Answer:
<em>=> Danielle pay $573.3 in property tax</em>
Explanation:
To calculate the property tax of the house, we take the property tax rate multiply by the assessed value of the property.
=> <em>Property tax = Assessed Value x Property Tax Rate</em>
The assessed value estimate the market value for the property, however even when there is large gap between these two, the assessed value is still used to calculate property tax because it is its purpose.
So that Danielle pay in property tax:
<em>Property tax = 16,380 x 3.5 = 57,330 cent = $573.3 </em>
<em>=> Danielle pay $573.3 in property tax</em>
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Answer:
correct option is A. $500
Explanation:
given data
tax basis = $400
fair market value = $500
fair market value = $350
liability = $150
solution
we get here amount realized by Roberta in the exchange that is express as
= fair market value of the stock receive + from the liability ...................1
amount realized = $350 + $150
amount realized = $500
so correct option is A. $500
Answer:
Explanation:
The net assets would increase. This is because the $100,000 earnings from investments are additional cash inflows hence an increase in current assets. For the $3,000,000 if invested, it will be considered an asset. It is a cash donation invested to generate earnings for the non-profit organization. Thus, these two instances add onto the net asset value of Lifeworks.
Answer: A higher interest rate.
Explanation: Most savings accounts do not have a high interest rate at the moment.