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coldgirl [10]
1 year ago
13

Andy just purchased a 2.5 acre vacant lot of land for $500,000. What was the price per square yard?

Business
1 answer:
julsineya [31]1 year ago
7 0

Andy just purchased a 2.5 acre vacant lot of land for $500,000. $41.32 per sq. yd price per square yard.

$500,000 ÷ 12,100 sq. yds. = $41.32 per sq. yd

What is square yard?

  • The length times the width, expressed in feet, must be multiplied by 9, and the result is the square yard (SQYDS). A square yard measures 9 square feet.
  • One billion is referred to as "yard" in finance. The word is derived from "milliard," which is comparable to the number one billion in American English and is used in various European languages.
  • Add the area to the conversion factor to convert a square yard measurement to a square foot measurement. The square yards multiplied by nine gives the area in square feet.
  • Add the length to the conversion factor to convert a yard measurement to a meter measurement. The yards times 0.9144 converts to the length in meters.

To learn more about square yard visit:

brainly.com/question/13434616

#SPJ4

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3 years ago
Aber Inc. plans to develop a shopping center. In the first quarter, they spent the following amounts: Acquisition of land $15000
chubhunter [2.5K]

Answer: $15,800

Explanation:

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Cost of land = Acquisition cost + Surveys and legal fees + Land clearing to get it ready for use

= 15,000 + 600 + 200

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5 0
2 years ago
the 2-year discount factor is 0.92. what is the present value of $1 to be received in year 2? note: do not round intermediate ca
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The 2-year discount factor is 0.92. The present value of $1 to be received in year 2 is $ 0.92.

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Amount receivable is $ 1.00

2 year discount factor is 0.92

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The process of raising money or capital for any form of spending is referred to as finance. It involves directing different sources of funding, such as credit, loans, and investment money, to the businesses that can use them most effectively.

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6 0
1 year ago
The cases filed with HR at The Cross Company are concerning in that most of the classes that are protected by the CRA may have b
grin007 [14]

Answer: Political Preference

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3 0
3 years ago
The lower the user's switching costs:
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Answer:

more intense the competitive pressures posed by substitute products.

Explanation:

The lower the user's switching costs: the more intense the competitive pressures posed by substitute products.

Switching costs can be defined as the cost of a consumer switching from a product to a substitute good.

Therefore when such switching costs are low, it will be easier to switch from one product to another, implying that the competitive pressure from substitute goods are higher.

8 0
3 years ago
Read 2 more answers
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