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Pie
3 years ago
15

What types of services do property taxes typically pay for?​

Business
1 answer:
Amanda [17]3 years ago
5 0

Answer:

The local governing body will use the assessed taxes to fund water and sewer improvements and provide law enforcement, fire protection, education, road and highway construction, libraries and other services that benefit the community.

You might be interested in
(04.03 LC)
klemol [59]

Answer:

C. Safe driving

Explanation:

Behavioral factors refer to the lifestyle habits of an individual.  Auto insurance premiums are largely determined by the risk involved, as assessed by the insurance company.  Insurance companies consider

  • the car and its safety features,
  • the driver's history and habits,
  • insured credit history, among other factors, when determining auto premiums.

Safe driving is a habit that develops in a driver over time. It is captured in the driver's driving history.  A driver with few incidents and accidents than other pay lower insurance premiums. However, accident-prone drivers, those who drive many hours per day, and night drivers will always pay high insurance premiums.

5 0
2 years ago
Following is information on two alternative investments being considered by Jolee Company. The company requires a 10% return fro
lutik1710 [3]

Answer:

A. NPV for A= $61,658.06

NPV  for B = $25,006.15

B.  1.36

1.17

Project A

Explanation:

Net present value is the present value of after tax cash flows from an investment less the amount invested.

NPV can be calcuated using a financial calculator

for project A :

Cash flow in

Year 0 = $(172,325)

Year 1 41,000

Year 2 47,000

Year 3 85,295

Year 4 86,400

Year 5 56,000

I = 10%

NPV = $61,658.06

for project B

year 0 = $ (145,960)

Cash flow in

Year 1  27,000

Year 2  52,000

Year 3 50,000  

Year 4 71,000

Year 5  28,000

I = 10%

NPV = $25,006.15

profitability index = 1 + NPV / Initial investment

for project A, PI = $61,658.06 / 172,325 = 1.36

For project B, PI = $25,006.15 / 145,960 = 1.17

The project with the greater NPV and PI should be chosen. this is project A.

To find the NPV using a financial calculator:

1. Input the cash flow values by pressing the CF button. After inputting the value, press enter and the arrow facing a downward direction.

2. after inputting all the cash flows, press the NPV button, input the value for I, press enter and the arrow facing a downward direction.  

3. Press compute  

3 0
2 years ago
- QI- State 2 reasons why it is necessary to prepare<br> financial statements at regular intervals
Liono4ka [1.6K]

Answer:

-Better decision making

-Can prevent costly mistakes and helps in tax period

5 0
2 years ago
10. You have just deposited $1000 in an unusual bank account that pays interest biannually (once every 2 years). If the 2-year i
madam [21]

Answer:

FV= $1,259.71

Explanation:

Giving the following information:

Initial deposit (PV)= $1,000

Number of periods (n)= 3 biannual years

Interest rate (i)= 8% = 0.08

<u>To calculate the future value (FV), we need to use the following formula:</u>

FV= PV*(1+i)^n

FV= 1,000*(1.08^3)

FV= $1,259.71

6 0
3 years ago
G4S is a company that provides security services. Saving lives is not the employees' primary job. Which of the following options
professor190 [17]

Answer: A

Cross training

Explanation:

Cross training involves teaching an employee the the skills required to execute the task he/she was employed for and also the skills required to perform a different job function. G4S is a security firm and the primary job function of its recruit will be protecting life but there might be case of an injured individual that need quick medical help, in such cases an employee is required to know basic first aid. Hence the need for cross training.

3 0
2 years ago
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