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3 years ago

The local government uses property taxes to pay for goods and services in the community. true or false

Business

2 answers:

laiz [17]3 years ago

5 0

Answer: The answer is true.

The local government uses property taxes to pay for goods and services in the community.

Explanation:

Property tax refers to taxes levied by the government on land and building owners. It is levied based on the value of a property. Property tax is levied on tangible real estate properties, houses, office buildings and so on. These taxes are used for funding infrastructures like road, sewage system, pipe borne water, public safety, defence, building of public schools and so on.

Snowcat [4.5K]3 years ago

4 0

True usually it will go to fund local schools, and fixing roads

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Which of the following demonstrates the ability to accept constructive criticism well?

VMariaS [17]

Answer:

Making eye contact with the speaker and showing positive body language

Explanation:

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3 years ago

A manufacturer of industrial grade gas handling equipment wants to have $725,000 in an equipment replacement contingency fund 10

Amanda [17]

Answer:

$41,354.98

Explanation:

Required future worth = Annual savings x FVIFA(r%, N) x (1 + r)

Required annual savings ($) = [Required future worth / FVIFA(r%, N)] / (1 + r)

= 725,000 / [FVIFA(10%, 10) * 1.1]

= 725,000 / (15.9374 * 1.1)

= 725,000 / 17.53114

= 41354.98318991235

= $41,354.98

Note: Since this is annuity due (deposit made at beginning of year), FV is divided by (1+r).

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2 years ago

Kay, an art collector, promised Hammer, an art student, that if Hammer could obtain certain rare artifacts within 2 weeks, Kay w

IRINA_888 [86]

Answer:

Hammer would prevail against Kay based on:_______.

A. Unilateral contract.

Explanation:

A unilateral contract is a contract created by an offer that can only be accepted by performance. To form the contract, the party making the offer (called the “offeror”) makes a promise in exchange for the act of performance by the other party.

in relation to the case in the contract, Hammer had carried out the duties expected of him thus making the contract valid under a unilateral contract.

since in a unilateral contract, the offer can only be accepted when the other party completely performs the requested action.

Hence Hammer would prevail against Kay based on Unilateral contract.

5 0

3 years ago

(LaVilla) LaVilla is a village in the Italian Alps. Given its enormous popularity among

garri49 [273]

Answer:

a) 120 skiers per day

b) 6.25% increase in revenue

Explanation:

a) If the average skier stays 10 days, the average turnover is 1/10 of the skiers per day, or 1200/10 = 120 skiers per day.

b) For a stay of n days, the average skier spends ...

50 +(n-1)30 = 20 +30n

and the average spending per day is ...

(20 +30n)/n = (20/n) +30

So, for a 10-day stay, the average skier spends in restaurants ...

20/10 +30 = 32 . . . . per day

And for a 5-day stay, the average skier will spend ...

20/5 +30 = 34 . . . . per day

The change in restaurant revenue is expected to be ...

(34 -32)/32 × 100% = 2/32 × 100% = 6.25%

Restaurant revenues will be 6.25% higher compared to last year.

8 0

2 years ago

During the first month of operations ended August 31, Kodiak Fridgeration Company manufactured 46,000 mini refrigerators, of whi

notsponge [240]

Answer:

Sales 8,800,000

Less: Cost of goods sold (W1) 5,241,739.13

Contribution 3,558,260.87

Less: Fixed manufacturing cost 598,000

Less: Fixed selling and admin cost 320,000

Net Income 2,640,260.87

<em>(W1) Cost of goods sold</em>

Direct Material 3,450,000

Direct Labour 1,196,000

Variable manufacturing cost 782,000

Variable selling cost 600,000

Total variable cost 6,028,000

Less:closing inventory 786,260.87 (6,028,000/46,000*6,000)

COST OF GOODS SOLD 5,241,739.13

8 0

3 years ago