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3 years ago

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Comparable sales of duplexes in a market indicate a grm of 146. if the annual income of the subject is $24,000, what is the prop

erty's estimated value?

1 answer:

WITCHER [35]3 years ago

7 0

$3,504,000

Using GRM (Gross Rental Multiplier) to calculate value, simply multiply the estimated rental income by the GRM:

$24,000*146= $3,504,000

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What is the most important reason financial information is provided by the major regulatory agencies to investors, depositors, a

sergij07 [2.7K]

Answer:

d. to make informed decisions about Banks and their financial condition.

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3 years ago

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3 years ago

Read 2 more answers

If a firm enjoys economies of scale up to a certain output level, and cost then increases proportionally with output, what can

Len [333]

Answer:

D. decreases initially and then is horizontal.

Explanation:

A horizontal long run average cost curve reflects increase in cost proportionate to output, so the firm's long run average cost curve will fall initially and then become horizontal.

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2 years ago

Suppose that Xtel currently is selling at $66 per share. You buy 500 shares using $20,000 of your own money, borrowing the remai

hram777 [196]

Answer:

The percentage loss will be "-9.08%". The further explanation is given below.

Explanation:

The given values are:

Invested amount

= 20,000

Price of purchase

= $66

Total number of shares

= 500

The borrowed amount will be:

= $(500\times 66)-20000$

= $13,000$

When the price increase to 69.63, the gain will be:

= $69.63-66$

= $3.63$ ($)

The total gain will be:

= $3.63\times 500$

= $1815$

Increase in percentage will be:

= $\frac{1815}{20,000}\times 100$

= $9.08$ %

Whereas if price stays quite well at $66, there is really no increase, so the percentage growth would be 0%.

If the price declines toward a loss of 62,37 per share:

= $62.37-66$

= $-3.63$

Now,

The total loss will be:

= $-3.63\times 500$

= $-1815$

The percentage loss will be:

= $\frac{-1815}{15,000}$

= $-9.08$ (%)

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3 years ago

Sunny corporation reported the following results for december: Description AmountNumber of units sold 800 unitsSelling price per

Llana [10]

Answer:

The gross margin for December is: 0.5%.

The Gross margin of an organisation or business measure the extent by which its income exceeds the costs it incurs in producing its goods and or services.

The gross margin is measured in percentages. The higher the percentage of this margin, the higher the effectiveness of the company's management in deriving value from every dollar invested.

Explanation:

To arrive at Gross Margin, one is required to subtract the total cost of goods sold from total revenue for the period and dividing that number by revenue. That is:

Gross Margin (GM) = $\frac{Revenue-Cost of Goods Sold}{Revenue}$

Step I - Calculate Revenue

This is given as the total amount of goods sold which is:

800 x $500 = $400,000

Step II - Calculate Cost of Goods Sold

Cost of goods sold per unit is given as

$250 per unit.

Total Cost of Goods sold therefore is

800 x $250 = $200,000

Step III - Calculate Gross Margin

= $\frac{400,000-200,000}{400,000}$

= $\frac{200,000}{400,000}$

= $\frac{1}{2}$ or 0.5%

Cheers!

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3 years ago