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Zielflug [23.3K]
3 years ago
13

A comparable property sold 3 months ago for $162,000. The market shows appropriate adjustments to be: Market conditions adjustme

nt +$8,500 Location adjustment +$5,000 Quality adjustment -$10,000. What is the indicated net adjustment to the comparable property?
Business
1 answer:
lozanna [386]3 years ago
5 0

Answer:

+$3,500

Explanation:

The net adjustment is the sum of the indicated adjustments that have to be made to a comparable property to get the final adjusted price.

In this question, Net adjustment = Market conditions adjustment +Location adjustment + Quality Adjustment

Net adjustment = +$8,500 + $5,000 + (-$10,000)

Net adjustment = +$13,500 - $10,000 = +$3,500

The final adjusted price will be $165,500 ($162,000 + $3,500)

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A(n) _____corporation is considered closely held with few owners, whereas a(n) ... any investor who wants to purchase shares of
finlep [7]

A(n) <u>Private</u><u> </u> corporation is considered closely held with few owners, whereas a(n)  <u>public </u>corporation is available to any investor who wants to purchase shares of stock on the stock exchange .

A smaller corporation is referred to as ao private crporation if it only has a few shareholders and doesn't make its stock available to the general public. A public corporation, on the other hand, is permitted to sell its stock to the general public.

What distinguishes a private firm from a public corporation?

A private company is typically owned by its founders, management, or a collection of individual investors. A company that has sold all or a portion of itself to the general public through an initial public offering is referred to as a public company.

Learn more about private corporation and public corporation to visit

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8 0
1 year ago
Michael works as a sales representative for an oilfield supply business in West Texas. He sells highly technical safety equipmen
saw5 [17]

Answer:

This question is incomplete, the options are missing. The options are the following:

a) The value of the product

b) The role of social media

c) The complexity of the product

d) The number of potential customers

And the correct answer is the option C: The complexity of the product.

Explanation:

To begin with, in the area of marketing when it comes to designing and developing a strategy for the company's campaign the for "Ps" are the essentials matter to have in mind. One of them, the "P" for promotion focus on the "how" to sell the product to the target audience and that matter the expertise find varies ways to do it. The personal selling is one of them and in this case actually the most appropiate one due to the complexity of the product that is being sold. Michael is right because this strategy allows the representative, who is an expertise in the product itself, to explain every little detail of the good and how it will adjust to every situation and more. So in order to accomplish the comfort of the client, the presence of the sale's agent is necessary and helpful in this case.

4 0
3 years ago
Lowden Company has an overhead application rate of 162% and allocates overhead based on direct material cost. During the current
GrogVix [38]

Answer:

The amount of overhead Lowden Company should record in the current period is $124,740

Explanation:

Overhead application = 162%

Material cots = $77,000

Labor cost = $63,000

As allocated overhead based on direct material cost

Current period Overhead = $77,000 x 162%

Current period Overhead = $77,000 x 1.62

Current period Overhead = $124,740

So, the amount of overhead Lowden Company should record in the current period is $124,740

4 0
3 years ago
Jim is researching different sources to fund his college education. Jim is torn between a federal loan and a private loan. With
Colt1911 [192]
The right answer for the question that is being asked and shown above is that: "A. Jim should choose the federal loan since he will not have to pay interest if he attends a public university." the loan should Jim choose is that he<span> should choose the federal loan since he will not have to pay interest if he attends a public university.</span>
3 0
4 years ago
you own $750000 worth of stock, and you are worried the price may fall by year-end in 6 months. you are considering
timofeeve [1]

Answer: D. I, II, and III

Explanation:

If expecting a price deduction, you can buy Put options. These give you the right to sell an underlying stock at a certain price regardless of what the price in the market is. If you purchased this, you can sell your stock above market value if it does go down.

You can sell write call options for a fee where you give the buyer the right to buy your shares at a certain price in future. This is only valuable if prices rise so as you are expecting prices to fall, you could make a premium on the call option contract fees if prices fall without having to sell off your shares.

Hedging with puts is better than short calls if you are expecting a major stock price decline as the opportunity for profit is higher.

8 0
3 years ago
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