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katen-ka-za [31]
4 years ago
15

A house is being appraised using the sales comparison approach. The house has three bedrooms, two bathrooms, and a patio. The ap

praiser selects a comparable house that has three bedrooms, 3 bathrooms, and no patio. The comparable house just sold for $200,000. A bath is valued at $7,000, and a patio at $2,000. Assuming all else is equal, what is the adjusted value of the comparable
Business
1 answer:
Alisiya [41]4 years ago
6 0

Answer:

$195,000

Explanation:

Calculation for the adjusted value of the comparable

Using this formula

Adjusted value=( Sales of comparable house-Bath value +Patio cost)

Let  plug in the formula

Adjusted value=$200,000-$7,000+$2,000

Adjusted value =$195,000

Therefore the adjusted value of the comparable assuming all else is equal would be $195,000

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Barbara owns a small shop where dresses are made. At the end of a given month, she has 250 dress. Her expenses for the month are
zalisa [80]

Answer:

The correct answer is option (D).

Explanation:

According to the scenario, computation of the given data are as follows:

Rent (Fixed cost)  = $1,000

Wages (variable cost )= $6,000

Fabric and thread (variable cost)= $1,500

Electricity (Fixed cost )= $500

So, we can calculate the total variable cost by using following formula:

Total variable cost = Wages + Fabric and thread cost

= $6,000 + $1,500

= $7,500

5 0
3 years ago
When the price of candy bars decreased from $0.55 to $0.45, the quantity demanded changed from 19,000 per day to 21,000 per day.
just olya [345]

Answer:

0.5

Explanation:

A screenshot is attached to get the full solution

Since the coefficient is < 1, it is inelastic

8 0
4 years ago
During its most recent fiscal year, Dover, Inc. had total sales of $3,060,000. Contribution margin amounted to $1,430,000 and pr
Ahat [919]

Answer:

$1,135,000

Explanation:

Data provided as per the question

Contribution = $1,430,000

Income = $295,000

The calculation of fixed cost is shown below:-

Income = Contribution - Fixed cost

Fixed cost = Contribution - Income

= $1,430,000 - $295,000

= $1,135,000

Therefore, for computing fixed cost we simply deduct Income from contribution.

7 0
3 years ago
"Noise" (in the traditional communication process) refers to: A. any distractions that reduce the effectiveness of the communica
erik [133]

Answer:

A. any distractions that reduce the effectiveness of the communication process

Explanation:

Noise is the disturbance occurs between the sender and the receiver or the sender and the audience through which the distractions of the persons could occur  

With the presence of the noise, it is very difficult to communicate with someone as there is a chance of miscommunications that reflects the reduction in the effectiveness of the communication process. It can be in terms of the sound of the machine, a mental disturbance, etc

6 0
3 years ago
Ace Leasing acquires equipment and leases it to customers under long-term sales-type leases. Ace earns interest under these arra
sladkih [1.3K]

Answer:

$143,750

Explanation:

We have to first calculate the present value of the bargain purchase option:

PV = $200,000 / (1 + 6%)⁵ = $149,451.63

net lease amount = $790,000 - $149,452 = $640,548

PVIF Annuity due, 6%, 5 payments = 4.546

Annual payment = $640,548 / 4.456 = $143,750

3 0
3 years ago
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