Sea Company was expanding its production facilities and purchased large quantitiesof land in Montreal for $7,340,000. If the municipality assessed the value of theindustrial land at 80% of its purchase price, and the tax rate is 0.9% per annum onthe assessed value, calculate how much Sea Company would have to pay in propertytax this year?

Answered: Image /qna-images/answer/53445405-3eee-427b-9f60-58ad7db95948.jpg

Answered: Sea Company was expanding its…

Advanced Engineering Mathematics

10th Edition

ISBN:9780470458365

Author:Erwin Kreyszig

Publisher:Erwin Kreyszig

Chapter2: Second-order Linear Odes

Section: Chapter Questions

Problem 1RQ

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Bose International Inc. had total revenue of $92,150 last year. Its total variable costs and fixed costs for the period were $22,850 and $22,700, respectively. Compute the break-even point in sales dollars. Sales at Break-even: $ (Round off to the nearest cent)
The following information is available for Johnston Ltd. Basic pay = £8/hour for a 40-hour week.Normal production in that time = 120 units.Bonus = 50% of the time saved on production and is paid at a time and a quarter.What will be the total wage in a week in which 150 units are made in 40 hours?
Sarah's comprehensive major medical health insurance plan at work has a deductible of $750. The policy pays 85 percent of any amount above the deductible. While on a hiking trip, she contracted a rare bacterial disease. Her medical costs for treatment, including medicines, tests, and a six-day hospital stay, totaled $8,893. A friend told her that she would have paid less if she had a policy with a stop-loss feature that capped her out-of-pocket expenses at $3,000. The policy with the stop-loss feature has the same deductible and coinsurance requirement as Sarah's current policy. Determine which policy would have cost Sarah less and by how much. (Round your intermediate calculations and final answer to 2 decimal places.) Current policy Stop-loss feature No difference in Sarah's cost for this claim. Difference amount
I NEED TO KNOW HOW TO BREAK DOWN A SALARY OF 47,840 INTO A MONTHLY INCOME WITH 1/4 OF THE INCOME BEING DEDUCTED FOR VARIOUS TAXES.
Thompson Laser Company had ending inventory of $163,600 this year, ending inventory of $134,000 last year, and $262,000 as cost of goods sold. Compute the inventory turnover rate.
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