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3 years ago

In order to compare the real estate markets in pittsburgh and philadelphia, what are the things that you should consider?

Business

1 answer:

lions [1.4K]3 years ago

8 0

Answer:

When comparing the real estate market of any region or state, there are factors for consideration:

a) Population size

b) Employment status

c) Real estate market

d) Renting strength

e) Price

f) Quality in terms of home structure and a serene environment.

Explanation:

In the question, there are two American cities up for comparison: The city of Pittsburgh and the Philadelphia city, both in the Pennsylvania region. Both cities have comfortable environments which are habitable but here, we have to choose or rather compare both. The first factor is the population size. The two cities which are in the same region, have a considerable population size but when compared, Philadelphia has the upper hand. In real estate business, population is key as a region which a better and fuller population is appreciated more. The second factor is the employment status of the inhabitants. The employment status of these two cities are commendable but Pittsburgh is quite flabbergasting. The employment rate of Pittsburgh to Philadelphia is up to 57%. Employment status is a key determinant when real estate market is mentioned because employed persons are the ones who can actually pay when due. The third factor is the real estate market. This is another factor which is very important in determining the cities' real estate market. Over the years, Philadelphia has shown positive signs of a healthy real estate market which nicks that of Pittsburgh. Other factors listed above have clearly been favourable to Philadelphia because of their location but in terms of price, Pittsburgh appears cheaper with an average price of $1258 compared to Philadelphia's $1,652.

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At the beginning of the year, ACME had an inventory of $600,000. During the year, the company purchased goods costing $2,250,000

babunello [35]

Answer:

COGS (cost of goods sold) = $2,100,000

Gross Profit rate = 0.3

Explanation:

The formula for computing COGS (cost of goods sold) is as

COGS (cost of goods sold) = Beginning inventory + Purchases - Ending inventory

where

Beginning inventory amounts to $600,000

Purchases made during the period is $2,250,000

Ending inventory is $750,000

So, putting the values above:

COGS (cost of goods sold) = $600,000 + $2,250,000 - $750,000

COGS (cost of goods sold) = $2,850,000 - $750,000

COGS (cost of goods sold) = $2,100,000

The formula for computing Gross Profit rate is as:

Gross Profit rate = Gross Profit / Net Sales

where

Gross Profit is computed as:

Gross Profit = Net Sales - COGS

= $3,000,000 - $2,100,000

Gross Profit = $900,000

Net Sales is $3,000,000

So, putting the values above:

Gross Profit rate = $900,000 / $3,000,000

Gross Profit rate = 0.3

4 0

3 years ago

Homebound, a home decor company, annually donates blankets to various nonprofit organizations. These nonprofit organizations dis

Lady bird [3.3K]

Answer: Company philanthropy

Explanation:

According to the given question, the company philanthropy is one of the concept that helps in promoting the corporate business for the welfare for generating the charitable donation in the non-profit organization.

The home-bound is one of the type of home decor firm that annually denoting the blankets to the various types of charitable trust or organization and this gesture is basically refers to the company philanthropy.

The philanthropy companies basically donating the various types of asset to the non-profit organizations for providing the services for helping the poor people.

Therefore, Company philanthropy is the correct answer.

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SWOT analysis provides managers with an uncritical view of the organization's internal and external environments and helps them

Allushta [10]

True is the answer to the question I just had it

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Selected financial data for Spark Enterprises follows for a production level of 120,000 units: (4 points) Total fixed costs $300

Marta_Voda [28]

Answer:

Instructions are below.

Explanation:

Giving the following information:

Total fixed costs= 300,000

Total costs= $450,000

Units= 120,000

A) Unitary variable cost= 150,000/120,000= $1.25

B) Units= 75,000

The fixed costs remain constant no matter how many units are made (between relevant ranges).

Total fixed costs= $300,000

C) UNits= 160,000

Total variable costs= 1.25*160,000= $200,000

D) Units= 180,000

Total fixed costs= 300,000

Total variable costs= 1.25*180,0000= 225,000

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Kay [80]

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3 years ago