10. Property valued at $130 000 is assessed at 2/13 of its value. What is the amount of tax due for this year if the tax rate is $32.50 per $1,000 of assessed value?
10. Property valued at $130 000 is assessed at 2/13 of its value. What is the amount of tax due for this year if the tax rate is $32.50 per $1,000 of assessed value?
Chapter15: Choice Of Business Entity—other Considerations
Section: Chapter Questions
Problem 72P
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Dd.63.
Transcribed Image Text:10. Property valued at $130 000 is assessed at 2/13 of its value. What is the amount of tax due for this year if the tax rate is
$32.50 per $1,000 of assessed value?
5. J.B. earns $16.60 an hour with time-and-a-half for hours worked over 8 a day. His
hours for a week are 8.25, 8.25, 9.5, 11.5, and 7.25. Determine his gross earnings
for that week.
4. Armandeep Kaur receives an annual salary of $26,478.40. She is paid monthly on a
38-hour workweek. What is the gross pay for a pay period in which she works 8.75
hours overtime at time-and-a-half regular pay?
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