Ask Question, Ask an Expert

+1-415-315-9853

info@mywordsolution.com

Ask Basic Finance Expert

A not-for profit nursing home has total expenses of $20 million, sales tax in the state is 7%, expenses are broken down into salaries ($12 million), supplies ($6 million), and pharmacy ($2 million). The benefit received by the nursing home from the sales tax exemption assuming that pharmacy items are exempt from state sales tax is?

A. $1.4 million

B. $1.26 million

C. $420,000

D. $480,000

 

Basic Finance, Finance

  • Category:- Basic Finance
  • Reference No.:- M925696

Have any Question? 


Related Questions in Basic Finance

Consider the context-free grammara give a leftmost

Consider the context-free grammar: a) Give a leftmost derivation for the string. b) Give a rightmost derivation for the string. c) Give a parse tree for the string. ! d) Is the grammar ambiguous or unambiguous? Justify y ...

Consider a portfolio comprised of two securities m and n

Consider a portfolio comprised of two securities, M and N. The correlation of the returns on these securities is 0.25. And suppose that these securities have different standard deviations. Explain how different combinati ...

1 define extraneous variable and confounding variable

1. Define extraneous variable and confounding variable. Describe two methods used to prevent extraneous variables from becoming confounding variables. 2. In an experiment, participants are usually assigned to treatments ...

1 describe four types of invalidity that can be found in

1. Describe four types of invalidity that can be found in experimental research designs. 2. What are extraneous and confounding variables? Which type of variable is most dangerous to the statistical conclusion validity a ...

Adding a budgetbullusing microsoft project software amend

Adding a Budget • Using Microsoft Project software amend your WBS to include your project budget • Make sure that you use your resource sheet in Microsoft project to list all materials, work classification units and reso ...

In a poll 210 of 1050 randomly selected adults aged 18 or

In a poll, 210 of 1050 randomly selected adults aged 18 or older stated that they believe there is too little spending on national defense. Find a 90% confidence interval for the proportion of adults aged 18 or older who ...

1 give an example of why a review of bank assets may

1. Give an example of why a review of bank assets may indicate risk or opportunity of which you were not aware 2. Why review the disclosure of the market value of investments versus the book amount of investments for ban ...

Finance stock markettwo pages reponse base on my stock

Finance, stock market Two pages reponse base on my stock portfolio. Choose( Apple Inc.) to write the journal and use the S&P 500 data. ASAP !! Your Module 4 assignment will have two parts: 1. Discuss your stock performan ...

1 what is a capitalization rate what are the different ways

1. What is a capitalization rate? What are the different ways of arriving at this rate for an appraisal? 2. If investors buy properties based on expected future benefits, what is the rationale for appraising a property b ...

What is the accounting identity list at least three of the

What is the accounting identity? List at least three of the assumptions underlying financial statements? Identify at least three current asset accounts ? What is the operating cycle ? Identify three current liability acc ...

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

WalMart Identification of theory and critical discussion

Drawing on the prescribed text and/or relevant academic literature, produce a paper which discusses the nature of group

Section onea in an atwood machine suppose two objects of

SECTION ONE (a) In an Atwood Machine, suppose two objects of unequal mass are hung vertically over a frictionless

Part 1you work in hr for a company that operates a factory

Part 1: You work in HR for a company that operates a factory manufacturing fiberglass. There are several hundred empl

Details on advanced accounting paperthis paper is intended

DETAILS ON ADVANCED ACCOUNTING PAPER This paper is intended for students to apply the theoretical knowledge around ac

Create a provider database and related reports and queries

Create a provider database and related reports and queries to capture contact information for potential PC component pro