They paid taxes in crops in exchange for protection
Answer:
n Georgia, the midpoint of salaries reported for the position (50th percentile) is $52,344. The 75th percentile (the rate below which 75% of salary data falls) is $80,995. The 25th percentile (the rate below which 25% of the data falls) is $38,900.
In the Pre-Civil War South, most cotton planters relied on cotton factors (also known as cotton brokers) to sell their crops for them.
This factor was usually located in an urban center of commerce, such as Charleston, Mobile, New Orleans, or Savannah (harbor cities; there was not yet a network of railroads), where they could most efficiently tend to business matters for their rural clients. Prior to the American Civil War, the states of Alabama, Georgia, Louisiana, and Mississippi were producing more than half of the world's cotton, but Arkansas, Tennessee, and Texas produced large amounts also.[1] At the same time, the port of New Orleans exported the most cotton, followed by the port of Mobile.[2]
Cotton factors also frequently purchased goods for their clients, and even handled shipment of those goods to the clients, among other services.
They used whatever they could find on the field if they ran out of ammo.
Answer:
The ratio of land value to building value is used when estimating site value by the allocation method.
Explanation:
It is used for site and land valuation or appraisal. Allocation method is ideal when comparable are not given or known. When a new home is constructed on land area that has been recently bought or purchased, then Allocation method will be ideal . It is best suitable when given as percentage or proportion of the property’s total value that has been improved.
But when comparable improved sale is used , land or the building portion of the property should be determined first. For a newly built home , cost of improvements divided by the sales price of the home gives the percentage of improvements compared to purchase price of comparable.This method is not ideal for older homes.
To apply this method
- First identity a comparable site or comparable land with vacant home sales as well as vacant lot sales.
- Next, find out value of the land to total property values ratio.
- Then, apply the ratio to the property that is being appraised. This will determine the appropriate value of the land or site.
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