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2 years ago

A+house+sold+for+$120,000,+which+was+96%+of+the+list+price.+what+did+the+house+list+for?

Business

1 answer:

svp [43]2 years ago

5 0

House listed for 4% So, The correct answer is 4% which is 4800

A strong, SEO-focused website that enables you to integrate IDX listings and funnel those leads directly into your CRM may need some initial investment, but it is an essential component of any successful real estate business.

Step-by-step explanation:

120,000 - 115200 = 4800

4800/120,000 = 0.04

0.04 * 100 = 4 percent

What is a listing on a house?

A contract that certifies a real estate agent's or broker's authority to manage the purchase or sale of real property and to be paid a fee or commission for their services. Real estate listings come in a variety of forms.

To learn more about Listing

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On December 31, 20X5, Paris Corporation acquired 60 percent of Sanlo Company's common stock for $180,000. At that date, the fair

Anit [1.1K]

Answer:

1. b. $15,000

2. a. $13,200

Explanation:

a. Fair Value of Consideration $180,000

Non Controlling Interest $120,000

Differential in value of Sanlo $45,000

Good will = $15,000

b. Value of Equipment = $10,000 / 5 = $2,000

$2,000 * 60% = $1,200

Value of land = $15,000 * 60% = $9,000

Value of Sanlo's Inventory = $5,000 * 60% = $3,000

Total value amortize using equity method is $13,200

7 0

3 years ago

What rights and responsibilities are there when a person who has signed an agreement to use credit

Veseljchak [2.6K]

They pretty much agree to get something say like money for free but then they eventually have to pay it back.

3 0

3 years ago

3) When there are more substitutes for a product, the ________ for the product is ________. A) demand; less price elastic

balu736 [363]

Answer:

Explanation:

When there are more substitutes for a product, the demand for the product is more price elastic. The implication of this is that the demand of such product will drop when there is increase in it price because people can get another product which will play the same role with the previous at a lesser price. Hence, the demand for the product vis more price elastic.

6 0

3 years ago

25pts

lina2011 [118]

<em>Trained manager </em>would be the answer

3 0

3 years ago

Read 2 more answers

Kathleen Dancewear Co. has bought some new machinery at a cost of $1,250,000. The impact of the new machinery will be felt in th

fiasKO [112]

Answer: The discounted payback period for this project is 4.3 years. If Kathleen Danceware Co. accepts projects that have a discounted payback period of three years, the company will not accept the project.

We calculate the Discounted Value of the cash flows for each year with the following formula

$\mathbf{PV_{n} = \frac{FV}{(1+r)^n}}$

where

FV represents the cash flows in each of the years from year 1 to year 5

r is the firm's cost of capital at 10%

n starts from 1 for the first year ans increases sequentially until year 5

For eg, the PV of cash flows in year 3 will be

$\mathbf{PV_{3} = \frac{375,000}{(1.1)^3}} = 2,81,743.05$

The following table gives us the Discounted cash flows and cumulative discounted cash flows. The cumulative discounted cash flows column help us determining the payback period.

Total Investment $1250000

Year Cash Flow Discounted Cash Flow at 10% Cumulative Cash Flows

1 375000 3,40,909.09 3,40,909.09

2 375000 3,09,917.36 6,50,826.45

3 375000 2,81,743.05 9,32,569.50

4 375000 2,56,130.05 11,88,699.54

5 375000 2,32,845.50 14,21,545.04

We calculate Cumulative Cash flows by adding the previous year's or years' total discounted cash flows to current year's cash flows.

For e.g. $Cumulative Cash Flows_{2} = Cash flow _{1} + Cash Flow_{2}}$