The statement "in the cost approach to valuation, land value can be estimated by comparing sales of vacant land that are similar to the subject land" is true.
<h3>What is valuation?</h3>
Valuation is an estimation of the price of a good or a product. When a product is manufactured, its evaluation is estimated. It is estimated by seeing the manufacturing price, labor cost, and raw material cost.
Here, the valuation of vacant land and subject land is estimated, which is similar by seeing the comparison. So the statement will be correct about the comparison.
Thus, the statement is true.
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The question is incomplete. Your most probably complete question is given below:
State whether true or false.
Answer:
$55,000
Explanation:
The operating income of any entity can be calculated using the following formula:
Operating income=Net income+ income tax expense+ finance cost- other revenues
Net income in this question=$42,000
Income taxes=$18,000
finance cost=0
Other revenues=$5000
Operating income=$42,000+$18,000+0-$5000=$55,000
The operating income of any entity can also be calculated using the following formula:
Operating income=Revenues-operating costs
=$100,000-$45,000=$55,000
Answer:
Explanation:
A product item is a specific version of a product that can be designated as a distinct offering among an organization's products. A product line is a group of closely related products offered by an organization.
The money left over the cost of making a product or providing a service
Answer:
correct option is c) with prompt notice.
Explanation:
solution
Shuster lease by Thurgood for pay certain fee so the tenant can rescind the with prompt notice because Shuster is overcharge without the any explanation its mean that Thurgood is not performing his any duty rightly
so that Shuster is entitle to the withdraw an contract
correct option is c) with prompt notice.
