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3 years ago

When developing an opinion of site value in an appraisal, which method does USPAP require an appraiser to employ?

Business

1 answer:

Nuetrik [128]3 years ago

6 0

Answer:

The most reliable procedure for arriving at a land value estimate is sales comparison. Sales of similar vacant parcels are analyzed, compared and related to the land being appraised, if sufficient sales are not available for comparison or the value opinion indicated by sales comparison needs substantiation, the appraiser may use another procedure such as extraction, allocation, the land residual technique, ground rent capitalization, or subdivision development analysis

Explanation:

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Selected condensed data taken from a recent balance sheet of Heidebrecht Inc. are as follows. HEIDEBRECHT INC. Balance Sheet (pa

Anuta_ua [19.1K]

Answer:

Explanation:

Working Capital:

Working Capital represents the capital available to an organisation to run its day to day expenses.

Formula= Current Assets-Current Liabilities

Total Current Assets= $45,210,000

Total Current Liabilities= $40,020,000

Working Capital= 45,210,000-40,020,000= $‭5,190,000‬

Current Ratio

This measures an organisation's ability to meet its financial obligations due within a year

Formula= Current Assets÷ Current Liablities

= 45,210,000÷40,020,000

= 1:13

Acid-test Ratio

The acid-test ratio is also known as the Quick Ratio. It represents a company's measure of liquidity and it indicates the company's ability to cover its short-term liabilities through its short-term Liquid (easily converted to cash) Assets.

Formula: (Current Asset-Inventory-Other Current Assets)÷ Current Liabilities

Current Asset- Inventory= 45,210,000-14,570,000-5,430,000= ‭25,210,000‬‬

Acid-test Ratio= ‭25,210,000‬÷ 40,020,000=0.63

Note: Other Current Assets were also deducted because we cannot easily decide whether they can be quickly or easily converted to cash or not.

7 0

3 years ago

If the multiplier is 4 and there are no taxes, and government spending increases by $100 billion, real gdp will:

pickupchik [31]

If the multiplier is 4 and there are no taxes, and government spending increases by $100 billion, real gap will increase by $400 billion.

To solve:
Take the multiplier and multiply it by the $100 billion.
($100 billion)(4) = $400 billion

6 0

3 years ago

Aaron prefers to fly with Qantas rather than Alaska Airlines because of their better safety record. He prefers Jet Blue to Qanta

Softa [21]

Answer:

True

Explanation:

Five Rules of Actional Thought is often referred to as Five Axiom of Decision Making. It includes the following:

1. Probability

2. Order

3. Equivalence

4. Substitution

5. Choice.

The Order Rule declared that one must be ready to have a decision order without any cycles. This can be expressed as follows: If an individual prefers A to B and B to C, he or she must prefer A to C.

Therefore, in this situation: Aaron prefers Qantas to Alaska, and Jet Blues to Qantas. However, since he would rather fly Alaska than Jet Blue because they have a better customer satisfaction rating, shows CYCLE in his decision order.

Hence, in this case, it is TRUE that this preference ranking violates the order rule of the Five Rules of Actional Thought.

5 0

3 years ago

if you save $15 a week for the next two years instead of buying music, how much money would you accumulate ignoring interest?

Ugo [173]

You could either

1. multiply $15x104 (number of weeks in 2 years) $15x104= $1560 or

2. you can figure out how much you would save in a month ($15x4weeks=$60) and then multiply it by 24 (number of months in 2 years)
($15x4)x24= $1440

I think the first one is your best bet because sometimes there are 5 weeks instead of 4 weeks in a month and we only did the math as if there were only 4 weeks in every month.

6 0

3 years ago

A bond has a market price that exceeds its face value. Which of the following features currently apply to this bond?

Setler79 [48]

Answer: II. premium price

A bond which has a market price higher than its face value is said to be trading on a premium price. Which means that people are willing to pay more to buy the bond.

IV. yield-to-maturity that is less than the coupon rate

This is also correct because a bond sells higher than its face value when the yield to maturity also known as the bonds internal rate of return is lower than the coupon rate, which means that the bond is paying higher coupons than it needs to attract investors, and because of this investors are willing to pay a premium on it.

Explanation:

8 0

3 years ago