Answer:
The subject property should be valued at $760,000
Explanation:
Sales comparison approach to valuation in real estate values properties by comparing their similar characteristics, and the features are priced. The total value of a property is thus the addition of all features.
In the instance given, both properties have 3 bedrooms and 2 bathrooms and so using comparison theses features are equally priced at $690,000.
So the property with the golf course will have $690,000 added to the value of the golf course ($70,000).
That is $760,000.
Answer:
changes in private savings offset any changes in the government deficit
Explanation:
Ricardian equivalence means that private saving changes offset any changes in the government budget. Therefore, if the deficit increases by 30, private saving also increases by 30 but the trade deficit and the budget deficit will not change.
In case of the Ricardian equivalence, economic agents are assumed to be perfectly rational. According to them, higher taxes are required to repay the debt in case of an increase in deficit-financed government spending.
Answer:
a. True
Explanation:
TIE means times interest earned, whose formula is provided below:
Times interest earned=EBIT/interest expense
With the above formula, we can determine the EBIT (earnings before interest and tax)
Depending on the company's cost structure, when the operating costs are added to EBIT, the result would be the company's sales revenue
EBIT=Sales revenue-operating costs
Sales revenue=EBIT+operating costs
Answer:
Through the decision making process
Explanation:
The decision making process is resumed in 5 steps:
- Problem identification: evaluate de situation and define the problem and its details.
- information research: investigate possible causes and different possible actions that may guide to a solution.
- alternatives evaluation: in this point are analyzed the possiblesolutions to the problem to determine the most suitable solution.
- choose decision: select the most suitable solution and apply it as planned.
- evaluation of results: evaluate if the problem was solved and if there is any necessary improvement
