A townhouse is purchased for $475,000. If the transfer tax is $2.00 on the first $1,000. and $0.10 for each additional $100., how much are the transfer taxes?

Answers

Answer 1

Based on the information given the amount of the transfer taxes is $476.

Using this formula

Total transfer tax=[(Purchased price+ First transfer tax)×(Additional tax)]+Transfer tax

Let plug in the formula

Total transfer tax=[($475,000-$1,000)×($0.10/$100)]+$2

Total transfer tax = ([$474,000 x .001] + $2)

Total transfer tax=$474+$2

Total transfer tax=$476

Inconclusion the amount of the transfer taxes is $476.

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Related Questions

According to the calculator, the monthly payment Demarco and Tanya should anticipate paying for principal and interest is $208. $877. $669. $1,200.

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Principal rate is the amount which is gotten after parameters like the interest which is inversely proportional to the time multiplied by the rate of the amount for a specified amount of time.

Mathematically, it is represented as Principal= Interest/Time x Rate

As a result of this, we can see that the principal rate is a part of the parameters which is used to calculate the Simple Interest of a specified amount of money for a certain amount of time.

Please note that your question is incomplete so I gave you a general overview so that you would get a better understanding of the concept.

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Answer:

C. $669

Explanation:

Pickwick Production offered employees a defined-benefit retirement plan, in which retirees received benefits calculated on the basis of their age, earnings, and years of service. But the company didn't keep up with technology, and its earnings fell. When the stock market dipped, the company could no longer afford to keep paying for its retirement benefits. What protection will the retirees have in this situation

Answers

Even though the company is no longer able to pay the retirees, they are still protected because The Pension Benefit Guarantee Corporation will pay a basic benefit.

The Pension Benefit Guarantee Corporation:

Was created to protect the pensions of millions of Americans Provides a basic benefit to pensioners who need pension payments when their companies no longer pay them

The basic benefit is a percentage of the benefits the retirees receive from their normal plan so it is not much. Retirees will often have to supplement this option.

In conclusion, The Pension Benefit Guarantee Corporation will pay out something to the retirees.

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Customers are more likely to tell their friends about negative experiences with companies than positive ones because:

Answers

There is more drama involved in unmet expectations.

The reason why customers are more likely to tell their friends about negative experiences with companies than positive ones is that humans often remember the hateful things said than the nice things

Also, when customers are satisfied with one's service, they rarely tell others. whereas an unsatisfied customer would tell others about his or her bad experience due to unmet expectations.

Logically, customers would have bigger impressions in their mind when they have bad experiences reason companies work on strengthening and improving their customer experience team.

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________ is the expectation that successful performance of the task will lead to the desired outcome. Multiple Choice Instrumentality Expectancy Valence Effort

Answers

Expectancy can be described as the expectation that successful performance of the task would lead to the desired outcome.

Expectancy gives a description of what the person believes that they can do. It is the belief of a person that the effort that they put into a task would help them to achieve performance goals.

The belief that this person has is usually based upon

Self confidencePrior experience

The theory explains that a person is going to be more motivated to perform if their past effort was recognized.

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All ________ are required to be members of the Federal Reserve System. Group of answer choices banks with assets less than $100 million banks with assets less than $500 million state chartered banks national banks chartered by the Office of the Comptroller of the Currency

Answers

The answer is national banks chartered by the Office of the Comptroller of the Currency

When the Fed buys federal government securities on the open market from commercial banks, then, over time, the:

Answers

Increases the reserves of commercial banks.

Open market is one of the monetary policies of the federal government to regulate the supply of money in an economy.

When the Fed buys federal government securities on the open market from commercial banks, the reserves of commercial banks increases thereby enabling banks to have more funds to grant loans and investments.

Fed buying federal government securities such as government bond, adds money to the system, making loans easier to obtain and interest rates decline.

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of 4

On January 1, 2021, Gundy Enterprises purchases an office building for $195,000,

paying $45,000 down and borrowing the remaining $150,000, signing a 8%, 10-

year mortgage. Installment payments of $1,819.91 are due at the end of each month,

with the first payment due on January 31, 2021.

pok

2. Complete the first three rows of an amortization schedule. (Do not round intermediate

calculations. Round your final answers to 2 decimal places.)

int

ences

Decrease in

Date

Cash Paid

Interest

Expense

Carrying Value Carrying Value

1/1/2021

$ 150,000.00

1/31/2021

1,819.91

nnnnnnn

4040

< Prev

G2

5 6

7

of 7

Next >

Answers

Answer:

%You can answer that read your books or module you can find the answer

Explanation:

thank u bbb

if marginal cost exceeds marginal revenue, a profit-maximizing monopolist will

Answers

Answer:

Reduce marginal costs so that they equal marginal revenue.

Explanation:

Regardless of whether the producer is a monopolist, oligopolist, or in perfect competition, the profit-maximizing quantity is where marginal revenue equals marginal costs, or in other words the cost of producing the next unit of output is equal to the revenue earned by the next unit of sales. Any output before this holds an opportunity cost, and any output after this intersection is losing money.

The new chairman of the Ionian Central Bank (ICB) is preparing for her first board meeting. She is expected to recommend a monetary policy for the board to pursue. She decides to use the Taylor rule, which was originally developed for the U.S. Federal Reserve.

Answers

Based on the information given, the output gap of Ionia will be -4% while the inflation gap will be -1%.

This is an incomplete question, the complete question is to calculate the output gap and the inflation gap. Ionia's output gap will be:

= (Current GDP - Potential GDP) / 100

= (96 - 100) / 100

= -4%

Since the inflation is running at 2% but the chairman considers an inflation that is 3% as being reasonable,

The inflation gap will be:

= 2% - 3% = -1%

Therefore, the output and inflation gap will be -4% and -1%.

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You are a delivery manager at Blue Bag, a wholesale bakery. The bakery employs two drivers and owns two trucks. Each truck can deliver up to 225 crates of bread per day. The bakery has standing orders for 400 crates a day. As the increasing of your sales, you hire 4 more drivers and own 1 more truck with 2 shifts. Find the increasing percentages to fit with the hires.

Answers

The maximum number of orders the bakery can receive is 675 per day and the percentage of increase is 50%

Taking into account that each truck has a maximum capacity of 225 boxes of bread and that the bakery has 3 trucks. To find the maximum order capacity, multiply the number of boxes of bread by the number of trucks:

225 × 3 = 675

To know what the percentage of increase in the bakery order capacity is, the maximum capacity must be known before acquiring the last truck (450).

Subsequently, to know the percentage of growth with a new truck with respect to the previous capacity, it is necessary to carry out the following operation:

225 × 100 = 22500 22500/450 = 50

According to the above, 225 corresponds to 50% out of 450, that is, the growth in the bakery's order capacity was 50%.

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Which among the 4 common errors that leads to unbalanced account is the HARDEST to resolve. Explain Why.

Answers

The common errors that leads to unbalanced account and are the easiest to resolve includes the error of Omission, Commission. Original Entry and Duplication.

In accounting, there are different type of error that could result to the unbalanced account, that is, leaving the Trial balance or Balance sheet unbalanced.

Generally, the recognized type of errors in accounting includes:

Error of Original EntryError of DuplicationError of OmissionError of Entry ReversalError of Principle Error of CommissionTransposition ErrorsRounding Errors etc

In conclusion, the common errors that leads to unbalanced account and are the easiest to resolve includes the error of Omission, Commission. Original Entry and Duplication because they are easy to correct.

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You invest $3,500 at 10% compounded annually for 3 years. How much will your investment be worth in 3 years

Answers

Answer:

Your total balance after 3 years would be $4,658.5 with a total compounded interest of $1,158.5

A method of cost assignment where a cost can be associated to the particular cost object in an economically feasible way is called ________.

Answers

Answer:

indirect costs

Explanation:

costs related to a particular cost object that cannot be traced to that cost object in an economically feasible way. cost assignment. general term for assigning costs, whether indirect or direct.

I hope it helps.

Randall wants to become a certified public accountant. To accomplish this, he must be certified by the ________ in which he plans to provide accounting services.

Answers

He must be certified by the state in which he plans to provide accounting services.

For a person or an individual to have the license to operate as a certified public accountant such person must be certified by the state in which he or she plans to render accounting service to.

In order to be a certified or qualified public accountant all the necessary requirement must be meant by the person.

The person must sit for the CPA examination and must pass the certified public accountant examination before being certified to operate as one by the state.

Inconclusion he must be certified by the state in which he plans to provide accounting services.

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Which risk is most prominent when buying an umbrella for the rainy season?

A.

social risk

B.

performance risk

C.

psychological risk

D.

financial risk

Answers

Answer:

B.

Explanation:

Due to the rainy season when considering to buy a umbrella the largest risk or concern is how well it will work or its performance.

Answer:

It is NOT C

Explanation:

I had this on a test it is not C!

An accumulated deficit means a company has ______. Multiple choice question. a contra-asset account due to losses accumulated more net losses than net income Treasury Stock that it repurchased at a cost that was higher than the issuance price dividends in arrears

Answers

Based on accounting principles, an accumulated deficit means a company has "accumulated more net losses than net income."

This is because the accumulated deficit is generally considered to be a "negative retained earnings balance."

In other words, accumulated deficit is the total summation of the losses and dividends paid by a company that supersedes the profits gained by the company.

Hence, in this case, it is concluded that the correct answer is option B. "accumulated more net losses than net income."

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_______ structures arrange people with diverse occupational specialties into formal groups based on similar products, clients, or geographic regions.

Answers

Divisional structures arrange people with diverse occupational specialties are put together in formal groups by similar products or services, customers or clients, or geographic regions.

P.Y.F. ("Pay Yourself First")
P.Y.F. stands for "pay yourself first," and
it's a very simple, effective idea. You don't
have a choice about paying taxes. Yes, you
can control the amount to some degree,
but the government still gets its taxes.
P.Y.F. is the secret to getting what you
want and becoming a disciplined saver.
Saving is simply setting aside money to
spend later. It's the same technique the
government uses to collect income taxes
on a regular basis, although most people
never think of it that way. It's a simple
trick almost every self-made
wealthy person uses, and may
also be one your parents use to
save.
P.Y.F. (pay yourself first) fol-
lows the same principle: don't give your-
self a choice. Make it a regular part of
your budget. Think of it as a bill you owe
to yourself. Why? Because it's the P.Y.F.
money in your plan that helps you reach
your goals. Why not begin today to save
10%, or just one thin dime, from every
dollar you get?
25 heurs I week
Assignment 3.2
Create Your Own Budget
Budget for December
#900
Money coming in:
Work (after taxes)
Gifts/Allowance
Other
Total Income
#1900
Money going out:
Fixed Expenses
PYF
Car payment
Auto insurance
Total Fixed Expenses
Variable Expenses
Gas
Food
Clothing
Fun stuff

Answers

Answer:

Whattttttttttttttttttttttttttttttttttttttttt

yes yes yes yes pur girl boss

Juan purchased a property for $420,000 and financed $336,000 of it. The assessed value of the property is $387,000. The property appraisal came in at $432,000. Which of these amounts is used in calculating the property tax?

Answers

When it comes to calculating property tax, the most relevant amount is the assessed value of $387,000.

When calculating property tax, the useful figures are:

The assessed value of the house The Property tax rate

This assessment is arrived at in various ways but once it is arrived at, it is then multiplied by a figure known as the mill levy and the result will be the property tax.

In conclusion, the assessed value is most useful.

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The managers of Tanika Enterprises are considering how well alternative plans may meet its high-priority goals, as well as identifying the cost of each initiative and its likely investment return. Tanika Enterprises is in the __________ stage of the planning process. Multiple Choice evaluating goals and plans analyzing the situation implementing goals and plans selecting goals and plans monitoring and controlling performance

Answers

Based on the planning process, the stage where Tanika Enterprises is currently at is: A. evaluating goals and plans.

Planning can be defined as a strategic process which involves the development of organizational goals and objectives, as well as translating them into action plans or courses of action.

Hence, planning is a strategic technique which is used by business enterprises to achieve the following:

Make an aggregate plan for its high-priority goals.Identifying the cost of each initiative.Predict investment return.

In Business management, there are five (5) essential stages in the planning process and these include:

1. Establishing your goals and objectives.

2. Determining your style of investment.

3. Evaluating your goals and plans.

4. Choosing the cost-effective and appropriate investment plan.

5. Executing and examining the investment plan periodically.

In this scenario, Tanika Enterprises is in the evaluating goals and plans stage of the planning process.

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Kari finds a piece of land that she wants to buy but needs some time to be able to come up with the funds to purchase it. She pays the landowner, Jerry, $10,000 for an option to purchase the property for $200,000 anytime in the next two years. Six months later, Kari purchases the property. Which of the following is not true?

a. Kari does not have a recognized gain or loss
b. Kari recognizes a $10,000 loss
c. Kari's basis in the property is $210,000
d. Jerry's amount realized is $210,000

Answers

Answer:

the answer is either a or b

Explanation:

because if there is a loss then it b if there isn't that means it a

Identify the parties impacted by the quality and rigor of an organization's corporate governance. What responsibilities do corporate executives have to those parties?.

Answers

The parties affected by the quality and rigor of an organization's corporate governance are the company's stakeholders, that is, its group of employees, investors, customers and the community.

The responsibilities of corporate executives with their stakeholders is to promote development and generate value through their practices, products and services.

Corporate governance encourages the development of an ethical internal environment supported by practices that benefit the development of the company's macro environment, such as environmental protection practices and social development programs.

Therefore, a company that adopts corporate governance is capable of creating value for stakeholders, increasing the transparency of its processes and reliability, generating greater positioning and competitiveness.

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the most common definition that monetary policymakers use for price stability is

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Answer:

A central feature of monetary policy strategies in all countries is the use of a nominal variable that monetary policymakers use as an intermediate target to achieve an ultimate goal such as price stability. Such a variable is called a nominal

Explanation:

PA BRAINLIEST


Hurry up and help…..

Answers

Answer:

1. A luxury brand of automobile that appeals to peoples need for prestige. psychographic segmentacion

2. a company marking their range of raincoats and umbrellas just before the onset of spring. geographic segmentation

3. a company marketing its kitchen appliances to affluent woman. demographic segmentation

4. a gym offering annual memberships to regular customers at cheaper rates with added benefits. behavioral segmentation

He already answered it

When prices are sticky in the short-run, the economy is forced to respond to shocks in the economy with changes in:

Answers

Answer:

output and employment

what do growth in standard of living, low unemployment, low inflation, and a sustainable balance of trade all share in common?

Answers

The thing that growth in standard of living, low unemployment, low inflation and sustainable balance of trade have in common is the main universal goals of macroeconomic policy.

Macroeconomic policy are those adopted economic policies which aims to ensures a stable economic environment that is conducive to bring strong and sustainable economic growth

So, the thing that growth in standard of living, low unemployment, low inflation and sustainable balance of trade have in common is the main universal goals of macroeconomic policy

Therefore, the Option A is correct.

Missing options includes "A.main universal goals of macroeconomic policy B. lack of diversity in undeveloped countries in the World C. microeconomic policy goals of developed countries D. microeconomic policy goals of undeveloped countries"

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granting a pharmaceutical company a patent for a new medicine will lead to

Answers

Doing such to a pharmaceutical company would lead to option b:  (i) and (ii) only:

A product that is priced higher than it would be without the exclusive rights.Incentives for pharmaceutical companies to invest in research and development.

When a pharmaceutical company gets a patent, they will become a monopoly for the medicine in question. This will allow them to charge a higher price for the drug seeing as they have no competition.

It will also act as an incentive to other companies to develop more drugs because they will get a chance to benefit alone from the drug.

In conclusion, such a patent would lead to a higher price and act as an incentive.

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DESCRIPTION OF THE LAW OF DEMAND

Answers

Answer:

The law of demand states that quantity purchased varies inversely with price. In other words, the higher the price, the lower the quantity demanded

Teller's checks and personal checks are classified as
O A. drafts
O B. obligors
C. notes
D. certificates

Answers

The awnser to the question is A Drafts

Answer: they are classified as  D) certificates

Explanation:

according to the behavioral approaches to leadership, how should companies create effective managers?

Answers

For companies to create effective managers, companies should: Train managers on task and relationship management.

An effective manager is someone who has the best interest of the company on mind and who has the skills to get things done.

For a manger to be effective it means such manager is task oriented and such person is more concerned on how he or she will more productive and efficient so as to accomplish their task.

Manager should have relationship management skill to build rapport with people or to relate with people regardless of their ethnics, sex, religion.

Inconclusion effective managers should be train managers on task and relationship management.

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Contesta cada frase con la forma correcta del verbo ser. (Fill in the blanks with the correct form of the verb ser. Underline the subject in every statement or question.) 1. Ellas ____________________ amigas. 2. En qu escuela __________________ vosotros alumnos? 3. Nosotros ___________________ simpticos y inteligentes. 4. l _____________________ un muchacho muy guapo. 5. Yo ____________________ alumna en la escuela Rostraver. 6. Vosotros ____________________ americanos. 7. Las lenguas ___________________ fciles. 8. El curso de espaol ____________________ una lengua (language). 9. La educacin fsica _____________________ mi clase favorita. 10. Qu cursos _______________________ difciles? 11. T _______________________ mi mejor(best) amiga. 12. Quin ___________________________ la profesora de espaol? 13. ____________________ la clase de espaol una clase fcil? 14. Ellos _________________________ serios. 15. Marta y Jos ____________________ unos alumnos muy simpticos. 3x+2x=20. What is the answer dor this equation. Systems management involves allocation of computer resources to keep all processes operating smoothly and at maximum efficiency. What aspects of computing do systems management tools handle? Which ones do you think are the most important? Why? sometimes our friends unknowingly hurt or offemd others. sometimes we do not correct them out of fear of losing our friendship with them, do you think it is a correct atitude?please answer it quickly :) kdjdjfjfhfj jdjrjfbbfbf(xmpqitexsy.) factorise the following a) 5x-xb) x-6x-27c) x+x-56d) x+8e) 3x-54tf) x+3x-10g) 2(x+x-12x)h) 20(x-1) Translate into English.1) .2) ?3) , .4) .5) , .6) .7) , ?8) .9) .10) , . Triangle ABC is isosceles. What is the measure of angle C?A. 25B. 30C. 60D. 75 please guys help me with number 1 Where can you see Allen Poe influence on Tim Burtons work Help please with college essay If a grand jury issues an indictment against a defendant, the defendant then appears in court to answer the indictment in a proceeding called the _____. Need Asap plsFind the excluded value of the Following. Make sure to show the solution.1. - 4/b + 62. x - 1 / (x - 3) (x + 4) If x^4 - y^4 = 24, and x^2 - y^2 = 8, what is the value of x^2 + y^2 ?Show work Which of the following statements is NOT true?1 Photosynthesis converts light energy into chemical energy.2 Only a few energy conversions are 100 percent efficient.3 Batteries change electricity into chemical energy.4 Friction between moving parts can add energy to a system. The sum of 3 odd integers is 33. what is the second integer? (and how would I show my work) is water wet comment or answer, I don't care Alexa is y years old. Nate is 22 years old, and Alexa is one-half Nate's age Which equation shows an equality between two different ways of expressing Nate's age? OA) 22 = 2y OB) 22 = 2 + y OC) 22==y - 22 OD 22 = y2 HELP PLZ BEFORE I FAIL! The angle of elevation from the tip of the shadow to the top of the tree is 36. Find the distance from the top of the tree to the tip of the shadow. Round the answer to the nearest tenth. A. 26. 7 feet b. 30. 2 feet c. 40. 8 feet d. 42. 9 feet.