1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Goshia [24]
3 years ago
7

A four-bedroom, four-bath, 4,875-square-foot house was listed at $445,000. Andreas, the seller, accepted an offer that was 95% o

f the listing price. What price per square foot did he get for the house
Business
1 answer:
FromTheMoon [43]3 years ago
5 0

The price per square foot available to Andreas on the listed cost of the house, that is, $445,000 with an area of 4,875 square feet is $86.71.

<h3>What is the price per square foot?</h3>

Price per square foot is the cost price of a house in terms of per square foot. It can be determined by dividing the cost of a household by the area of the house in square feet.

Given values:

Cost of house = $445,000

Area of house (in square foot) = 4,875

Accepted ratio of listing price = 95%

Computation of price per square foot:

\rm\ Price \rm\ per \rm\ square \rm\ foot=\rm\ \frac{\rm\ Cost \rm\ of \rm\ house}{\rm\ Area \rm\ of \rm\ house}\times \rm\ Accepted \rm\ ratio\\\rm\ Price \rm\ per \rm\ square \rm\ foot=\frac{\$445,000}{4,875}\times 95\%\\\rm\ Price \rm\ per \rm\ square \rm\ foot=\$91.20\times95\%\\\rm\ Price \rm\ per \rm\ square \rm\ foot=\$86.71

Therefore, Andreas gets the price per square foot for the house is $86.71.

To learn more about the price per square foot here:

brainly.com/question/14936438

#SPJ1

You might be interested in
Which is not a factor that can cause a change in supply?
sasho [114]

Answer:

business model is not a factor

Explanation:

4 0
3 years ago
Read 2 more answers
When purchasing a vehicle which of the following would initially offer the lowest monthly payment
choli [55]

Answer:

Balloon payment plan

Explanation:

4 0
3 years ago
Read 2 more answers
The discounted payback period for a project will be _______ the payback period for the project given a positive, non-zero discou
Zepler [3.9K]

Answer: longer than

Explanation:

The discounted payback period simply refers to the number of years that will be required for the cumulative discounted cash inflows to be able to cover a project's initial investment.

It should be noted that the discounted payback period for a project will be longer than the payback period for the project given a positive, non-zero discount rate. This is because the time value of money will be taken into consideration, hence, this will bring about a longer time.

3 0
3 years ago
On January 1, Mumford purchased 10% of Heller's common stock. On September 1, it purchased another 30% of Heller's common stock.
professor190 [17]

10% of Heller's income for January 1 to August 31, plus 40% of Heller's income for the remainder of the year.

Explanation:

In spite of a retrospective strategy, Mumford puts the 10 per cent owned by the creditor firm together with the 30% purchased on Sep 1 which accounts for 40 per cent of the sales of Heller.

Retrospective, the committee focuses on the team members ' collaboration and looks for ways to enhance the process, based on the lessons learned in the recent work .

It is time to reflect on past events and experiences – outside the daily routine.

Retrospective thinking occurs whenever one remembers something from the past, but one can also think retrospectively about hypothetical future events, by imagining that the event has already transpired and then working backward in the mind from the future toward the present.

5 0
4 years ago
Over the course of 40 years, Sal grew his company to six package shipping stores. with his retirement approaching and the increa
Pavel [41]

Answer:

<em>C. defensive strategy </em>

Explanation:

<em><u>Defensive strategy</u></em><em> </em><em> is been represented by the effort of Sal's reduction</em>.

Basically in defensive strategy, the consumers and the customers are been hold-back by the companies and organisations. In this when competition increases the companies try to pull back their old customers from their competitors company.

In the scenario which is been represented in the question the Sal's company indulge's in the action that is known as defensive strategy.

7 0
3 years ago
Other questions:
  • Alexis company recently completed 10,600 units of its single product, consuming 32,000 labor hours that cost the firm $480,000.
    14·1 answer
  • After working for Stafford Automotive Group as an automotive technician for the last 4 years, Stan was promoted to the position
    11·1 answer
  • Closing entries
    10·2 answers
  • On April 1, 2020, Rasheed Company assigns $400,000 of its accounts receivable to the Third National Bank as collateral for a $20
    13·2 answers
  • A researcher wanted to determine the mean number of hours per week (Sunday through Saturday) the typical person watches televisi
    9·1 answer
  • a. If the interest rate on Treasury bills is 5% and the expected return on the market portfolio is 15%, what is the expected ret
    14·1 answer
  • What is one of the core concepts in IT
    13·2 answers
  • The following information was taken from the segmented income statement of Restin, Inc., and the company's three divisions: Rest
    12·1 answer
  • If your employer offers a retirement plan, it should be the first plan that you consider because your employer
    13·1 answer
  • Discuss steeps involved in business planing process​
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!