Excellence in Business Communication (12th Edition)
12th Edition
ISBN: 9780134319056
Author: John V. Thill, Courtland L. Bovee
Publisher: PEARSON
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Question
Chapter 4, Problem 5LOC
Summary Introduction
To determine:
Purpose of a letter about a defect product asking for a refund
Introduction:
We are supposed to compose a letter to a company for a product we want refunded.
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Question 25
Jasmine bought a house for $225 000. She already knows that for the first $200 000, the land
transfer tax will cost $1650.
Calculate the total land transfer tax. (2 marks)
Land Transfer Tax Table
Value of Property
Rate
On the first $30 000
0%
On the next $60 000
0.5%
(i.e., $30 001 to $90 000)
On the next $60 000
1.0%
(i.e., $90 001 to $150 000)
On the next $50 000
1.5%
(i.e., $150 001 to $200 000)
On amounts in excess of $200 000
2.0%
22 5000–200 000.
10
825000
2.5000.00 2 x 25000
=8500
2 ma
Provide correct answer is accounting
Question 25
Jasmine bought a house for $225 000. She already knows that for the first $200 000, the land
transfer tax will cost $1650.
Calculate the total land transfer tax. (2 marks)
Land Transfer Tax Table
Value of Property
Rate
On the first $30 000
0%
On the next $60 000
0.5%
(i.e., $30 001 to $90 000)
On the next $60 000
1.0%
(i.e., $90 001 to $150 000)
On the next $50 000
1.5%
(i.e., $150 001 to $200 000)
On amounts in excess of $200 000
2.0%
225000–200 000 = 825000
25000.002 × 25000
1= 8500
16 50+ 500
2 marks
Chapter 4 Solutions
Excellence in Business Communication (12th Edition)
Ch. 4 - Prob. 1CACh. 4 - Prob. 2CACh. 4 - Prob. 1LOCCh. 4 - Prob. 2LOCCh. 4 - Prob. 3LOCCh. 4 - Prob. 4LOCCh. 4 - Prob. 5LOCCh. 4 - Prob. 6LOCCh. 4 - Prob. 7LOCCh. 4 - Prob. 8LOC
Ch. 4 - Prob. 9LOCCh. 4 - Prob. 10LOCCh. 4 - Prob. 11LOCCh. 4 - Prob. 12LOCCh. 4 - Prob. 13LOCCh. 4 - Prob. 14LOCCh. 4 - Prob. 15LOCCh. 4 - Prob. 16LOCCh. 4 - Prob. 17LOCCh. 4 - Prob. 18LOCCh. 4 - Prob. 19LOCCh. 4 - Prob. 4.1AYKCh. 4 - Prob. 4.2AYKCh. 4 - Prob. 4.3AYKCh. 4 - Prob. 4.4AYKCh. 4 - Prob. 4.5AYKCh. 4 - Prob. 1PYSMFACh. 4 - Prob. 4.6ECh. 4 - Prob. 4.7ECh. 4 - Prob. 4.8ECh. 4 - Prob. 4.9ECh. 4 - Prob. 4.10ECh. 4 - Prob. 4.11ECh. 4 - Prob. 4.12ECh. 4 - Prob. 4.13ECh. 4 - Prob. 4.14ECh. 4 - Prob. 4.15ECh. 4 - Prob. 1EYSCTPCh. 4 - Prob. 1SYCKO
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