Answer:
$1683.50
Step-by-step explanation:
You are expected to know that a "mill" is one thousandth of a dollar. In this context, it is the amount of tax on one dollar of assessed valuation. So, the tax amount is found by multiplying the valuation by 18.5/1000:
tax = 0.0185 · $91,000 = $1683.50
Answer: Question 1
a)5.47
b)4.53
Step-by-step explanation:
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
Therefore, the final stock is 1,000
Answer:
Could you add the production of this soup if it was served in a restaurant?
Step-by-step explanation:
I'll answer then
