3 years ago

The state government establishes the guidelines under which local governments can impose property taxes. true false

Business

1 answer:

Karolina [17]3 years ago

5 0

The answer to your question is True.

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The lower the market price,

zalisa [80]

D the lower the taxes(I searched it up)

8 0

8 months ago

Data concerning Farm Corporation's single product appear below: Selling price per unit $ 320.00 Variable expense per unit $ 76.8

lara [203]

Answer:

$224,000

Explanation:

Contribution margin = Selling price - Variable cost

= $320 - $76.8

= $243.2

Contribution margin ratio = Contribution margin / Sales

= $243.2 / $320

= $0.76 × 100

= 76%

Break even point = Fixed cost / Contribution margin ratio

= $170,240 / 76%

= $224,000

7 0

3 years ago

A company borrows $25 000 to buy new equipment. The loan is to be repaid in five equal annual payments. If the interest rate is1

REY [17]

Answer:

Each payment is of $6595

Explanation:

Amount borrowed by company= $25000

No. of installments = 5

Interest rate = 10%

We are supposed to find how much are each of the payments

Formula : $Amount =I (\frac{1-\frac{1}{(1+r)^n}}{r})$

I = installment

r = rate of interest

n = No. of installments

So, $25000 =I (\frac{1-\frac{1}{(1+0.1)^5}}{0.1})\\\frac{25000}{(\frac{1-\frac{1}{(1+0.1)^5}}{0.1})}=I\\6594.93=I$

So, Each payment is of $6595

7 0

3 years ago

g Which of the following is true about T accounts? a.The left side of a T account is called the credit side. b.The right side of

svp [43]

Answer:

cl i think the answer is A

6 0

3 years ago

You are considering the purchase of a certain stock. You expect to own the stock for the next four years. The current market pri

murzikaleks [220]

Answer:

The answer is: The expected rate of return from this investment is 26.68%

Explanation:

We are given the following cash flows for this operation:

Initial investment = -$24.50
Cash flow 1 = $1.25 (dividend year 1)
Cash flow 2 = $1.35 (dividend year 2)
Cash flow 3 = $1.45 (dividend year 3)
Cash flow 4 = $56.55 ($1.55 dividend year 4 + $55 stock's sales price)

Using an excel spreadsheet and the IRR function:

=IRR(value 1: value 5) =26.68%

where

value 1 = -24.50
value 2 = 1.25
value 3 = 1.35
value 4 = 1.45
value 5 = 56.55

7 0

3 years ago