24. refer to charholi december 31, 2019 income statement shown below. charholi began 2019 with a taxes payable account balance of $7 million. if it ended 2019 with a taxes payable account balance of $10 million, how much did it pay in taxes in 2019? $12.6 million $18.6 million $22.6 million $25.6 million
Answers
In 2019, Charoli paid taxes of $12.6 million as per the given income statement
Taxes payable account balance at the beginning of 2019 = $7 million
Taxes payable account at the end of 2019 = $10 million
As per the given question:
The tax expense in the income statement for the year = $15.6 million
But, there has been an increase in the tax payable during the year from $7 million to $10 million.
This means that $3 million of taxes have not been paid this year.
Hence, the final tax paid by the company is = 15.6 - 3 = 12.6 million
Option 1. is the correct answer
Learn more about taxes:
https://brainly.com/question/16423331
#SPJ4
Related Questions
of good y falls from $10 to $8, and the quantity demanded of it rises from 1,000 units to 1,200 units, the price elasticity of demand expressed in absolute value is:
Answers
the price elasticity of demand expressed in absolute value is: 0.82.
This is done with the formula:
Ed= (dQ/Q) /(dP/P)
where,
Ed= price elasticity of demand
Q= Quantity dQ= change in Quantity
P= Price dP= change in Price
What price elasticity of demand?
The price elasticity of demand (which is often shortened to demand elasticity) is defined to be the percentage change in quantity demanded, q, divided by the percentage change in price, p.
Elasticity is an important economic measure, particularly for the sellers of goods or services, because it indicates how much of a good or service buyers consume when the price changes. When a product is elastic, a change in price quickly results in a change in the quantity demanded.
An example of products with an elastic demand is consumer durables. These are items that are purchased infrequently, like a washing machine or an automobile, and can be postponed if price rises.
For example, automobile rebates have been very successful in increasing automobile sales by reducing price.
What are the types of elasticity?
Elasticities can be usefully divided into five broad categories:
perfectly elasticelasticperfectly inelasticinelastic unitary.To learn more about elasticity from the given link
https://brainly.com/question/27887941
#SPJ4
merchandise invoiced at $9,500 is sold on terms 1/10, n/30. if the buyer pays within the discount period, what amount will be reported on the income statement as net sales?
Answers
Net sales are what are left over after subtracting all returns, allowances, and sales discounts from gross sales.Net sales, which includes all forms of sales and associated deductions, is often the overall amount of revenue reported by a company on its income statement.
Solve the problem ?Sales Revenue is listed at the top of the Income Statement in the Revenue portion. It's typically broken out from Total Revenue and may be broken down into revenue streams, as well (more on those in the next section).
The formula for net sales explained
Net Sales = Gross Sales – Sales Returns – Allowances – Discounts.
Net Sales = (Total Units Sold x Sale Per Unit Price) – Sales Returns – Allowances – Discounts.
Net Sales = (25,000 x $20) - $40,000 - $60,000 - $20,000 = $380,000.
The net sales will be computed with the formula net sales = gross sales – returns – allowances – discounts.
$9500 - 950
8550
To learn more about net sales refer
https://brainly.com/question/22024991
#SPJ4
suppose demand for a product is 100 units a day and a factory produces seven days a week. which production schedule would be in line with the tps philosophy toward pace?
Answers
Total Production Streamlining is referred to as TPS. The number of transactions that an information system completes in a second is measured in terms of transactions per second (TPS) by computer hardware and software.
Who employs TPS?
Total Production Streamlining is referred to as TPS.Transaction Processing Systems: Who Uses Them? The majority of users of the transaction processing system are casual users. Nevertheless, the TPS may also require access to data from authorized personnel.A Kanban system is commonly referred to as a pull system since consumer demand pulls output through the workplace.A lean pull system tries to establish a workflow in which work is only pulled in response to demand. A pull method is used to create items based on actual demand rather than forecasts. Your business can then concentrate on removing wasteful practices from the production process.To learn more about TPS refer to:
https://brainly.com/question/4394218
#SPJ4
8 suppose that an antique jewelry dealer is interested in purchasing a gold necklace for which the probabilities are 0.22, 0.36, 0.28, and 0.14, respectively, that she will be able to sell it for a profit of $250, sell it for a profit of $150, break even, or sell it for a loss of $150. what is her expected profit?
Answers
Her Expected Profit is $88 when she sells it at different profits and losses with different probabilities.
Expected Profit: The likelihood of making a profit is multiplied by the payoff's profit to determine expected profit, and the probability that specific costs will be incurred is multiplied by the cost to determine expected cost.
The profit amount is multiplied by the chance of earning that profit to determine the expected profit under a probability demand distribution.
The Expected Maximum Profit measure computes an EMP value that is expressed as a percentage of the total loan amount and measures the incremental profit compared to not creating a credit scoring model. It takes into account the profits received by the non-defaulters and the losses caused by the defaulters.
To learn more about Expected Profit, visit the following link:
https://brainly.com/question/28111808
#SPJ4
on january 1 of year 1, stealth company sold a machine (classified as inventory) that had a list price of $97,200. the customer paid $16,200 cash and signed a three-year, $81,000 note that specified a stated rate of 3%. annual interest on the full amount of the principal is payable each december 31. the principal is payable on december 31, three years later. the market rate for a note of this risk is 10%. required a. compute the present value of this note. b. prepare an effective interest schedule for this note.
Answers
The fee you pay to borrow money or the fee you charge to lend money is called interest. The most common way to represent interest is as a yearly percentage of the loan amount. The interest rate on the loan is known as this percentage.
Explain about the interest schedule?
Interest Schedule refers to the interest schedule in Section 2.3, which specifies the varying annual interest rate that will be applied to the unpaid principle balance of the Loans.
Take the total loan amount and multiply it by the interest rate starting in month one. Then, divide the result by 12 to obtain the monthly interest for a loan with monthly instalments. The amount that is applied to the principal is determined by deducting the interest from the total monthly payment.
Divide the yearly rate by 12 to account for the 12 months in a year to arrive at the monthly interest rate.
To learn more about interest schedule refer to:
https://brainly.com/question/26718860
#SPJ4
warehouses hold some products for lengthy periods in order to multiple choice lower fixed costs. expedite a purchase. standardize products. create time utility. facilitate the grading process.
Answers
Option (d) is the best choice. In order to create time utility, warehouses keep some products for extended periods of time.
In what ways do warehouses save time?By its very nature, warehouse efficiency software is designed to save your business time and money. It can revolutionize how your entire business runs by significantly lowering the amount of labor your staff is doing, removing processing errors, and combining steps in your process.
What does warehousing provide as a means for?Before being transported to another site, materials or supplies are stored in a warehouse.
In what kind of a warehouse are items kept for a long time?Storage Warehouses: As part of a company's outbound supply chain operation, this sort of warehouse is frequently utilized for the long-term storage of finished items. Storage facilities used to be very prevalent since many businesses used a "push" or make-to-stock supply chain approach.
Learn more about Warehouses: https://brainly.com/question/28331239
#SPJ1
the aggregate expenditures model is built upon which of the following assumptions? multiple choice prices are fully flexible. prices are fixed. the economy is at full employment. government spending policy has no ability to affect the level of output.
Answers
The aggregate expenditures model is built upon which of the following assumptions: Prices are fixed.
Keynes developed the aggregate expenditure (AE) model. He assumed that prices are set and rigid. Keynes demonstrated in the model that equilibrium is reached when the whole value of the economy's output equals the aggregate expenditure in the economy. He presupposed that the price level was established for this.
To learn more about aggregate expenditure click here:
https://brainly.com/question/13525490
#SPJ4
the inelastic segment of the demand curve part 2 a. is coincident with the vertical axis. b. is coincident with the horizontal axis. c. lies below the midpoint of the curve. d. lies above the midpoint of the curve. . . . question content area right part 1 quantity price midpoint demand
Answers
The inelastic segment of the demand curve part 2 lies below the midpoint of the curve.
When the demand for a product doesn't fluctuate as much as the price, this is known as inelastic demand in economics. Inelastic demand is depicted visually by a steep demand curve. The demand for that good or service is less elastic, hence the steeper the curve, the more so. It is said to be totally inelastic if a demand curve is perfectly vertical (up and down). The good is described as "elastic" or "very elastic" if the curve is shallow as opposed to steep. This implies that the amount required will fluctuate significantly with a slight change in the good's price.
Price inelastic demand just indicates that the quantity change is not zero but rather that the quantity change is smaller than the price change in percentage terms. Demand that is price inelastic (as opposed to completely inelastic) nonetheless has a decreasing slope.
Learn to know more about the demand curve on
https://brainly.com/question/16790743
#SPJ4
Jonathan has graduated and wants to start a business. Which business entity gives him the most complete and exclusive control over the business and any business decisions?.
Answers
Sole proprietorship in business entity gives Jonathan the most complete and exclusive control over the business and any business decisions.
A sole proprietorship, also known as a sole trader, is an unincorporated business with only one owner who is responsible for paying personal income tax on the company's profits. Due to a lack of governmental oversight, a sole proprietorship is the most straightforward type of business to start or dissolve.
As a result, consultants, sole proprietors, and other freelancers frequently operate these kinds of enterprises. The majority of small business begin as sole proprietorship, grow, and then convert to a limited liability entity or corporation.
To learn more about sole proprietor click here:
https://brainly.com/question/14280034
#SPJ4
lindell stock has a current market value of $120 million and a beta of 1.50. lindell currently has risk-free debt as well. the firm decides to change its capital structure by issuing $30 million in additional risk-free debt, and then using this $30 million plus another $10 million in cash to repurchase stock. with perfect capital markets, what will be the beta of indell stock after this transaction?
Answers
The beta of Indell stock after this transaction will be 2.25 considering current market value of equity and repurchase of stock.
Given information,
Repurchase stock value = $30 million + $10 million = $40 million
beta value = 1.50
Current market value of equity = $120
less: Repurchase stock = $40 million
New Equity = $80 million
New Stock beta = current beta * current market value / new value of equity
New stock beta = 1.50 * 120/80 million
New stock beta = 2.25.
A stock's anticipated volatility in relation to shifts in the overall market is measured by the concept of beta. A stock with a beta larger than 1.0 is thought to be more volatile than the overall market, whereas one with a beta below 1.0 is thought to be less volatile.
The Camp Model, which calculates the cost of equity investment and can help you figure out the return on investment to expect relative to risk perception, includes the concept of beta.
Learn more about beta here:
https://brainly.com/question/15683560
#SPJ4
3. What could be done for the ratio(s) that were not favorable to the nursery that you chose? (5 pts)
Answers
The science and practice of nursery management can be improved by choosing the right use of soil, fertilizers, nutrients and supply of clean water.
What is nutrient management?Nutrient management is the process of matching a particular crop management conditions, field soil, and climate condition to the 4R nutrients.
The 4R nutrients are
RatePlaceSourceTimingHow to improve the unfavourable ratio?
To answer this question, we make use of soil and nutrients management as a ratio to improve the nursery.
It follows that using the right soil in planting a particular type of crops helps to reduce some negative result or unfavourable condition which stands to impede economic growth.
The correct use and adequate supply of fertilizers can help to provide a favourable condition in the nursery.
In nursery production, employing clean water can go a very way to help improve the quality of these nursery lives and management as contaminated water reduces the productivity of the nursery.
In conclusion, we can now confirm that when we introduce the right measures in the nursery practice such as soil and nutrients management, it can help improve the ratios of the nursery.
Read more on the nursery at:
https://brainly.com/question/25998537
#SPJ1
Complete question:
What could be done to improve the practice of nursery management that you chose
you can estimate your length of retirement by estimating the number of years until you retire. your life expectancy. how many years you can afford to be retired. how much you need to retire. your anticipated expenses in retirement.
Answers
You can estimate your length of retirement by estimating how many years you can afford to be retired. Option B is the correct answer.
What is anticipated costs?
Project costs that have not yet been incurred but will do so in the future are known as anticipated costs.
What is meaning of retire?
The meaning of retire is due to old age or illness, to cease working or abandon your job.
The phrase "life expectancy" relates to how many years one can anticipate living. By definition, life expectancy is based on an estimation of the typical age at death for members of a certain population group.
To learn more about life expectancy, click the links
https://brainly.com/question/7184917
#SPJ4
Which of the following would use a 1040 tax return form in order to itemize their deductions?
A: The government
B: Small businesses
C: Large corporations
D: Married people with children
Answers
Small businesses would use a 1040 tax return form in order to itemize their deductions. A person must submit an Income Tax Return (ITR) form to the Indian Income Tax Department. It includes details on the individual's earnings and the yearly taxes owed. Tax refunds and tax returns are not the same thing.
However they are related. For instance, your tax refund may increase depending on the credits and deductions you claim. Additionally, if businesses need to get your anticipated refund quickly, filing online and well in advance of the due date will help. When too much money is withheld from their tax return, the taxpayer gets a refund at the end of the year.
To learn more about tax return, click here.
https://brainly.com/question/18493708
#SPJ1
which of the following regions describes the euro zone? a. a region that has a common currency b. a region that comprises eu members without a common currency c. a region that comprises all eu members d. a region that has passport-free traveling
Answers
a. a region that has a common currency describes the euro zone.
A currency is a standardization of money in any form, in use or movement as a medium of alternate, for example banknotes and cash. A more general definition is that a foreign money is a machine of cash in not unusual use within a selected environment through the years, specially for people in a state state. forex is a medium of exchange for goods and offerings. In brief, it's money, inside the shape of paper and cash, usually issued by means of a central authority and generally prevalent at its face value as a technique of fee.
Currency may be decided in two most important ways: a floating price or a hard and fast rate. A floating fee is determined by the open market through supply and demand on international forex markets. therefore, if the demand for the foreign money is high, the fee will boom.
Learn more about currency here:https://brainly.com/question/24373500
#SPJ4
a fixed-price contract offers the seller (contractor): a. the same risk as that of the buyer (client) b. a higher risk than the buyer (client) c. a lower risk than the buyer (client) d. guaranteed reimbursement of actual costs
Answers
A firm-fixed-price agreement establishes a pricing that is not subject to change based on the contractor's cost performance history.
A government intervention known as a subsidy takes the shape of money or tax breaks. To encourage producers to produce more or at a lower cost, the government provides subsidies. As a result, there will be a greater variety of products available or prices will drop.
The term "equilibrium pricing" refers to the cost established by supply and demand. It is where the supply and demand curves converge. It is the cost consumers are willing to pay, all other things being equal, for a specific amount of a good.
A producer's cost of production will decrease if he receives a subsidy. The product will be less expensive. He is able to afford to give vendors a reduced price because
To know more about the fixed price visit here :
brainly.com/question/14530479
#SPJ4
revenues are a. decreases in liabilities resulting from paying off loans. b. increases in share capital resulting from the owners investing in the business. c. increases in income resulting from selling products or performing services. d. all of the above.
Answers
Revenues are increases in income brought on by the sale of goods or the provision of services.
Income from the selling of products or services is referred to as revenue.
Liabilities do not diminish as a result of revenues, and revenues do not income raise share capital; equity contributions do.
Revenues is the money made from regular business operations and is calculated by multiplying the average sales price by the quantity of units income sold. In order to calculate net income, costs must be deducted from the top line (or gross income) figure. On the income statement, revenue is also known as sales.
A company's revenue is the money generated by its operations. Depending on the chosen accounting approach, there are several ways to compute Revenues. Sales made using a credit card will be counted as revenue for products or services that were delivered to the customer.
Learn more about Revenues here
https://brainly.com/question/8645356
#SPJ4
which elasticity of demand measures how the quality demanded of one good responds to a change in price of another good? income elasticity of demand compared elasticity of demand revenue elasticity of demand cross-price elasticity of demand g
Answers
The cross elasticity of demand measures how the quality demanded of one good responds to a change in price of another good.
Cross elasticity of demand or cross-fee elasticity of call for measures the share exchange of the quantity demanded for a great to the proportion alternate inside the price of every other accurate, ceteris paribus.
Cross elasticity of demand for refers to the share alternate in the amount demanded of a given product due to the proportion alternate in the price of another "related" product. instance: the pass elasticity of demand of butter with recognize to margarine is zero.eighty one, so 1% growth inside the fee of margarine will growth the call for for butter by means of zero.81%. implies items are enhances. clients buy much less B when the charge of A will increase.
Learn more about cross elasticity of demand here:https://brainly.com/question/22985521
#SPJ4
of the three parties to a trust deed in california, which one is the beneficiary? group of answer choices lender borrower trustee none of the answers are correct
Answers
Of the three parties to a trust deed in California, the beneficiary would have to be the lender.
What is a trust deed?This is the term that is used to refer to the deed of trust. That is this is a document that is used to refer to what is used in the real estate business. It is what is made use of as an agreement that would have to be between the person that is the lender and the person that is the borrower. It has to do with a property that is to be held in trust.
The trust deed is done so as to be able to transfer the rights to a property to a party that can be regarded as the third party.
Read more on the trust deed here: https://brainly.com/question/14297506
#SPJ1
describe the process for performing a serial dilution. what are the benefits of performing a serial dilution vs. directly diluting varying amounts of a stock solution? describe how a serial dilution, if performed incorrectly, can lead to a gross systematic error in a spectrophotometric analysis.
Answers
A serial dilution is a way of making a less concentrated solution from a more concentrated one. To do this, you take a small amount of the more concentrated solution and add an equal volume of solvent. This is the new, less concentrated solution.
What is serial dilution?
A substance in solution is diluted step by step in a serial dilution. Most of the time, the dilution factor at each step is constant, causing the concentration to increase geometrically and logarithmically. The possible values for a ten-fold serial dilution are 1 M, 0.1 M, 0.01 M, and 0.001 M. In order to accurately produce highly diluted solutions and solutions for experiments that produce concentration curves with a logarithmic scale, serial dilutions are used. The term "logarithmic dilution" or "log-dilution" refers to a tenfold dilution for each step, "half-logarithmic dilution" or "half-log dilution" refers to a 3.16-fold (100.5-fold) dilution, and "quarter-logarithmic dilution" refers to a 1.78-fold (100.25-fold) dilution. In experimental sciences like biochemistry, pharmacology, microbiology, and physics, serial dilutions are frequently employed.
You can continue to do this until you have the desired concentration.
The benefits of performing a serial dilution vs. directly diluting varying amounts of a stock solution are that it is more accurate and precise, and it is easier to control.
If a serial dilution is performed incorrectly, it can lead to a gross systematic error in a spectrophotometric analysis. This is because the concentrations of the solutions are not accurately known, so the absorbance readings will be inaccurate.
To learn more about serial dilution
https://brainly.com/question/13499062
#SPJ4
a perfectly competitive firm sells 300 units and realizes a profit of $6000. the average total cost at this quantity is $26. what is the market price?
Answers
Comparing total cost and total revenue to determine the highest profit. As long as it accepts the current market price, a company that operates in a highly competitive environment is free to sell as much as it wants.
Total revenue will rise if an organization sells more units at a given price.
How does a perfectly competitive business determine pricing?
A perfectly competitive business cannot set its own price because it must pay what the market's demand and supply for the product dictate. The profit equation already takes this into account, so the highly competitive company can sell as many units as it wants at the same price.
The quantity with the greatest disparity between total revenue and total costs will yield the greatest profit. A straight line rising is the total revenue for a perfectly competitive business; The slope is proportional to the product's cost.
Learn more about perfectly competitive here:
https://brainly.com/question/1748396
#SPJ4
brian's friend will celebrate his birthday next week, so she needs to buy him a gift. she remembers the brand of watch that he wears and considers if he would like a new one by the same maker. this is an example of what part of the consumer purchase decision process?
Answers
The part of the customer purchase decision process is internal search. It is because Brian thinks that Brian's friend would like a new one by the same maker.
Decision-making in psychology can be defined as the cognitive process resulting in the selection of a belief or a course of action among several possible alternative options. Decision making could be either irrational or rational. There are two types in decision making, such as internal search and external search. Internal search can be defined as the acquisition of information that is and available in memory. External search can be defined as the acquisition of information from sources outside of memory.
Learn more about decision process here https://brainly.com/question/19901674
#SPJ4
corporate strategic options for diversified companies would not normally entail multiple choice sticking closely with the existing business line when the current business line offers attractive growth opportunities. divesting weak-performing businesses and retrenching to a narrower base of business operations. broadening the diversification base by adding and acquiring more businesses. repurchasing shares of the company's common stock and building cash reserves by investing in short-term securities. restructuring the company's business lineup through a mix of divestitures and new acquisitions.
Answers
Option (c), which entails repurchasing shares of the company's common stock and accumulating cash through investments in short-term securities, is the best choice.
What exactly do you mean by diversified companies?A diverse corporation owns or engages in business across a number of unrelated industries. Companies can diversify by starting new ventures on their own, joining forces with another business, or buying a firm that operates in a different industry or service sector. One typical type of diversified company are conglomerates.
Why does corporate strategy matter for a varied firm?So, the company strategy is to increase profitability by entering new markets and offering new products. Corporations may also aim to diversify in order to assist mitigate the dangers related to relying too much on one industry.
Learn more about diversified companies: https://brainly.com/question/28385996
#SPJ4
according to david uhlmann, department of justice (1990-1997), why do our current laws not prevent companies with egregious safety records like bp from engaging in activities that could be devastating for the environment?
Answers
The Health and Safety at Work Act (HSWA) of 1974 imposes a legal obligation on businesses to protect both their own employees' health, safety, and welfare as well as the safety of others on the job.
What is the law in the Philippines saying about safety and health?
The right to work in a safe and healthy environment must be protected. The employer is required to give enough training and education on chemical safety, electrical safety, mechanical safety, and ergonomic safety to all employees, as well as information about all forms of workplace dangers.
Why is occupational health and safety regulation necessary?
Management should give top emphasis to employee health and safety programs because they save lives, boost output, and cut costs.
To learn more about health and safety from the given link.
https://brainly.com/question/13292244
#SPJ4
krishan goes to a local bank to make a deposit in his savings account. while there, he considers the principles of economics that he has been learning at the university. he concludes that in this situation he is a supplier of credit. how is this so?
Answers
He is lending the bank his savings so that the bank can lend those funds to other borrowers.
When a bank lends or borrows money from another bank in the federal funds market. The excess reserve loan from one bank to another bank will therefore be recorded as an asset for the lending bank and a liability for the borrowing bank because the borrowing bank borrowed money from the other bank.
To know more about borrowing bank visit here :
brainly.com/question/8984862
#SPJ4
cafta refers to . a. a free trade agreement between the united states and five central american countries and the dominican republic b. a proposed customs union between nations that are present near the pacific ocean c. a regional integration mechanism integrating two existing customs unions (andean community and mercosur) in south america d. a proposed free trade area for the entire western hemisphere
Answers
Cafta or also known as The Dominican Republic-Central America FTA (CAFTA-DR) refers to (A) a free trade agreement between the united states and five central american countries and the dominican republic.
The Dominican Republic-Central America FTA or also known as (CAFTA-DR) can be defined as the first free trade agreement between a group of smaller developing economies and the United States. The five central american countries are including Central American neighbors Costa Rica, Guatemala, Honduras, El Salvador, Nicaragua. Cafta was formed in July 2005 and has a purposes to eliminate tariffs and trade barriers and expand regional opportunities for the workers, consumers, farmers, manufacturers, ranchers and service providers of all the countries
Learn more about cafta here https://brainly.com/question/956587
#SPJ4
on june 1, davis inc. issued an $75,600, 7%, 120-day note payable to garcia company. assume that the fiscal year of garcia ends june 30. using the 360-day year, what is the amount of interest revenue (rounded) recognized by garcia in the following year? a.$882 b.$5,292 c.$1,323 d.$441
Answers
The amount of interest revenue is $441
An organisation's income from whatever investments it makes or on the debt it holds is known as interest revenue.
When someone deposits money into a savings account and chooses to do nothing with it for several months or years, that is a pretty straightforward example of interest income occurring daily.
Calculating the interest -
75,600 × 7%
= 75600 × 0.07
= 5292
Now, The note was issued on June 1
Therefore -
5292 × 30/360 ( Since June has 30 days)
= 441
Read more about interest revenue on:
https://brainly.com/question/28883979
#SPJ4
the government of burginville has run a deficit of $20 million which it intends to pay for by issuing new government bonds. what impact will this action have on the bond market and the market for loanable funds?
Answers
The supply of bonds in the bond market increases; the demand for funds in the loanable funds market increases.
What is bonds ?Bonds are formulated when governments and companies want to increase money.By purchasing a bond, you are making a loan to the issuer, and the issuer agrees to repay the face value of the loan by a specified date, and usually he will make two periodic payments a year. pay interest. Bonds are generally considered safer than other financial assets such as stocks, and provide a reliable return unless the issuer defaults.There are different types of bonds with different payment terms and minimum investment amounts.In return for purchasing a bond, an investor or bondholder receives periodic interest payments known as coupons.To learn more about bonds from the given link :
https://brainly.com/question/10777799
#SPJ4
3. bob owns a 2-acre parcel of land. he purchased 5 years ago to build his vacation cottage home when he retires next year. earlier this year the city of wander in an effort to control the rapid growth of the community and to maintain the country setting of the neighborhoods amended its existing zoning ordinance to limit the size of buildable lots to 4 acres. however, the ordinance did not modify the existing permission to place any size of rv or other mobile structure on city lands. bob filed for an application for a building permit with the city when he was told his request was denied due to the zoning requirements. bob contents that the zoning ordinance constitutes a deprivation of property without due process of law? is he correct? why or why not? please briefly explain your answers.
Answers
No. In this case, Bob is incorrect. The zoning ordinance does not constitute property deprivation without a proper legal process.
What is zoning ordinance?
A zoning ordinance, that also specifies the land use of build strong and even individual lots within a city block, is typically used to develop zoning regulations. Zoning regulations include lot size, density as well as bulk, tallness, and floor area ratio requirements (FAR). The zoning ordinance formalises the land-use policies that apply to land within a municipal government. It also establishes the legal framework. The zoning ordinance defines permitted land uses and differentiates between different types of land uses. It also guarantees that incompatible land use of are not located next to each other.
No. In this case, Bob is incorrect. The zoning ordinance does not constitute property deprivation without a proper legal process. The amended ordinance limits buildable lots to 4 hectares, but Bob only owns 2 acres of parcel land. On city property, any size RV or other portable structure is permitted. The city has the right to implement zoning laws and to amend them for the betterment of the community as long as it does not infringe on his freedom.
To learn more about zoning ordinance
https://brainly.com/question/28168473
#SPJ4
columbia properties is in the business of building homes. it has acquired land large enough to make 10 large and 10 medium-sized homes in the suburbs of portland, oregon. columbia properties has also made the required arrangements with prospective investors for financial capital. however, the local authorities are not permitting columbia properties to build the large houses due to certain permit issues. in this case, columbia properties is unable to serve its customer segments because they are not multiple choice measurable. differentiable. accessible. substantial. actionable.
Answers
Both the collection of legal rights that provide people control over expensive objects as well as the actual valuable items themselves are referred to as property.
What is the property known as?Anything over which a person or a company has legal ownership is considered property. Property can refer to both real objects, like homes, automobiles, or appliances, as well as intangible items with the potential for future value, like stock and bond certificates.Both the collection of legal rights that provide people control over expensive objects as well as the actual valuable items themselves are referred to as property.Anything over which a person or a company has legal ownership is considered property. Property can refer to both real objects, like homes, automobiles, or appliances, as well as intangible items with the potential for future value, like stock and bond certificates.To learn more about property refer to:
https://brainly.com/question/13181
#SPJ4
a(n) is the difference between how much of an input was actually used and how much should have been used and is stated in dollar terms using the standard price of the input.
Answers
Answer:
Quantity Variance
Explanation: