The correct answer is B because there are websites that list businesses for sale along with contact information for dealing.
Answer:
$322,990
Explanation:
The reconciled estimated market value of the subject property will be calculated as follows:
($329,500 X 0.45) + ($320,900 X 0.35) + ($312,000 X 0.2) = $322,990
Answer:
The statement that “Government inputs, especially the 1825 Erie Canal and subsequent projects like the Chesapeake and Ohio Canal, created an economic advantage for the Northern states because the expense and time of moving freight dropped radically,” is True.
Explanation:
This is on the grounds that tax collection doesn't devastate the economy. Actually, they give income to the administration through which the legislature can back its improvement and government assistance ventures. In addition, burdens additionally fill in as an arrangement of salary re-conveyance for accomplishing higher fairness in an economy. What's more, in antiquated occasions refrigeration was finished utilizing ice-houses and so on.
Answer:
Trial Balance
<u>Debit</u> <u>Credit</u>
Land 53000
Accounts Receivable 5400
Cash 3200
Prepaid Rent 6700
Accounts Payable 3600
Deferred revenue 1950
Common Stock 33000
Retained earnings 21250
Service Revenue 24700
Salaries expense 7500
Supplies expense <u> 8700 </u> <u> </u>
Totals 84500 84500
Explanation:
The trial balance has been made in the answer section.
Answer:
(a) $61.11
(b) $54.44
Explanation:
1)
Value of Stock = Benchmark price-sales ratio × Stock's sales
= 5.5 × 1,500,000
= $8,250,000
Thus,
Price of stock = Value of Stock ÷ shares outstanding
= 8,250,000 ÷ 135,000
= $61.11
Thus, I would pay $61.11 for the stock.
2)
Value of Stock = Benchmark price-sales ratio × Stock's sales
= 4.9 × 1,500,000
= $7,350,000
Thus,
Price of stock = Value of Stock ÷ shares outstanding
= $7,350,000 ÷ 135,000
= $54.44
Thus, I would pay $54.44 for the stock.