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DochEvi [55]
3 years ago
13

What is the assessed valuation of a house with a $67,170 market value and a 49 percent assessment rate?

Mathematics
1 answer:
-BARSIC- [3]3 years ago
5 0
Had to look for the missing options and here is my answer.

Given that the market value of the house is $67,170 and it has a 49 percent assessment rate, the assessed valuation of this house would be $32,913. So how we got this amount is that we multiplied 0.49 by 67,170 and we got 32,913.3. Hope this answers your question.
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this is not that long but I tried

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Step-by-step explanation:

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Answer:

It is known that in the periodic inventory, the accounting record of the stock of goods will occur only at the end of a certain period with the physical count of the existing quantities. Consider the following CVM information = 500.00; Initial Inventory = 700.00 and Purchases = 800.00. Applying the concept of periodic inventory and applying the formula for calculating the CMV, determine the value of the final stock.

ALTERNATIVES

Final stock of 2,000.00.

Final stock of 1,500.00.

Final stock of 1,300.00.

Final stock of 1,200.00.

Final stock of 1,000.00.

Final Stock (EF)  = 1,000.00

Step-by-step explanation:

Alternative E -  Final stock of 1,000.00.

Given That,

CMV = 500,00

Initial Stock (EI) = 700.00

Purchases (C) =  800.00

Final Stock (EF)  = ?

Formula

CMV = Initial Stock (EI) + Purchases (C) - Final Stock (EF)

CMV = EI + C - EF

500 = 700 + 800 - EF

500.00 = 700.00 + 800.00 -X

500 = 1500- EF

500.00 = 1,500.00-X

EF = 1500-500

X = 1,000.00

EF = 1,000.00

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