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denis-greek [22]
3 years ago
11

When determining the value of a property using the Sales Comparison Approach (also known as the Market Data Approach) the apprai

ser looks for similar properties that have been sold to use in comparison. Which of the following factors is NOT important to an appraiser in selecting and analyzing comparable properties using this approach:
A. dates of sale
B. financing terms
C. appearance and condition
D. original cost
Business
1 answer:
Alex787 [66]3 years ago
5 0

Answer:

D. original cost

Explanation:

According to the details regarding this information it can be said that the factor that is not important to the appraiser would be original cost. This is because a property can have any original cost but it does not mean that people will purchase it, what matters is the price that the property actually sells for. Therefore since it does not have effect or importance on the current market value then it will not be important to the appraiser using this approach.

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When the price elasticity of demand for a good is very elastic, quantity demanded is _____ to a change in price and the demand c
meriva

Answer:

1. Responsive

2. Elastic

Explanation:

When the price elasticity of demand for a good is very elastic, quantity demanded is RESPONSIVE to a change in price and the demand curve is relatively ELASTIC.

This is because the price elasticity of demand measures the responsiveness of the quantity demanded to a change in price.

Consequently, as the quantity demanded changes, the demand curve then becomes relatively elastic, by shifting either to the right or left.

3 0
2 years ago
Alden Trucking Company is replacing part of its fleet of trucks by purchasing them under a note agreement with Kenworthy on Janu
pantera1 [17]

Answer:

The multiple choices are:

A. $1,000,000.

B. $2,790,800.

C.$3790, 800.

D.$4,000,000

The correct optio is C,$3790, 800.

Explanation:

The interest expense on the loan is usually the opening balance multiplied by the market rate interest which is 10% in this question.

In addition,we can deduct the annual repayment in order to know the closing balance of the loan.

Year   opening bal                interest expense at10% repayment   closing bal.

2019    $37,908,000      $3,790,800                $4,000,000

The closing balance is $37,908,000+  $3,790,800-$4000,000

The interest expense is 10% of the present value of $37.908,000 that is  $ 3,790,800.00  

6 0
3 years ago
Q5. You are launching the Pakistani street food cafe. Identify the marketing mix (four p’s) -
Oksi-84 [34.3K]

Answer and Explanation:

According to the given scneario, the identification of the marketing mix i.e. four p's are product, price, place and the promotion

1. Product: The product is food cafe. The main thing about the food is the taste, how it looks. The product should be attractive, full of taste.

2. Price: The price of the food for each type of product should be reasonable so that everyone could afford it. Also the price is depend upon the competitor price

3. Place: The place should be very attractful so that many customers could be come. It could be in river side or lake view. Also if the cafe provides the home delivery without any charges this things would attract most of the customers

4. Promotion: The promotion of the food cafe could be done in social sites, radios, newspaper so that the public at large could know about it

4 0
2 years ago
The previous graph you constructed should show that net exports from Japan would be negative if the price of yen increased to a
lubasha [3.4K]

Answer:

0.1 yen per dollar?  if i got it wrong sorry

Explanation:

Since 10 divided by 1000 would be 0.1 yen wait is it the other way around?

4 0
2 years ago
The callable feature of a bond protects the issuer when market interest rates are falling.
Lelechka [254]

The answer isss "true"

4 0
2 years ago
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