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Natalka [10]
2 years ago
11

Six acres of prime undeveloped property are sold for $2.25 per square foot. how much did the buyer pay?

Business
1 answer:
muminat2 years ago
7 0

Six acres of prime undeveloped property are sold for $2.25 per square foot. The buyer should pay $588060

It is calculated as:

1 acre= 43560 sq ft.

Therefore 6 acre = 43560*6 = 261360 sq ft.

Property is sold for  $2.25 per sq. ft

Therefore the price is calculated by multiplying the rate of per sq ft with the total sq ft area.

= 261360* $2.25

=$588060

To know more about underdeveloped property here:

brainly.com/question/17584053

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In 2015, the city of Berkeley instituted a tax on sugar-sweetened sodas. Suppose that the tax increased the price of a typical s
DedPeter [7]

Answer:

(g) Between 0 and -S7.5k because residents can substitute to other products

Explanation:

Data given in the question

Increase in price of typical soda = 10 cents

Total consumed = 150,000 sodas [er day

Dropped quantity = 75,000 sodas

So by considering the above information, the per day compensating variation of the tax varies from 0 and - 7,500

Since the sugar sweetened sodas is treated as a normal goods. Moreover, people can substitute the other goods also if there is an increase in a price of the good

The -7,500 is come from = (-75,000 × 0.10)

The options are as follows

(a) Greater than -$15k because soda is a luxury good with income (b) -$15k because that is the old consumption level times the value of the tax (c) Between -S7.5k and -$15k because soda is a luxury good elasticity > 1 with income elasticity >1 (d) Between -$7.5k arti -$15k because residents can substitute to other products (e) -$7.5k because that is the new consumption level times the value of the tax ()-$7.5k because that is the change in consumption times the value of the tax (g) Between 0 and -S7.5k because residents can substitute to other products (h) Between 0 and -$7.5k because because beverages are typically necessity goods with 6) Nothing because there was no effect on income G) It is impossible to say without knowing consumers' marginal rate of substitution income elasticity less than 1

8 0
4 years ago
Fannie mae says lenders need to use appraisers who have ___________________ appraising manufactured homes.
Marysya12 [62]

Fannie mae says lenders need to use appraisers who have knowledge, experience, and data sources for appraising manufactured homes.

The term appraiser refers to that professional person who determines the market value of an asset generally in the real estate industry.

An appraiser should always act independently of the buying and selling parties in a transaction. The opinion given by them  about the real and fair value of an appraised asset must be unbiased in nature. It must be valued by using observations as well as relevant statistics or  facts, and the other information.

Depending upon the circumstances, the appraisers always presents their findings in a written as well as verbal appraisal.

To know more about the appraiser here:

brainly.com/question/14473044

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6 0
1 year ago
Suppose your company needs $16 million to build a new assembly line. Your target debt−equity ratio is .7. The flotation cost for
kumpel [21]

Answer:

7.76%

Explanation:

The computation of the weighted average flotation cost is shown below:

= Weightage of equity × flotation cost for new equity +  Weightage of debt × flotation cost for debt

Since the debt-equity ratio is 0.7 which means the debt value is 7 and the equity value is 10 so the total firm would be 1.70

So, Weighted of debt = (0.7 ÷ 1.70) =0.411

And, the weighted of common stock = (Common stock ÷ total firm)

                                                              = (1) ÷ (1.70)

                                                              = 0.588    

Now put these values to the above formula  

So, the value would equal to

= (0.588 × 9%) + (0.411 × 6%)

= 0.05292% + 0.02466%

= 7.76%

4 0
3 years ago
Internal recruitment may be practiced in companies today. TRUE OR FALSE​
alexandr1967 [171]
True!.................
6 0
3 years ago
Which eoc configuration allows personnel to function in the eoc?.
jenyasd209 [6]

Answer: The Departmental Structure allows personnel to function in the EOC with minimal preparation or startup time. Log in for more information. This answer has been confirmed as correct and helpful.

Explanation:

4 0
2 years ago
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