All categories

3 years ago

The tax assessment ratio for a house valued at $250,000 is 80%. If the tax rate is $2.00 per $100 what is the annual tax?

Business

1 answer:

frosja888 [35]3 years ago

3 0

Answer:

$4,000

Explanation:

First, you have to determine the 80% of $250,000:

$250,000*0.8= $200,000

Then, you can use the rule of three to determine the annual tax:

$2→$100

x ← $200,000

x=(200,000*2)/100=$4,000

According to this, the answer is that if the tax rate is $2.00 per $100, the annual tax is $4,000.

You might be interested in

Bruno's is analyzing two machines to determine which one it should purchase. The company requires a rate of return of 14.6 perce

Dimas [21]

Answer:

Machine A; because it will save the company about $13,406 a year

Explanation:

The computation is shown below:

Equate Annual Cost = PV of Cash Outflow ÷ PVAF (r%, n)

For Machine A:

Year CF PVF at 14.6% Disc CF

0 $3,18,000.00 1.0000 $3,18,000.00

1 $ 8,700.00 0.8726 $7,591.62

2 $8,700.00 0.7614 $6,624.45

3 $ 8,700.00 0.6644 $ 5,780.50

PV of Cash Outflow $3,37,996.58

PVAF(14.6%,3) 2.2985

PV of Cash Outflow $1,47,053.69

For Machine B:

Year CF PVF at 14.6% Disc CF

0 $2,47,000.00 1.0000 $2,47,000.00

1 $9,300.00 0.8726 $8,115.18

2 $9,300.00 0.7614 $7,081.31

PV of Cash Outflow $2,62,196.49

PVAF(14.6%,2) 1.6340

PV of Cash Outflow $1,60,459.86

So the machine cost would be purchased as it lower the cost by $13,406.17

5 0

3 years ago

An investor from United Arab Emirates wants to establish a University of Science and Technology in Uganda.

prisoha [69]

Answer:

Make a canteen

Explanation:

to eat when hungry

4 0

3 years ago

Tyler company has been approached by a new customer with an offer to purchase 6,000 units of its product kr200 at a price of $11

Lilit [14]

So tyler company gets new customer which purchase 20% of the production whcih company sales during business year with th 40% discount.

8 0

4 years ago

If a firm has $300,000 in cash flow from assets and $100,000 in cash flow to shareholders, what is the cash flow to creditors?

Oxana [17]

The cash flow from assets must equal the sum of the cash flow to creditors plus shareholders.

CF from Assets = CF to Shareholders plus CF to Creditors.

CF From assets = CF to Shareholders + CF to creditors.

CF from assets - CF to Shareholders = CF to creditors.

Thus, 300,000 - 100,000 = 200,000.

What is cash flow (CF)?

One of the areas on the cash flow statement that details how much money was made or spent on various investment-related activities during a given time period is the cash flow from investing activities (CFI) section. Purchases of tangible assets, investments in securities, and sales of assets or securities are all examples of investing activities.

A company's poor performance is frequently indicated by negative cash flow. Negative cash flow from investing activities, however, could be the result of significant sums of money being spent on things like R&D that are essential to the company's long-term success.

It's crucial to understand where an organization's investment activity fits into its financial statements before analyzing the various positive and negative cash flows from investing activities.

The balance sheet gives a summary of the assets, liabilities, and owner equity of a company as of a particular date. An overview of the company's earnings and outlays for a time period is given by the income statement. By displaying how much money is made or spent on operating, investing, and financing activities over a given time period, the cash flow statement fills the gap between the income statement and the balance sheet.

Thus, $200,000 is cash flow to creditors.

For more information on Cash Flow, refer to the given link:

brainly.com/question/28238360

#SPF4

8 0

2 years ago

20 POINTS please answer quick!

Montano1993 [528]

Answer:

hyejh466u35j736

Explanation:

hye3j74j46j7k7 y4j7jhynejvijijjufrvjuejvhybtybt3nutgbtygnbuynnnveutbnvrnvrwjmuecyvbrtevmirwubtyvntgiru0ebvthbyghbygnbnbnvruhvtyhgguru8ht

6 0

3 years ago