1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
olchik [2.2K]
3 years ago
5

A consumer values a car at $525,000 and a producer values the same car at $485,000. If the transaction is completed at $510,000,

what level of tax rate will result in unconsummated transaction?a) 1%b) 2%c) 5%d) 3%
Business
1 answer:
sammy [17]3 years ago
8 0

Answer:

d) 3%

Explanation:

The difference between the consumer and producer value is $40,000

However, the difference between the transaction and producer value is $25,000

So, tax rate that will result in unconsummated transaction is 3% ($15,300) which is the closest number to the difference between consumer/producer and producer/transaction results

You might be interested in
Nielson Motors sold 10 million shares of stock in an SEO. The market price of Nielson's stock at the time was $37.50. Of the 10
Yuliya22 [10]

Answer:

a. $144 million

Explanation:

The computation of the amount of money raised is shown below:

But before that we have to find out the amount raised and underwriting fees which is given below:

Amount raised by company is

= 4 million × $37.5  

= $150 million

And,

underwriting fees is

= $150 million × 4%

= $6 million

So, amount raised by the company is

= $150 million - $6 million

= $144 million

We deduct the underwriting fees from the raised amount

5 0
3 years ago
A real estate agent is considering changing her cell phone plan. There are three plans to choose from, all of which involve a mo
Anni [7]

Answer:

req 1)

Plan A

0.42 x 150 + 0.17 x 70 = 74.9

Plan B

0.52 x 150 + 0.15 x 70 = 88.5

Plan C  $80

req 2)

from 0 to 190 minutes Plan A

from 191 and beyond Plan C

req 3)

the proportion should be 1/6 daycalls and 5/6 evenings

Explanation:

150 day calls

70 minutes evening calls

Plan A

0.42 x 150 + 0.17 x 70 = 74.9

Plan B

0.52 x 150 + 0.15 x 70 = 88.5

Plan C  $80

2) A will be preferable to B as it has the lower cost

now at some point C will be better as the cost is a flat rate

80 dollars / 0.42 per minute = 190.47

3) 0.42X + 0.17Y = 0.52X + 0.15Y

a minute of daycall is 10 cent higher in plan B

while a minute of evening call is 2 cent lower

thus, to balance there was to be 5 times more evening call than day times:

1:5 1 + 5 = 6

the proportion should be 1/6 daycalls and 5/6 evenings

8 0
3 years ago
In her presentation on improving employee morale, Jillian makes this statement: So far, you've heard only about the problems we
devlian [24]

Answer: Switching Directions

Explanation:

Jillian made use of the Switching direction verbal signpost during her presentation.

A verbal signpost is a statement made during a public speech, that gets the audience attention and helps them to know the direction in which the speech is going.

7 0
3 years ago
1. Find the derivative y' = dy/dx:
Lera25 [3.4K]

Answer:

you did the questions right . very good

4 0
2 years ago
The marketing department at your company has promised your customers that the next software release will show a 1.66-fold perfor
timurjin [86]

Answer

The answer and procedures of the exercise are attached in the images below.

Explanation  

Please consider the data provided by the exercise. If you have any question please write me back. All the exercises are solved in 2 sheets with the formulas indications.  

4 0
3 years ago
Other questions:
  • The following amounts were taken from the financial statements of Ando Company: 2017 2016 Total assets $800,000 $1,000,000 Net s
    5·1 answer
  • Carr Corp. declared a 7% stock dividend on its common stock. The dividend:
    5·1 answer
  • Alpha Colony and Beta Colony both manufacture textiles and technology. Alpha Colony always produces higher quality textiles and
    13·1 answer
  • An agent wants to sell a highly valuable unregistered, nonexempt security to a customer. The agent has the client sign a waiver
    8·1 answer
  • Which of the following is not a function of prices in a market system? Group of answer choices Prices send signals to buyers and
    12·1 answer
  • Mike Samson is a college football coach making a base salary of $650,400 a year ($54,200 per month). Employers are required to w
    8·1 answer
  • Classify the following items as Direct materials, Selling and administrative expense, Factory overhead, or Direct labor. a. Rent
    13·1 answer
  • J.C. Penney Company is expected to pay a dividend in year 1 of $1.65, a dividend in year 2 of $1.97, and a dividend in year 3 of
    5·1 answer
  • Quality improvement, relevant costs, relevant revenues. SpeedPrint manufactures and sells 18,000 high-technology printing presse
    5·1 answer
  • the creation of new products and production methods that completely destroys the market positions of firms that are wedded to ex
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!