Answer:
$4,000
Explanation:
First, you have to determine the 80% of $250,000:
$250,000*0.8= $200,000
Then, you can use the rule of three to determine the annual tax:
$2→$100
x ← $200,000
x=(200,000*2)/100=$4,000
According to this, the answer is that if the tax rate is $2.00 per $100, the annual tax is $4,000.
A researcher found that students who scored high on a test of reading achievement also scored high on a self-esteem inventory. the researcher can say that reading achievement and self-esteem are <u>positively correlated.</u>
Two variables that move together, or in the same direction, are said to have a positive correlation. A positive correlation exists when one variable increases as the other increases or when one variable decreases while the other decreases. Theoretically, the same external forces can affect both of these separate variables because they travel in the same direction.
A fully positive correlation means that the variables move together by the same proportion and direction 100% of the time. The demand for a product and the price that goes along with it are positively correlated. If demand increases in circumstances where the supply is constant, the price will go up.
To learn more about Positively Correlated from the given link.
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Answer:
D1 = $4.085
D2 = $4.46
D3 = $4.86
D4 = $5.01
D5 = $5.16
Explanation:
As per the data given in the question,
DO = $3.75
Dividend expected to grow = 9%
Dividend grow later = 4%
D1 = DO(1+ Dividend1) = $3.75(1+9%)
=$3.75(1.09)
=$4.085
D2 = DO(1+ Dividend1 )( 1 + Dividend2)
= $3.75(1+9%)(1+9%)
= $4.46
D3 = DO(1+Dividend1)(1+Dividend2)(1+Dividend3)
= $3.75(1+9%)(1+9%)(1+9%)
= $4.86
D4 = DO(1+Dividend1)(1+Dividend2)(1+Dividend3)(1+Dividend later)
= $3.75(1+9%)(1+9%)(1+9%)(1+3%)
= $5.01
D5 = DO(1+Dividend1)(1+Dividend2)(1+Dividend3)(1+Dividend later)(1+Dividend later)
= $3.75(1+9%)(1+9%)(1+9%)(1+3%)(1+3%)
= $5.16
Answer:The up-to-date ending cash balance on October 31 is: $8,290---C
Explanation:
A bank Reconciliation statement helps to match a company's book record to its bank record and adjust discrepancies, If any.
Here, the deposits in transit and outstanding checks fall under the bank's accounting records and will not be involved in the company's additions or deductions in the accounting book balance records.
Ending cash balance as per books = $7,000
Add:
Interest received from Bank = +$1,700
subtotal $8,700
Deduct
Bank Service charge = -$60
NSF check = -$350
Up-to-date ending cash balance = $8,290