Answer:
<em>The amount that he will be charged in a special assessment tax to cover his cost of the sidewalk Is $2000 </em>
<em></em>
Explanation:
We are told that the property is an interior lot, so we'll only consider one of the width of his plot, since the sidewalk can only pass through the front or the back of his property.
The property measures 100' x 500' , that is 100 ft width by 500 ft length
The cost of the sidewalk is $40 per linear ft
The city will pick up 50% of the cost.
For a width of the lot, the cost per linear length will be
100 x $40 = $4000
The city covers 50% of this cost, leaving 50% of the cost to the homeowner.
The homeowner's cost will be 50% of $4000
= 0.5 x $4000 =<em> $2000 </em>
<em>The amount that he will be charged in a special assessment tax to cover his cost of the sidewalk Is $2000 </em>
Answer:
Foster an innovative culture and climate that permits experimentation, risk-taking , and failure.
Explanation:
The director of the new product development in the given case comes across that even after the proper research done by his team regarding the product acceptance by the consumers the outcome was not the same.
In order to keep his team open to innovation the director Rinn should encourage and develop an environment of creating new ideas and products which should open up the scope for experiments , risks and failure of the product keeping in mind that all experiments does not necessarily leads to positive results and involves risks as well.
Deposits outstanding refer to cash receipts that have been documented in the accounting records of the business but have not yet been recorded by the bank.
<h3>What is an Outstanding Deposit?</h3>
A monetary sum that has been recorded by the receiving business but hasn't been recorded by its bank is known as an outstanding deposit. On the recurring bank reconciliation created by the receiving company, all unpaid deposits are reported as reconciling items. The receiving entity's book balance is reduced from these deposits to determine the bank balance.
When a bank reconciliation is conducted, there are often few of these deposits indicated as reconciling items because they are typically just outstanding for one business day.
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When money is used as a standard of value, a person is when money is used as a standard of value, a person is purchasing a necessity.
The Standard of value is an agreed-upon well-worth for a transaction in a country's medium of alternate, which include the U.S. greenback or Mexican peso. A trend of fee lets in all merchants and financial entities to set uniform charges for items and offerings. This trend is important in an effort to keep a strong financial system.
While economists say that money serves as a unit of account, they suggest that it's far: a financial unit for measuring and comparing the relative values of products.
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