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
Sphinxa [80]
2 years ago
9

The subject property has a total value of $280,000 by the sales comparison approach. A competitive neighborhood nearby has home

sales with a median value of $250,000, and recent lot sales at $75,000. By allocation, what would be the value of the subject land
Business
1 answer:
True [87]2 years ago
5 0

The value of the subject land is $84,000.

Given,

75,000 / 250,000 = 0.30

280,000 * 0.30 = 84,000

Land value is the measure of the way lots a plot of land is worth, now not counting any buildings but including improvements inclusive of better drainage. when a landowner can pay taxes on her actual property, a part of what is taxed is the fee of the land, in addition to whatever structures sit down atop it.

To measure the price of land use the traditional value approach: Use RS means statistics on prices to calculate the fee of the belongings as though it has been new. Subtract depreciation. The result is an estimate of the fee of the modern structure. Subtract from sale fee to get land cost.

<em />

<em>Your question is incomplete. Please read below to find the missing content.</em>

The subject property has a total value of $280,000 by the sales comparison approach. A competitive neighborhood nearby has home sales with a median value of $250,000, and recent lot sales at $75,000. By allocation, what would be the value of the subject land?

$68,000

$76,000

$84,000

$92,500

Learn more about statistics here: brainly.com/question/4219149

#SPJ4

You might be interested in
Which qualifications are most helpful for Foreign Service Careers? Check all that apply.
r-ruslan [8.4K]
The foreign languages are Brazilian and
4 0
3 years ago
Read 2 more answers
Equivalent Units of Materials Cost The Rolling Department of Kraus Steel Company had 200 tons in beginning work in process inven
belka [17]

Answer:

The total equivalent units for direct materials for October is  4,200

Explanation:

The Concept of Equivalent Units measures the number of units completed in terms of input element introduced in the process.

The Equivalent Units are Calculated on the units ending that is on  the Units Completed and Units of Closing Work in Process

Note that materials are added at the beginning of the process

<u>Units Completed</u>

Are 100% complete in terms of Raw Materials

Equivalent units = 3900 × 100 % = 3900

<u>Units of Closing Work in Process</u>

Are 100% complete in terms of Raw Materials

Equivalent units = 30 × 100 % = 300

Total Equivalent Units = 3900+300 =  4,200

6 0
3 years ago
How much is a $2 dollar bill worth
seraphim [82]
A $2 bill is worth 200 pennies, 20 dimes, 4 half dollars, and  25 nickels.


Hope this helps :)
5 0
3 years ago
Read 2 more answers
According to the text, cell phones have been crucial in providing ______ to help aid global refugees. Select one: a. monetary tr
Svetach [21]

Thanks to cell phones, global refugees can be aided better due to cell phones providind c. migration statistics.

<h3>How have cell phones helped refugees?</h3>

Cell phones have allowed refugees to keep in contact with the outside world which allows their location to be tracked.

As a result of this knowledge of the statistics of their migration, aid organizations can reach these refugees better and take care of them.

Find out more on the importance of cell phones at brainly.com/question/27082130.

#SPJ1

5 0
2 years ago
FIRST PERSON TO ANSWER PROPERLY GETS BRAINLIEST!!!
TiliK225 [7]
School district administrators
4 0
3 years ago
Read 2 more answers
Other questions:
  • At the end of last year, the company's assets totaled $877,000 and its liabilities totaled $748,500. During the current year, th
    11·1 answer
  • Bob and Rob have started a food delivery business together called Grub Galore in their college town. They have not incorporated
    7·1 answer
  • Goode Inc.'s stock has a required rate of return of 11.50%, and it sells for $25.00 per share. Goode's dividend is expected to g
    14·1 answer
  • You and your friends have decided to build a skateboard ramp behind your house. You have already purchased $500 in materials and
    7·1 answer
  • If a company is given credit terms of 2/10, n/30, it should________.
    10·1 answer
  • A cell phone business, in which the franchisor manufacturer a product and licenses a dealer to sell it in an exclusive territory
    13·1 answer
  • If Sweet Catering had recorded transactions using the Accrual method, how much net income (loss) would they have recorded for th
    7·1 answer
  • Self-management is about (1) knowing who you are and what you want to accomplish in your life, and (2) making these things happe
    13·1 answer
  • Please help, &lt;3
    5·1 answer
  • A business-level strategy addresses: Group of answer choices how a business should define its mission and vision. how an organiz
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!