500

Total bad debts for the year                 =            3800    

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3 years ago
An investor seeking tax advantages through an oil and gas dpp. with this type of partnership he would expect to benefit most fro
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2 years ago
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