Answer:
$200,000
Explanation:
we must first determine the assessed value not taxed on Garth's old home:
market value of Garth's old home - assessed value = $250,000 - $175,000 = $75,000
now we subtract $75,000 from the market value of Garth's new home:
$325,000 - $75,000 = $250,000 = adjusted assessed value of Garth's new home
The taxable value of Garth's new home (for city taxes) = adjusted assessed value - homestead exemptions (for city taxes) = $250,000 - $50,000 = $200,000
I believe the answer is false
Answer:
1. Using the percent-of-sales method, calculate the amount of Uncollectible-Account Expense if Summer Corporation estimates its uncollectible-account expense using a rate of 3% of credit sales. What is the ending balance of the Allowance for Uncollectible Accounts under this scenario?
14100
Summer Corporation has $ of uncollectible-account expense using the percent-of-sales method.
3100
Calculate the amount of its Uncollectible-Account Expense. What is the ending balance of the Allowance for Uncollectible Accounts under this scenario?
15000
The ending balance of the Allowance for Uncollectible Accounts is $ under this scenario.
Dont have enough information.
Explanation:
Account receivable 88000
Allowance for uncollectible -11000
Service revenue 470000
Estimate uncollectible 3%
Ending balance of the allowance 14100
Expense 3100
Allowance for Uncollectible 26000
Uncollectible expense account 15000
Answer:
1 billion
Explanation:
According to the World bank, about 1 billion people are malnourished around the world despite its efforts to reduce the rate of malnourishment in some lower-income nations. A larger percentage of this 1 billion malnourished people are in the Asian and Pacific continents; rather large percentage of about 60-65 percent.
I hope this helps.
