In Los Angeles County, property taxes are typically due twice a year. They are due in November 1st, delinquent in December 10th and then due again February 1st, delinquent on April 10th.

Parcel 1 has a land assessment of $75,000 and improvement assessment of $125,000. Annual special assessments are $1,275.00, and bi-annual taxes due (inclusive of special assessments) are $1.937.50; however, annual penalties are $442.50.

Parcel 2 has a land assessment of $187,500 and improvement assessment of $312,500. Annual special assessments are $3,187.50 and bi-annual taxes due (inclusive of special assessments) are $4,843.74; however, annual penalties are $1,106.25.
What is the effective tax rate of the entire property, assuming both parcels are sold together?

9. tax types: taxes are classified based on whether they are applied directly to income, called direct taxes, or to some other measurable performance characteristic of the firm, called indirect taxes. identify each of the following as a “direct tax,” an “indirect tax,” or something else: a. corporate income tax paid by a japanese subsidiary on its operating income b. royalties paid to saudi arabia for oil extracted and shipped to world markets c. interest received by a u. s. parent on bank deposits held in london d. interest received by a u. s. parent on a loan to a subsidiary in mexico e. principal repayment received by u. s. parent from belgium on a loan to a wholly owned subsidiary in belgium f. excise tax paid on cigarettes manufactured and sold within the united states g. property taxes paid on the corporate headquarters building in seattle h. a direct contribution to the international committee of the red cross for refugee relief i. deferred income tax, shown as a deduction on the u. s. parent’s consolidated income tax j. withholding taxes withheld by germany on dividends paid to a united kingdom parent corporation

Anderson farms, inc. provided the following for 2018: cost of goods sold (cost of sales)$1,300,000beginning merchandise inventory340,000ending merchandise inventory630,000calculate the company's inventory turnover ratio for the year. (round your answer to two decimal places.)

Security prices are set by active market participants. which of the following is not a consequnce of this fact? a. the market price will be set by the buyer who can take best advantage of the asset. b. the price is set by the buyer willing to pay the highest price. c. superior information about an asset can increase its value by reducing its risk. d. market participants have a strong incentive to reveal private information about a security.