The annual tax bill of Smiths' house is $64120.
A tax is a compulsory fiscal burden or another type of levy imposed on taxpayers by government agencies to fund government expenditures and various public expenditures. A written claim for money owed by an individual or entity in taxes. It is used to fund and pay interest on federal debt.
The Smith home has an assessed value of $64120
tax rate = 3.2%.
The annual tax bill
= ($64,120 x . 032 = $2,051.84).
Hence, the annual tax bill is $2,051.84.
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As a manager, you are being charged with reducing cost in a satellite laboratory; the physical environment of the workplace is a component of in Planning this case.
<h3>What is the planning in management?</h3>
Planning in management is about what steps you need to take to reach the goal, what changes and hurdles to anticipate, and how to utilise human resources and opportunities to reach the expected outcome.
<h3>Why is planning is important?</h3>
Planning helps us see in advance those things that can help us achieve our goal and those things that can prevent us from achieving our goal and work out what to do about them. Planning helps us to be accountable for what we do.
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It should be noted that cost-benefit analysis is the way to compare the costs and benefits of a project expressed in monetary units.
<h3>
What Is a Cost-Benefit Analysis?</h3>
A cost-benefit analysis is the systematic process which businesses use on order to analyze which decisions to make and the ones that will be forgo. The cost-benefit analyst simply sums the potential rewards that are expected from a situation and then subtracts the total costs that are associated with taking that action.
The major steps in a cost-benefit analysis
- Specify the set of options.
- Decide whose costs and benefits count.
- Identify the impacts and select measurement indicators.
- Predict the impacts over the life of the proposed regulation.
- Monetize and place dollar values on impacts.
Before the class goes on a field trip to Walt Disney World in Orlando, it's important to conduct a cost-benefit analysis that will be used to evaluate all the potential costs and the revenues which the class might generate from the project.
Then, the outcome that is gotten from the analysis will determine whether the project will be financially feasible or whether the company can pursue another project.
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Answer:
$24,681.41
Explanation:
In this question, we use the present value formula which is shown in the spreadsheet.
The NPER reflected the time period.
Provided that,
Future value = $50,000
Rate of interest = 4%
NPER = 18 years
The formula is presented below:
= -PV(Rate;NPER;PMT;FV;type)
So, after solving this, the answer would be $24,681.41
Answer: confidentiality agreement (CA)
