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Deffense [45]
1 year ago
13

anita is assigned to appraise a house in an area with very few sales over the past year. one of the comparable properties she ch

ooses is a home similar to the subject property. the house recently sold as a foreclosure property. when writing her appraisal report, what action will anita take as a result of the foreclosed sale?
Business
1 answer:
Vaselesa [24]1 year ago
3 0

The action that Anita would have to take for the result of the foreclosed sale would be to Make a positive adjustment to the sales price of the foreclosed home.

<h3>What is a house appraisal?</h3>

This is the term that is used to refer to the unbiased opinion that Anita is going to have about this house. It is based on her professional opinion. The appraisal is required when there is a need to buy a property or to sell one.

In this question the action that has to be taken would be to Make a positive adjustment to the sales price of the foreclosed home.

Read more on appraisals here:

brainly.com/question/7595736

#SPJ1

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2 years ago
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Krazy Kayaks sells its entryminuslevel kayaks for​ $750 each. Its variable cost is​ $500 per kayak. Fixed costs are​ $25,000 per
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Answer:

Net operating income= 565,000

Explanation:

Giving the following information:

Krazy Kayaks sells its entry-level kayaks for​ $750 each. Its variable cost is​ $500 per kayak. Fixed costs are​ $25,000 per month for volumes up to​ 1,100 kayaks. Above​ 1,100 kayaks, monthly fixed costs are​ $60,000.

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7 0
3 years ago
If sixty $1,000 convertible bonds with a carrying value of $70,000 are converted into 9,000 shares of $5 par value common stock,
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Answer:

Explanation:

The journal entry is shown below:

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Premium on bonds payable A/c Dr $10,000

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