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Sergio [31]
2 years ago
7

The Walton family got a great deal on their new home. They bought it for $101,295, and it appraised at $187,000 in a region wher

e assessed value is a percentage of appraised value. Using an assessment ratio of 25%, what is the assessed value of their new home
Business
1 answer:
Vesna [10]2 years ago
7 0

The assessed value of their new home is $46,750.

<h3>Assessed value</h3>

Using this formula

Assessed value=Appraisal amount× Assessment ratio

Where:

Appraisal amount=-$187,000

Assessment ratio=25%

Let plug in the formula

Assessed value=$187,000 × 0.25

Assessed value = $46,750

Learn more about Assessed value here:brainly.com/question/5428406

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When a proposed merger between two companies is reviewed by the government, the relevant market is defined by ________.
sukhopar [10]

Answer:

whether or not there are close substitutes for the products of the two firms

Explanation:

The law watches closely for mergers that actively seek to inhibit or totally annihilate competition in the market which will be harmful for consumers. Mergers such as horizontal mergers, vertical mergers tend to bring about a monopoly whereby sellers aim to coordinate in a such a way that there is an agreement amongst them and profit is ensured while market becomes less efficient.

3 0
3 years ago
Which of the following statements is true of service facilities? Select one: a. They store their services as physical inventory.
matrenka [14]

Answer:  Option B

Explanation: Service facilities refers to those companies that have business of providing services such as emergency medical care, automobile repair etc.

These firms belongs to service industry in which every customer might need a little bit different work from the others. Thus, in order to know their customers specific wants and preference they must have a close relationship with them.

Hence from the above we can conclude that the right option is B.

6 0
3 years ago
As a financial responsibility, the sponsoring broker must keep a journal
anzhelika [568]
The answer is for each escrow account.
4 0
3 years ago
A favorable balance of trades exists when a country
Shtirlitz [24]

Answer:

D. exports more than it imports

Explanation:

A favorable balance of payment is a term used in international trade to describe a situation where a country's exports exceed imports. A country will experience a positive balance of payment if its a net exporter.  A favorable balance of payments is when there is a surplus in a country's balance of trade.  

Exports are goods and services manufactured within the borders of a country and sold to foreigners. Imports are products bought from other countries. In calculating the balance of payment,  net income from international assets is also considered.

5 0
3 years ago
Jamie's Motor Home Sales currently sells 1,100 Class A motor homes, 2,200 Class C motor homes, and 2,800 pop-up trailers each ye
rusak2 [61]

Answer:

$46,900,000

Explanation:

Calculation for the erosion cost of adding the mid-range camper

Erosion cost = [(1,100 - 850) × $140,000] + [(2,200 -2,000) × $59,500]

Erosion cost =(250×$140,000)+(200×$59,500)

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Therefore the erosion cost of adding the mid-range camper will be $46,900,000

5 0
4 years ago
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