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nadezda [96]
3 years ago
6

You own a house that you rent for $1,400 per month. The maintenance expenses on the house average $260 per month. The house cost

$231,000 when you purchased it 4 years ago. A recent appraisal on the house valued it at $253,000. If you sell the house you will incur $20,240 in real estate fees. The annual property taxes are $3,100. You are deciding whether to sell the house or convert it for your own use as a professional office. What value should you place on this house when analyzing the option of using it as a professional office
Business
1 answer:
Anni [7]3 years ago
3 0

Answer:

$232,760

Explanation:

you must first determine the market value of your house = appraisal value - sales expenses = $253,000 - $20,240 = $232,760

the market value of the house is your opportunity cost of using the house as an office.

opportunity costs are the extra costs or benefits lost resulting from choosing one investment or activity over another alternative.

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The cost of replacing part of a cell phone videochip production line in 6 years is estimated to be $500,000. At an interest rate
RUDIKE [14]

Answer:

( c ) $27,950

Explanation:

The computation of the uniform amount that should be deposited is shown below:

= Accumulated sum of amount × (A/F, 14% ÷ 2,  2 × 6)

= $500,000 × (A/F, 7%, 12)

= $500,000 × 0.0559

= $27,950

hence, the amount that should be deposited is $27,950

Hence, the correct option is c. $27,950

We simply applied the above formula so that the correct value could come

And, the same is to be considered

3 0
3 years ago
All of these are open-system characteristics except
NARA [144]
I think the correct answer from the choices listed above is option D. All of these are open-system characteristics except circular causation. It is a<span>n action that is controlled or affected by its own status-change or result . Hope this answers the question. Have a nice day.</span>
8 0
3 years ago
Barnes' Brothers has the following data for the year ending 12/31/2015: Net income = $600; Net operating profit after taxes (NOP
qwelly [4]

Answer: $490

Explanation:

Economic value added is the estimate of the economic profit of a firm. The economic value added(EVA) is also gotten when the capital charge for the raise of the firm's capital is deducted from the net profit.

Based on the above information, the economic value added will be:

= Net profit - (Total Operating capital × Weighted average cost of capital)

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3 0
3 years ago
"which group of organizational participants has the most vague job description?"
bezimeni [28]
<span>Maintenance workers have the most vague job description out of all the positions. Every other position has a detailed list explaining all of their duties. However, the maintenance position only lists one sentence of what their duties entail.</span>
6 0
3 years ago
Please help! The marginal revenue product of the second worker is
Setler [38]

Answer:

The marginal revenue product of the second worker is $150.

Explanation:

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