Which statement is true about a homeowner's exemption? It must be filed every year . Certain homeowners may qualify for a $10,000 exemption . Once filed, it remains until terminated . None of the above .

Answers

Answer 1

Answer:

Certain homeowners may qualify for a $10,000 exemption

Answer 2

In a homeowner's exemption, certain homeowners may qualify for a $10,000 exemption. The correct option is b.

What is California's homeowner's exemption?

The California Revenue and Taxation Code provide homeowners with a $7,000 reduction in the taxable value of a qualifying owner-occupied residence for purposes of computing the annual property tax assessment. With an approximate 1% property tax rate, the exemption provides roughly $70 in annual property tax savings.

The home must have been the principal residence of the owner as of January 1 of that tax year to qualify for the homeowners’ exemption. The new owner will automatically receive an exemption claim form in the mail and there is no cost to file. To receive 100% of the exemption ($7,000), an owner must file by February 15. If the form is filed after February 15 but before December 10, an owner will receive 80% of the exemption ($5,600) for that year. Once granted, the homeowners’ exemption remains in effect until the title to the property changes.

Or if the owner no longer occupies the house as their principal place of residence.

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Related Questions

Please pick one of your favorite or least favorite brands and go to its website. Please evaluate the website according to 7 C's: context, content, community, customization, communication, connection, and commerce. Please summarize whether you consider the website effective/ineffective and what recommendations you would make to the brand in improving the website.

Answers

*insert smart answer*

If P(A) = .62, P(B) = .47, and P(A U B) = .88; then P(AN B) =

Answers

Answer:

197............................

What problems do you think might arise in extreme programming teams where many management decisions are devolved to the team members

Answers

*insert smart answer*

The​ ________ tells managers how much of the overall variance is due to paying a higher or lower price than expected for the quantity of materials it purchased.

Answers

Direct labor rate variance

Choose all that apply.

Select all strategies for correcting credit problems.


Find credit counseling services.

Take a cash advance from one credit card to pay the minimum payment on another credit card.

Continue to use credit responsibly and wait.

Ask your credit card company to waive fees or lower your interest rate.

Get help from a finance company.

Transfer credit card balances to a card or loan with lower interest rates.

Sell something of value.

Answers

Answer:

find credit counseling services,

Ask your credit card company to waive fees or lower your interest rate.

Get help from a finance company.

At June 1, 2018 Billy’s Fitness Company purchased new exercise equipment for its facility.
The following information refers to the purchase and installation of this equipment:
• The list price of the equipment was $640,000 less a cash discount of 5%.
Billy’s Fitness Company paid sales taxes of $36,480 at the date of purchase.
• Transportation charges for delivery of the equipment totaled $2,200.
• Costs for installation and test runs to ready the equipment for customer use
amounted to $1,600.
• Normal maintenance costs for the exercise equipment in June 2018 were $875.
Requirement:
For each of the bulleted items above, indicate which items should be included by Billy’s
Fitness Company as a part of the total cost of its Exercise Equipment account. Also briefly
indicate the proper accounting treatment of those items that are not included in the cost of
the Exercise Equipment

Answers

An indication of the bulleted items that Billy's Fitness Company should include in the cost of the Exercise Equipment account is as follows:

Equipment's List Price = $608,000

Sales Taxes                         36,480

Transportation cost              2,200

Installation and testing         1,600

Total  costs                  $648,280

Thus, the costs of normal maintenance of the equipment in June 2018 should not be included in the Equipment Account but treated as expenses in the income statement.

Data Analysis:

Equipment's list priceless discount = $608,000 ($640,000 x(1 - 5%)

Cash Discount = $32,000 (5% x $640,000)

Sales taxes included = $36,480

Transportation charges = $2,200

Installation and testing costs = $1,600

Maintenance costs =$875

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Maximum 500 words.. Develop your unique sales strategies to sell your product or services to 
a. A community that has NEVER used any of such product.
b. A community who has been using your competitors product.
please write 500 words please help​

Answers

To develop a unique sales strategy to sell your products or services to a community that has never used any of the services and a community that has used your competitors' product, the focus must be on creating value for the consumer.

Now in detail, let's analyze how strategies could be carried out for each specific situation:

A community that has never used any of these products:

The focus would be on product promotion. Marketers should develop advertising and promotion campaigns that would generate awareness about the product and its benefits, and create consumer desire.

A community that has used its competitors' product:

The focus in this situation is on the creation of differentiation, which is a strategy for consumers to be able to perceive different benefits and features in their product that generate more value and satisfaction than the product of competitors.

Therefore, each strategy must be aligned with the satisfaction of a specific need, generating efforts to create products and services that generate advertising engagement, satisfy consumer needs, generate the desire for purchase, have quality and create value.

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Discuss the difference between the income statement of Variable and absorption costing.

Answers

Absorption costing includes all of the direct costs associated with manufacturing a product, while variable costing can exclude some direct fixed costs. ... Variable costing includes all of the variable direct costs in COGS but excludes direct, fixed overhead costs.

If you fire Julio from his job after making one mistake but did not fire John for making the same mistake several times, you have committed an error related to which type of justice?

Answers

In this scenario, we have committed an error related to Procedural justice

Procedural justice refers to way of ensuring fair justice by making decisions according to fair processes to ensure fair treatment.

According to this justice rule, the same rule must be applied to similar scenario and must be impartial as well in order to ensure fair justice.

In conclusion, we have committed an error relating to procedural justice because the rule that was applied to Julio was not applied to John, therefore, there was a bias in justice.

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What is the 4 MAJOR
ELEMENTS OF A TORT
What is 4 major elements of a tort
What is the 4 major elements of a tort

Answers

Answer:

- The presence of a duty. We all have a duty to take steps to prevent injury from occurring to other people.

- The breach of a duty. The defendant must have failed to live up to his duty to prevent injury from occurring to you.

- An injury. You were injured.

- The injury resulted from the breach.

Explanation:

Hope this helps.

if someone wanted to find out how much money a company made during a particular year, the best financial statement to use would be the

Answers

Answer:income statement

Explanation:

If someone wanted to find out how much money a company made during a particular year, the best financial statement to use would be the income statement.

What is an income statement?

An income statement displays the revenues, costs, and profitability of a business over time. It is also sometimes referred to as an earnings statement or a profit-and-loss (P&L) statement. It describes the process by which the revenues, or "top line," are converted into net income or net profit. Managers and investors can determine whether a company made money (profit) or lost money (loss) during the reporting period by looking at the income statement.

A period of time is represented by an income statement. The balance sheet, on the other hand, only depicts one point in time. You may better comprehend your company's financial situation by comparing the income statement to the balance sheet, cash flow statement, and cash flow forecast.

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To be protected under the Copyright Act, a work must be a. a concept, principle, or discovery. b. none of the choices. c. an inseparable idea and expression. d. original and fixed in a durable medium.

Answers

In order to be protected under the copyright act, a work has to be original and fixed in a durable medium.

The answer to this question is option d. The copyright act can be described as the type of ownership that is protected by the law. The protection is offered based on the fact that the ideas are original.

It offers a genuine protection for the original author. The basic idea behind this is to create a balance between the interest of the public users and the rights of the person that authored the work.

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Answer:

The answer is option D.

Explanation:

I answered this question on a test.

Why Is Tiklacars South Southend Airport Transfer Service Better?

Answers

Answer:

Yes,

Tiklacars South Southend Airport Transfer Service is Better.

I HOPE ITS HELP YOU

A negative attitude can lead to
O more completed work
O high turnover
O better work environment
O fewer conflicts between employees

Answers

Negative attitude can lead to high turnover

Explain how using a credit card can be similar to
getting an interest free loan

Answers

Answer: Credit cards can easily work as a short-term loan, but cards that offer 0% APR for a limited time have the potential to be “free.” The key to using a credit card as an interest-free loan is making sure you can pay every cent of your balance off before your card's introductory offer ends.

Explanation:

You are planning to write your resume and take pride in your ability to describe your strengths. What do experts recommend when writing your resume? HELP ASAP

Both answers A and B
Write a clear strong statement of your accomplishment
Write a statement of your potential, talents, and current responsibilities
If your skill have been used in the past and will continue to be used

Answers

If a person is planning to write their resume and take pride in their strengths, it's advisable to write a clear strong statement of your accomplishments and a statement of their potential, talents, and current responsibilities.

A resume simply means a brief account of the personal, professional qualifications, educational qualifications, experience etc of a person.

It should be noted that when writing a resume, it's important to have a clear strong statement of your accomplishment as well as a statement of your potential, talents, and current responsibilities.

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What are 4 types of investments that offer compound interest?

Answers

Answer:

Savings Accounts

Rental Homes

Bonds

Stocks

:)

CDs. Considered a safe investment, certificates of deposit are issued by banks and generally offer higher interest than savings. ...
High-Interest Saving Accounts. ...
Rental Homes. ...
Bonds. ...
Stocks. ...
Treasury Securities. ...
REITs.

Pat Jones is a college student who is planning some networking
opportunities for the current semester. Pat wanted to look professional for these events and felt a new suit would be a real benefit; however, the cost for the first event ended up being $75 which was a strain on the budget. Pat did not want to attend the remaining three events in the same outfit, so a new strategy was developed. Instead of paying for new suits in cash, Pat decided to charge the suits on a credit card, wear them to the events, and then return them the next day for full credit.

*****Be sure to include the following in your original response which should be at least four paragraphs with at least five sentences each:

1. Provide a brief description of the scenario in your own words.
2. Do you feel Pat's new strategy is ethical? Why or why not? Could
there be any consequences with this strategy?
3. How will this new strategy impact the company/companies where the suits are purchased?
4. What journal entry/entries would the company have to record
related to the return of the suit?

Answers

Answer:

1. I feel like Pat's new strategy isn't ethical. Pat doesn't pay for the suits; he just buys them and then returns them. Pat benefits, but the store he gets the suits from doesn't. In fact, they are harmed from this transaction because they are unable to have the suit for others to buy while Pat has it. There could be consequences with this strategy. For example, the suit might be damaged, and Pat won't be able to return it. Another problem is that others might find out about Pat's strategy, and they might view them as unprofessional. This is a problem for Pat since the reason Pat wore those suits was to look professional.

2. The stores are harmed from this transaction. They are unable to sell the suits to other buyers. The stores lose potential customers, so the stores lose potential money.

3. The companies should record that Pat had bought the suit only to return it the next day, so that they can act accordingly when Pat or someone else comes back to "buy" a suit.

Explanation:

Is foreign employment good or bad for Nepal?​

Answers

They are good for employment

It has an immediate benefit but it is not beneficial for a long term of the Nepalese labour and sweat is being used in foreign countries and there is scarcity of human power for the development of our own country

Your dad mentioned that he had $100,000 in his retirement account 20 years ago. If the account has grown by the market rate of 10% per year by how much would the account have grown.

Answers

Answer:

ow much would the account have grown

Suppose you are the owner of a firm producing jelly beans. Your production costs are shown in the following table. Initially, you produce 100 boxes of jelly beans per time period. Then a new customer calls and places an order for an additional box of jelly beans, requiring you to increase your output to 101 boxes. She offers you $1.50 for the additional box. Should you produce it? Why or why not?

Answers

Answer:

we cant say beacause we dont know average variable cost.

Explanation:

Since we don't know the typical variable cost, we are unable to say.

What is the cost?

A cost is the amount of money that has been spent to produce something or provide a service and is thus no longer accessible for use. In business, the cost could be one of acquisition, in which case the money spent to obtain it is recognized as cost. In this situation, money is the input that is used to purchase the item.

The owner of a firm producing jelly beans. Your production costs are shown in the following table. Initially, you produce 100 boxes of jelly beans per time period. Then a new customer calls and places an order for an additional box of jelly beans, Since we don't know the typical variable cost, we are unable to say.

Therefore,  Typical variable cost, we are unable to say.

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How does the Army Corps of Engineers affect agriculture?

A.
They oversee safety standards.

B.
They develop new pesticides.

C.
They develop new machinery.

D.
They oversee some waterways.

Answers

Answer:

D. They oversee some waterways.

Purchased office supplies for $1,400. Cash paid $ 400 and remaining
outstanding.

Answers

Answer: $1,000

Explanation:

what are the source of law ?

Answers

Sources of law are the origins of laws, the binding rules that enable any state to govern its territory. The term "source of law" may sometimes refer to the sovereign or to the seat of power from which the law derives its validity.

hope it helps

Explain how Nike came to that situation through its expansion strategy

Answers

Answer:

Other than its superior products, it was able to expand thanks to its use of global marketing strategies to help expand its business globally and gain market share everywhere. Nike was able to use social media presence and strategic partnership and sponsorship to gain global consumers and market share

Explanation:

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Gina Morales had taxable income of $35,950 in 2020. She will file a return using the single filing status. Her income consisted of ordinary and qualified dividend income of $2,000, reported to her on Form 1099-DIV. The rest of her income was from wages. What tax rate will apply to Gina's qualified dividends

Answers

The applicable tax rate to Gina's qualified dividends is 0%.

Gina's qualified dividends of $2,000 are below the threshold for long-term capital rates of 15% and 20%.  Based on Gina's single filing status with a taxable income of $35,950, which falls under the 12% taxable income bracket, she will not be paying any tax on her qualified dividends.  But she must still disclose the qualified dividend income on her tax form.

Thus, the tax rate that applies to Gina's qualified dividends is 0%.

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what is Economics in simple terms​

Answers

Answer:

The New York Stock Exchange in New York City, USA. Economics is the social science which studies economic activity: how people make choices to get what they want. It has been defined as "the study of scarcity and choice" and is basically about the choices people make.

Explanation:

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Use Apple’s financial statements in Appendix A to answer the following. Required: 1. Is Apple’s statement of cash flows prepared under the direct method or the indirect method? 2. For each fiscal year 2019, 2018, and 2017, identify the amount of cash provided by operating activities and cash paid for dividends. 3. In 2019, did Apple have sufficient cash flows from operations to pay dividends? 4. Did Apple spend more or less cash to repurchase common stock in 2019 versus 2018?

Answers

Apple’s statement of cash flows was prepared under the indirect method. This was because the net income approach was used.

Based on the complete information, the amount of cash provided by operating activities and cash paid for dividends for the fiscal years will be:

Cash provided = 63598, 65824, and 81266.Payments of dividend = 12769, 12150, and 11561.

In 2019, Apple had sufficient cash flows from operations to pay dividends. It had surplus cash after the dividend was paid.

Lastly, Apple spent more cash to repurchase common stock in 2019.

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Answer:

Explanation:

Apple’s statement of cash flows was prepared under the indirect method. This was because the net income approach was used.

Based on the complete information, the amount of cash provided by operating activities and cash paid for dividends for the fiscal years will be:

Cash provided = 63598, 65824, and 81266.

Payments of dividend = 12769, 12150, and 11561.

In 2019, Apple had sufficient cash flows from operations to pay dividends. It had surplus cash after the dividend was paid.

Lastly, Apple spent more cash to repurchase common stock in 2019.

In selling a house, Matt, a licensed realtor, tells Ann that the wiring, fixtures, and ap-pliances are of a certain quality. Matt knows nothing about the quality, but it is not as specified. Ann buys the house. On learning the true quality, Ann confronts Matt. He says he was not trying to fool her; he was only trying to make a sale. Can she rescind the deal

Answers

no she cant rescind the deal

The ability to take initiative in the workplace is called

A. adaptability
B. communication
C. leadership
D. problem solving

Answers

The answer is C, Leadership.

The ability to take initiative in the workplace is called leadership.

Thus, the correct option is C.

What do you mean by Leadership?

The capacity to influence and direct followers or other members of an organization is referred to as leadership.

Competent, skilled, secure, and caring leaders excel in their positions. These leaders are honest and authentic in their behaviors and words, and they make time for everyone. They publicly communicate to their staff that they value people.

They are crucial traits to possess because a competent leader can inspire his or her team to work together toward a common objective by bringing out the best qualities in each person.

In order to prevent delays, a skilled leader keeps the group engaged and on task. A productive and happy work atmosphere is fostered by leaders who are transparent and honest.

Transparency with team members is essential for an effective leader, making it one of their essential traits. Many people, including team members and coworkers, look up to an effective leader.

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How did Martin Luther view the German peasants revolt? The diagram shows the box for an element in the periodic table. Whats is the atomic mass of the element shown? 17. The price of napkins and the number of napkins is listed in the table below.Number ofPrice ofNapkins (1) Napkins (p), incents200140300210400280500350600420Letp represent the price of the napkins and the number of napkins. Which equation shows therelationship between the price of napkins and number of napkins?A.pn=7C.pn=0,7B.np = + 70 D.pn = +100 How did the rivers of Mississippi affect the lives of First Nations people?They protected settlements from attack by outside tribes.They gave European traders easy access to native markets.They provided a source of food that contributed to population growth.They made it possible to generate water power that aided basket-weaving. The four Great Chinese classics? Which of the following children would NOT be considered a U.S. citizen?A. A child born in Chicago whose German parents are diplomats in the United States.B. A child born in Japan whose parents are both American citizens.C. A child born in Ohio whose parents are illegal aliens.D. A child born in Hawaii whose mother is an American citizen. What is the measure of angle 1 in the diagram 42 30 1 2 What is 45.5% in simplest form? Technician A says a typical Manifold Absolute Pressure (MAP) sensor can be connected directly to the intake manifold or connected through a vacuum hose. Technician B says most modern MAP sensors do not use a flexible silicon chip within a chamber anymore. Who is correct Write a paragraph of 3-5 sentences that uses transitions to show a cause and effect relationship between ideas. PLEASE HELP WILL GIVE BRAINLIEST the nurse is assessing the client to see it the respiratory defense are intact. which of the following would the nurse ask the client about Find the perimeter. Simplify your answer. food is prevented from entering the trachea by the what is wardrobe in french Let P be between M and N use the segment addition postulate to solve for X maru le dice a mnica que hay una joyera en el centro. mnica dice que el correo est cerca. maru busca el coche de miguel. maru habla por telfono con su mam. maru cree que perdi el paquete. What is 7.83 x10^6 in decimal form 2 (3m + 1)Expand and simplify What are the functions of political parties? A student electrolysed some water. She collected 20 cm of oxygen, What volume of hydrogen could she alsohave collected at the same time?