Answer:
4%
Explanation:
The property tax rate required in the given question shall be determined through the following mentioned formula:
Property tax rate=[(Budget expenditure-Non property tax income)/Assessed value of the all properties-Total exemption)]
Based on the above formula:
Property tax rate=[($108 million- $50 million)/($2,000 million-$550 million)]
Property tax rate=$58 million/$1,450 million
Property tax rate=4%
Answer:
b. societal marketing concept
Explanation:
Societal marketing concept -
It refers to the marketing concept in the society , where the welfare of the human beings is considered to as the most important aspect .
In this practice , the social responsibility like any health issue , social issue is the top most priority .
The practice require making good marketing decision which are in favour of the consumers , and helps the company and the humans in the long term way .
Hence , from the given scenario of the question ,
The correct answer is b. societal marketing concept .
Manufacturing more than there is demand means that the day when the demand stops, you will be left with a bunch of inventory you cant sell or get rid of
Colleges look at your SAT or ACT scores, ACT is short for American College Test.
Answer:
$11,400
Explanation:
Cost of factory equipment
$174,000
Less:
Salvage value
($22,000)
Balance
$152,000
Useful life 10 years
= $152,000 / 10
= $15,200
Machinery used for 9 months. I.e (1 April to 31 December)
= 9/12 × $15,200
= $11,400
Therefore, the amount to be recorded as depreciation expense at 31 December 2018 is $11,400
