Answer:
Formal tax legislation is the process by which a proposed tax rule or tax change may become law in the United States. Formal tax legislation follows specific steps as defined by the U.S. Constitution.
Explanation:
Answer:
Cash flow= $64,847
Explanation:
Giving the following information:
Sellin price= $72,376
Tax rate= 25%
Book value= $43,070
<u>First, we need to calculate the gain from the sale and the tax:</u>
Gain= 72,376 - 43,070= $29,036
Tax= gain*tax rate
Tax= 29,036*0.25= $7,259
<u>Now, we can calculate the after-tax cash flow:</u>
<u></u>
Gain= 29,036
Tax= (7,259)
Book value= 43,070
Cash flow= $64,847
Answer:
The correct answer is option A.
Explanation:
The assessment value can be found by calculating the ratio of assessed value of a property to its market value.
Market value is the rate at which the property can be sold in the open market.
The assessed value is the value given to the property by the assessor's office in order to estimate property taxes.
Answer: A demand curve is built on the assumption that only the demand and price of the good/service will change.
Explanation: A demand curve is a graph that shows the change in how much demand may change if price of the good/service changes well. The graph helps connect the relationship between both price and demand
Answer:
A
Explanation:
The question is saying, 'fit for you' therefore I think this is about the owner and not necessarily the consumer hence the potential owner should go and shadow
