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
Whitepunk [10]
3 years ago
8

Dan is buying Jessica’s house. The closing date (day belongs to seller) of the sale transaction is March 9th. Current year real

estate taxes are $1,900 (will be billed to Dan next year). Use the 365-day method for prorating. What is Jessica's share of the real estate taxes for the current year?
Business
2 answers:
UkoKoshka [18]3 years ago
8 0

Answer:

JESSICA'S SHARE = $353.98

Explanation:

Given the following ;

Current year real estate tax= $1,900

Transaction Date = 9th March (Belongs to seller (Jessica))

Using the 365-day method of prorating :

Daily tax amount = annually tax fee ÷ number of days

Daily tax amount = $1900 ÷ 365 = $5.205479

JESSICA'S share of tax payment:

(January 1 - March 9) = 31 days + 28 days + 9 days = 68 days

JESSICA'S Real Estate tax payment =

Number of days × daily real estate tax amount =

68 × $5.205479 = $353.98

wariber [46]3 years ago
4 0

Answer:

$354

Explanation:

Annual amount / 365 days or monthly amount /length of month = daily amount.

Therefore;

Daily amount x the numbers of days = proration.

$1,900 / 365 = $5.21 daily amount

(31 January days + 28 February days + 9 March days =) 68 days

$5.21 x 68 = $354

Therefore Jessica's share of the real estate taxes for the current year is $354

You might be interested in
greene co. has pretax book income for the year ended december 31, 2019 in the amount of 265000 and has a tax rate of 30%. Deprec
Gennadij [26K]

Answer:

Pre-tax book income $265,000

Less depreciation additional charge $14,500

Taxable income $250,500

Tax liability at 30% = $75,150

8 0
3 years ago
You want to adopt a program to improve quality and efficiency within a company. Analyze four quality-control tools (Lean princip
abruzzese [7]

Answer:

Please find the complete question in the attached file.

Explanation:

The closeness to the next airport and railway station, all possible benefits of a location, prices as well as brand value of the location are required to choose the ideal company location.

Choosing SEZ's truly trade community is the best way to do the company because it offers availability and accessibility to the airport as well as all business centers.

Quality management where quality improvement is indeed the primary requirement and the best quality is measured. To improve quality overall, one must embrace it.

Its error rate is the minimum and the result is of the greatest durability, sturdiness, and value perception. Complete such as Agile, Kaizen, supply chain, and inventory control are available.

7 0
3 years ago
Find the amount of money in a savings account after 5 years if you deposit $400 at 1.5% interest compounded
zimovet [89]

Answer:

3.5%

Explanation:

it maks sence, duh.

7 0
3 years ago
Karen and Ethan execute the same roles and responsibilities at their organization. However, Ethan earns more than Karen. Under t
Arturiano [62]

Answer:

The answer is B. Ethan has more experience than Karen.

Explanation:

Now, lets take each Answer option separately and see why only B is correct.

Option A is no longer legally accepted or ethical. Perhaps during the era of segregation back in 1960s' this option could have been acceptable. But today it is illegal and is considered as a violation of basic human rights.

Option C is not correct as well because although people with special needs and physical requirements are entitled to receive certain special treatments, paying them more solely based on their disability is not considered suitable nor ethical.

Option D is unacceptable. No one can assume that men have more stamina than women. There are competent, strong and qualified women who can do their jobs much better than men. So we cannot accept this as an answer.

Option E is incorrect as well. Although a person could be an immigrant, once that person has lawfully taken the citizenship of a country, that "immigrant" is considered as a "citizen" of that country (this is not applicable for illegal immigrants!).

However, we can take option B as the answer. This is because when comparing a new employee with a more experienced employee, we can't see any problem in paying the experienced employee more.

4 0
3 years ago
The outdoor clothing company Patagonia, Inc. pledges one percent of the company's annual revenue to environmental causes around
Rufina [12.5K]
Obligation is a condition of being linked in a relationship. We are all obligated to maintain the earth so it will sustain us because we all live on it
3 0
3 years ago
Other questions:
  • Step 7 of 12 If you choose to purchase the car instead, you will need to pay: A down payment of $1,299.50 Monthly payments of $3
    5·1 answer
  • In 2019, Muhammad purchased a new computer for $16,000. The computer is used 100% for business. Muhammad did not make a $179 ele
    10·1 answer
  • Why is it important to consider several career options even if you're sure of your career choice?
    15·2 answers
  • William pays his $500 premium every 6 months for automobile insurance with collision coverage. His deductible is $750. William c
    13·2 answers
  • "After losing her job, a woman sits down to generate a list of ways that she can cut expenses and possibly pick up some extra in
    5·1 answer
  • What is the essential concept in understanding compound interest?
    15·1 answer
  • The difference between a job shadow and an internship is what?
    11·2 answers
  • Rekha, a server in the coffee shop of a large hotel, noticed a customer shivering and rubbing her arms. Rekha noticed the woman
    6·1 answer
  • Help please Briefly explain how technology affects promotional strategies.
    14·1 answer
  • What is the highest level of authoritative rules for state and local government accounting?
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!