A specific parcel of real estate has a market value of $160,000 and is assessed for tax purposes at 75% of market value. The tax rate for the county in which the property is located is 4%. The tax bill will be

Answers

Answer 1

Answer:

$4,800

Explanation:

property taxes are calculated using the assessed value, in this case the county will use $160,000 x 75% = $120,000

if the tax rate is 4% of assessed value, then the total property tax bill = $120,000 x 4% = $4,800

Generally, property taxes are collected by counties or municipal governments and they are used to fund school districts, libraries, fire departments, parks, etc.


Related Questions

In order to qualify as a REIT, A) at least 90% of the assets must be invested in real-estate related assets. B) a mortgage REIT must have at least 75% of the assets in government-insured mortgages. C) at least 75% of the income must be paid out as dividends to investors. D) at least 75% of the assets must be invested in real-estate related assets, cash, and U.S. government securities.

Answers

Answer:

D) at least 75% of the assets must be invested in real-estate related assets, cash, and U.S. government securities.

Explanation:

A Real Estate Investment Trust (REIT) are businesses that invest in real estate property and provide dividends to their stockholders. They are similar to mutual funds, except that instead of investing in stocks or securities, they invest in real estate properties. At least 90% of taxable income must be distributed as dividends.

XYZ Mortgage Company just mailed a Closing Disclosure to a consumer. The waiting period prior to closing will begin:

Answers

Answer:

The waiting period will begin on the third business day after the closing disclosure is mailed.

Explanation:

The closing disclosure is a 5 page form that your mortgage lender must send to you. It includes all the relevant information about the loan that you applied for, e.g. estimated monthly payments, closing costs and other fees, etc. But the closing disclosure doesn't mean that the loan has been approved, it is a formality prior to closing the deal.

HELP MEEEE


A family buys a new home for $150,000. However, they also have to set aside
an extra $1,500 to pay to the local government for owning the house. This is
the result of the:
A. estate tax.
B. sales tax.
C. income tax.
D. property tax.

Answers

Answer:

Property tax

Explanation:

This is the answer from my according because under construction properties tax is 12%

P R Ø P Э R T Y TAX

Answer right there ⬆️

A company's issued share capital throughout an accounting period consists of 500,000 common shares of 20 cent each and 100,000 preference shares of $1. If net income after tax for the period is $160,000 and the preference dividend is $10,000 then the basic EPS for the period is: a. $0.30 b. $0.33 c. $0.31 d. $0.32

Answers

Answer:

a. $0.30

Explanation:

Basic Earning Per Share (BEPS) = Earnings Attributable to Holders of Common Stock ÷ Weighted Average Number of Common Stock.

Earnings Attributable to Holders of Common Stock calculation :

Net income after tax for the period                            $160,000

Less Preference Dividend                                           ($10,000)

Earnings Attributable to Holders of Common Stock $150,000

Weighted Average Number of Common Stock calculation :

Outstanding common shares                                      500,000

Therefore,

Basic Earning Per Share (BEPS) = $150,000 ÷ 500,000

                                                     = $0.30

Tanya has recently been appointed CEO of a corporation that specializes in computer software. The corporation has made a substantial profit since she joined due to her emphasizing the importance of deadlines and sales goals to her software design team. Tanya is best described as what type of leader

Answers

Answer:

Transactional leader.

Explanation:

Leadership can be defined as a process which typically involves motivating, encouraging and inspiring employees working under an individual to be innovative and create positive changes that will foster growth and enhance the success of a business firm or company in the future.

This ultimately implies that, beyond an individual possessing the traits or qualities of a leader, leadership in itself is a process that revolves around the activities or happenings between the leader and those who he or she is leading, which are the followers. Thus, leadership is simply a continuous process and it's transactional in nature because it occurs between a leader and the followers.

In this scenario, Tanya has recently been appointed CEO of a corporation that specializes in computer software. The corporation has made a substantial profit since she joined due to her emphasizing the importance of deadlines and sales goals to her software design team. Thus, Tanya is best described as a transactional leader because she is more concerned with her team (followers) meeting set targets (goals) or defined requirements, objectives and expected level of results (performance).

"Who is responsible for filing a U-5 Form with IARD when an investment adviser representative is terminated and associates with another advisory firm?"

Answers

Answer: The investment adviser that is the former employer is responsible

Explanation:

U-5 is a security industry termination form filled by the employer that terminates an individuals employment.

When the individual relates with another advisory firm, the new employer now reactivates the individuals registration by filling a U-4 with IARD. The employee is not really notified when both forms are filled

A two digit number is such that, the sum of its digit is 13. When the digits are interchanged, the original number is increased by 9. Find the original number. ​

Answers

Answer is 67.

As, 6+ 7

= 13

Also, when 67 is interchanged(76), the original no. is increased by 9.

A cash-basis taxpayer made a bona fide, nonbusiness loan to an acquaintance in year 1. At the end of year 2, it is determined that the taxpayer will likely be able to collect only 20% of the principal, and no interest has been or will be collected. How should the loss be treated for tax purposes in year 2

Answers

Answer:

None of the loss amount in year 2 will be deductible

Explanation:

Based on the information given How the loss will be treated for tax purposes in year 2 is that the LOSS amount will NOT be deductible in Year 2 reason been that tax payer can only collect the deduction in bad debt in the year the bad debt has no real value and become un-useful.

Secondly the tax payer should not wait till the debt is due before knowing whether the bad debt has no real value reason been that bad debt will has no real value when there is no hope that the debt amount that is owed will be paid which is why to a limited extent a non business bad debt that has no real value will not be deductible.

Therefore How the loss will be treated for tax purposes in year 2 is that None of the loss amount in year 2 will be deductible

What is the purpose of a bank?
A financial investigator
A financial tracker
A financial intermediary
A financial advisor

Answers

Financial advisor would be your answer

This résumé format focuses on an applicant’s work experience and education:
A.Chronological

b.Functional

c.Skills

d.Electronic
WILL MARK BRAINLIEST!!

Answers

Answer:

A

Explanation:

This format for a resume places a chronological emphasis on the applicant's education and employment history. As a result, choice (A) is appropriate.

What is resume?

A curriculum vitae (CV), often known as a résumé or resume, is a document that a person creates and uses to highlight their educational history, professional experience, and accomplishments. Although there are several uses for resumes, the most common one is finding new work.

An "summary" of relevant work experience and education can be included on most resumes. The résumé is normally one of the first things a potential employer sees about a job seeker and is used to screen applications; this is frequently followed by an interview. Other materials that may be seen by a potential employer include a cover letter and occasionally an application for employment.

In place of a resume, biodata is frequently utilized in South Asian nations including India, Pakistan, and Bangladesh.

Hence, option (A) is accurate.

Learn more about resume, from:

brainly.com/question/2964410

#SPJ2

Why do schools serve milk instead of water?

Answers

Explanation:

They serve milk because many children need the nutrition. It might seem antiquated, it began in the late 1900–1920's in public schools to provide food for impoverished kids. Some high schools offer a variety of drinks including water, but by that age kids should know better about what to consume.

Answer:

i don't know I think it's because they have water fountain and they are probably just lazy to get water or can't afford it

12 POINTS SENd HELP IM BEING TIMED

Explain how can you avoid conflict by adjusting your own behavior?

Answers

Conflict as in argument well for that first u should stay calm cuz when u angry u can’t make gud decisions second u have to think calmly everything and if u r wrong u have to accept it

Answer:

You can avoid conflict by adjusting your own behavior because if you are calm and don't get irritated with someone it implies that you are not trying to argue or cause a fight.

Explanation:

edge 2020 correct

Which is an example of capital gains tax?


10% tax on gambling winnings

9% tax on all sales

15% tax on profits from stock sales

30¢ tax per gallon of gasoline

Answers

D Is the correct answer

Answer:

D- 30¢ tax per gallon of gasoline

Dennis Company purchases Miles Company for $4,200,000 cash on January 1, 2015. The book value of Miles Company's net assets reported on its December 31, 2014 financial statement was $3,800,000. An analysis indicated that the fair value of Miles's tangible assets exceeded the book value by $600,000, and the fair value of identifiable intangible assets exceeded book value by $320,000. What amount of gain or goodwill is recognized by Dennis

Answers

Answer: $520,000

Explanation:

The amount of gain or goodwill is recognized by Dennis would be calculated as:

Book value of net asset = $3,800,000

Add: Increase in the fair value of Miles's tangible assets = $600,000

Add: Increase in the fair value of identifiable intangible assets = $320,000

Fair value of net asset = $4,720,000

Less: Cash paid for purchase = $4,200,000

Gain = $4,720,000 - $4,200,000

= $520,000

List four people you know who would be good references to include on a job application. What is their relationship to you? Explain why you have selected them. ​

Answers

Answer:

Explanation:

Someone you have worked with previously (a coworker). They would be able to speak for how well you work with other people, how you contribute to the environment etc.

Boss from previous job. They can testify to the quality, quantity, regularity and consistency of work + how responsible and dependant you are.

Someone you do volunteer work with or anything extra-curricular related to job. Shows passion and character outside of a professional environment.

A teacher (if its your first job), who can show how well you learn new skills and how willing you are to be critiqued and improve.

Answer:

My friend Sanatana, we worked together really well. My other friend Feliciti, we worked on register together. My friend Daniel, he and I worked salads together. My mom, who would be a good character reference.

pleaseeeeeeee helpppp;((((

Answers

For title bar it is “across the page,name of open” hope this helps you out :D

list the importance of physiotherapist and dentist

Answers

Answer:

Importance of physiotherapist:

1. They help people affected by injury,illness or disability through movement and exercise,manual therapy, education and advice.

2. They maintain health for people of all ages, helping patients to manage pain and prevent diseases.

3. Manage heart and lungs problem.

4. Recover from or prevent a sports injuries.

Importance of dentists:

1. Dentists helps to keep your teeth and mouth healthy.

2. It helps to prevent from tooth decay.

3. Protects against gum diseases, which can lead to tooth decay.

Physiotherapist assist people who have been injured, ill, or disabled through movement and exercise, manual therapy, education, and advice, and the dentist help to maintain the health of your teeth and mouth.

What is the physiotherapist?

Physiotherapists treat people of all ages, assisting them in regaining their range of motion after an injury or illness. They also use exercise and manual therapy to help disabled people improve their health and quality of life.

Physiotherapist assist people who have been injured, ill, or disabled through movement and exercise, manual therapy, education, and advice, physiotherapist keep people of all ages healthy by assisting patients with pain management and disease prevention.

They are differing from the Dentists, as the dentists help to maintain the health of your teeth and mouth, It aids in the prevention of tooth decay, and helps to prevent gum disease, which can lead to tooth decay.

Therefore, physiotherapist and Dentists both play the important role for the patients.

Learn more about the physiotherapist, refer to:

https://brainly.com/question/28941462

#SPJ2

In some ways, a debit card is more vulnerable to theft than cash or a checkbook. Explain how this is so. << Read Less

Answers

A debit card is more vulnerable because its contained value are sometimes high.

A debit card is a card issue to a bank account owner to enable easy access to money.

This card works by deducting money directly from the owners checking account with a bank.

A debit card can also be termed a money because its contains value and can be used pay for transaction at any point of sales.

The debit card are more vulnerable because the value therein may be large, so, fraudsters target stealing the card rather than stealing cash or checkbook.

Learn more about Debit Card here

brainly.com/question/1169716

Looking at an automobile insurance policy, you are likely to see amounts written such as 100/300. What does this mean?

Answers

Answer:

see below

Explanation:

In an automobile insurance policy, the number 100/300 refers to liability coverage by the insurance company. They represent the amount of compensation the insurance company will pay for bodily injuries per accident when the insured is at fault.

The first digit represents the maximum amount in thousands the insurance will pay per person for bodily injuries. The second digit is the total maximum amount the insurance company will pay for bodily injuries per accident. In this case, 100 means the insurance company will cater for bodily to a limit of $100,000 per injured person. 300 means that the company will pay a maximum of $300,000 per accident for all bodily injuries per accident. Any amounts in excess will be met by the insured.

The NASAA Statement of Policy on Dishonest or Unethical Business Practices of Broker-Dealers and Agents includes prohibitions against certain practices designed to manipulate market prices of securities. An activity that would fall within the spectrum of the prohibitions would be A) front running B) wash trades C) guaranteeing customers against loss D) churning customer accounts

Answers

Answer:

B) wash trades

Explanation:

In the case when the wash trades are performed so it consists the simultaneous or near-simultaneous i.e. selling and the repurchase of the similar security for the motive of producing the trading activity due to which price rise. This is the form of how the market manipulates. The other options i.e. given in the question is not considered the market manipulation

Therefore the option B is correct

which of the following describes the free enterprise system the untied states

Answers

Answer:

The free enterprise system of the United States is best described with the following statement: It is a mixed economy with limited government intervention and a great deal of economic freedom.

The development of market power by a firm is considered to be a market failure because firms with market power will

Answers

The correct answer is that firms with market power will produce less and charge a higher price than what would be socially optimal.

Aja receives the following email:
Dear Valued Credit Card Customer,
We have noticed suspicious activity in your account and have placed a security freeze on it. In order to activate it you will need to follow the link below. Please have your card handy and be prepared to verify personal information.
What action should Aja take?

Answers

Answer:

She should not follow the link

Explanation:

Because this is probably not really the credit card company, and they are trying to get personal information out of her.

When positive externalities are present in a market a. private benefits will be greater than social benefits. b. social benefits will be greater than private benefits. c. only government regulation will solve the problem. d. the market will not be able to generate an equilibrium.

Answers

Answer:

b. social benefits will be greater than private benefits

Explanation:

Positive externalities can be defined as those that produce positive effects for society in relation to the consumption of a good or service.

This is because the social benefit is the sum of the private benefit plus the sum of the external benefit.

An example of positive externality pertinent to the present is the fact that vaccinating people generates greater positive effects on society, because when vaccinating an individual there is less chance of having more people infected with some disease.

So it is correct to say that the social benefits will be greater than the private ones. Letter b.

Describe entrepreneurship. How is it different than working for someone else?
How does entrepreneurship affect you? How does it affect the economy?

Answers

It is the study of process involved in identifying a business opportunity and acquiring the necessary resources to start and run the business

~It has created employment

~It has reduced rural-urban migration since some businesses have been set up in Rural areas.

~Saving imports since goods can be locally produced reducing the cost of importing them

~It has raised people's standard of living since one can acquire goods he/she can't produce

~The government can earn there revenue from taxation of the businesses set up by the entrepreneurs

The entrepreneur is the person involved in entrepreneurship.He/she can be the employer of his/her business.Thats what makes it different from being employed/working for someone else.We can say Bill Gates is an entrepreneur since he started Microsoft

What are three factors that affect the cost of homeowner’s insurance?

Answers

Answer:

Concept: Real world Analysis

The place where you live/location: Insurance in California, especially los angeles is far more expensive than say Kansas.The price and cost of reconstruction: The selling price and the assessed asset value play a huge factor in how much you pay because that's how much your "insured" for.The amount of the coverage: Say you want part A, Part B, and Part C and you want to maximize the coverage then your cost skyrockets up because the dwelling coverage could go up to 500,000 but then you would have to pay an extra 100 bucks a month.Rate brainlist

Betty made a 20% profit on a residential lot she sold for $30,000. What did she pay for the property

Answers

Answer: $25000

Explanation:

From the question, we are informed that Betty made a 20% profit on a residential lot she sold for $30,000. Let the cost price of the property be represented by x.

Therefore, (100% + 20%) of x = $30000. This means that 120% of x = $30000.

120% × x = $30000

1.2x = $30000

x = $30000/1.2

x = $25000

Therefore, the amount paid for the property is $25000

explain the difference between a peer to peer LAN server-based LAN

Answers

Answer:

In Client-Server Network, Centralized server is used to store the data. While in Peer-to-Peer Network, Each peer has its own data. ... In Client-Server Network, Server respond the services which is request by Client. While in Peer-to-Peer Network, Each and every node can do both request and respond for the services.

What is one of the reasons why an advertiser should consider using Performance Planner on a monthly basis?

Answers

The reason should be Auctions fluctuate all the time

Performance Planner:Performance Planner refers to a tool that lets you develop the plans for the advertising spend. And measured how changes to campaigns may effect key metrics and overall performance.So here the reason should be of auctions.

Learn more about the performance here: https://brainly.com/question/24304453

Explain how growing personal income is related to economic conditions.

Answers

Answer:

see below

Explanation:

Personal income is the total earning an individual gets from wages, investments, bonuses, dividends, profits, or other ventures.  It is the sum of a household income. Personal income is calculated per period, usually one year.

Economic conditions refer to the prevailing state of a country or region's economy.  Economic conditions are ever-changing and are influenced by business cycles of expansions and contraction, government fiscal and monetary policies, macroeconomic factors, and global factors.  Governments and investor use indicators to tell the state of the economy

Economic conditions impact people's and business income. Government policies and global economics influence the level of economic activities. The expansion period has increased economic activities are leading to increased incomes. At contraction, business activities decline, resulting in reduced income.

Other Questions
Bea's catering charges $3 per person and a $60 clean-up fee to cater banquets. Write an equation to find the number of students (n) that could attend the French clubs banquet if they had a budgeted $200 for catering the Romans didn't have phones. However, if they did, what text messages would they have sent? Which is a pure substance?They are chemically bonded together.They can be classified as pure substances.They have fixed ratios between their components.They can be separated by physical processes. Which kingdoms are eukaryotic? * How does dermal tissue play a key role in transpiration? Which of the following statements best explains the large numbers of European language speakers in North Africa?A. European armies conquered the region in the 600s.B. European languages are official languages of North African countries.C. Laws were passed forcing people to learn European languages.D. The region was under the control of European colonial powers until the mid-1990s. In the figure below, APQR is a reflection of ATSA.Two students describe the given triangles as shown:Student I: Because reflections preserve side lengths, OR a SR, PO TS, and PR TR.SO APORATSR by SSS.Student II: Because reflections preserve both side lengths and angle measures, ZROP ZRST, OR SR. and PO = TS. SO APOA - ATSR by SAS.Who has proven APOR - ATSR correctly?only studentionly student IIoboth student I and student IIoneither student I nor student II What is the equation in pointslope form of the line passing through (1, 2) and (2, 5)? (5 points) Group of answer choices (y 1) = 3(x 2), (y + 2) = 3(x + 1,) (y 2) = 3(x 1), (y 2) = 3(x 1) A blue solid X is soluble in water which method is used to obtain pure solid x from an aqueous solution How many solutions does this nonlinear system of equaTions have? A store is having a 20% off sale on all merchandise. If Mai buys one item and saves $13, what was the original price of her purchase? Explain or show your reasoning. Which of the following is true for valence electrons?Valence electrons are always located in the outer most energy level.Valence electrons are found only in radioactive isotopes.Valence electrons are always located in the innermost energy levelValence electrons are found only in negatively charged ions. Renaissance composers were inspired by a wealth of enduring classical Greek music.A. trueB. false Someone please just help me A reporter is planning to writea review of the newest restaurant in town for a city magazine. According toguidelines from the Society of Professional Journalists, what should she do before she writes the review?call the restaurant and let them know her purpose for coming in so she can be guaranteed a tableO call the restaurant to set up an interview with the head chef so he knows to prepare his best dishO dine at the restaurant without alerting the management that she is coming in to do a reviewdine at the restaurant and identify herself so that the restaurant management will pay for her meal Explain why the blood vessels and the heart are not made of the same type of muscle even though they are both involuntary. How did Hamiltons and Jeffersons different personalstyles affect the ways they carried out their feud? Beverly made a root beer float using 1/4 cup of vanilla ice cream for every 3/4 cup of root beer. how much ice cream would Beverly need for one cup of root beer? Read the following lines from "Vincent van Gogh: Portrait of an Artist."Every Sunday on his way to church, young Vincent would pass the headstone carved with the name he shared. Did he feel as if his dead brother were the rightful Vincent, the one who would remain perfect in his parents' hearts, and that he was merely an unsatisfactory replacement? That might have been one of the reasons he spent so much of his life feeling like a lonely outsider, as if he didn't fit anywhere in the world.Why would the author share this in the very beginning?This information should be considered as the reader learns about van Gogh throughout his life.The author wanted to find a way for readers to like Vincent.The information is sensationalistic and will grab the attention of modern readers.Readers enjoy feeling sympathy for the characters they read about. Need help fast!!!!!!!!!!!