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IrinaK [193]
3 years ago
15

A property is being appraised using the gross rent multiplier. A comparable property that rents for $150 per month recently sold

for $24,000. If the property being appraised will rent for $165 per month, the sales price would be
Business
1 answer:
Helga [31]3 years ago
3 0

Answer:

The sales price of the appraised property is $26,400

Explanation:

The sales price of of the appraised property can be expressed as;

SA=(A/C)×SC

where;

SA=selling price of the appraised property

A=appraised rent per month

C=comparable rent per month

SC=selling price of the comparable property

In our case;

SA=unknown

A=$165 per month

C=$150 per month

SC=$24,000

replacing;

SA=(165/150)×24,000=$26,400

The sales price of the appraised property is $26,400

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Dufner Co. issued 15-year bonds one year ago at a coupon rate of 7.1 percent. The bonds make semi-annual payments. If the YTM on
saveliy_v [14]

Answer:

Total $1,173.2544

Explanation:

The price of the bond will be equivalent to the coupon payment and maturity discounted at the YTM

<em><u>Coupon payment PV will be an annuity:</u></em>

C \times \frac{1-(1+r)^{-time} }{rate} = PV\\

C 35.50 (1,000 x 7.1% / 2 )

time 30 (15 years x 2 payment per year)

rate 0.027 (YTM /2 )

35.5 \times \frac{1-(1+0.027)^{-30} }{0.027} = PV\\

PV $723.5919

<em><u> The maturity will be the present value of a lump sum</u></em>

\frac{Maturity}{(1 + rate)^{time} } = PV  

Maturity   1,000.00

time   30.00

rate  0.027

\frac{1000}{(1 + 0.027)^{30} } = PV  

PV   449.66

We add bot h to gett the market value

PV c $723.5919

PV m  $449.6625

Total $1,173.2544

3 0
3 years ago
Consider a process restringing tennis rackets. The process starts with a unit cost of $10 for the first unit—that is, c(1) = 10—
geniusboy [140]

Answer:

The correct answer is $5.83.

Explanation:

According to the scenario, the given data are as follows:

Cost for 1st unit (C1) = $10

Learning rate (LR) = 0.9

So, we can find the unit cost for 35th unit by using logarithmic approach as follows:

C_{N} = C_{1} N^{b}

Where, C_{N} = C is for cost and N is for number of unit

C_{1} = Cost of 1st unit

N^{b} = N is for number of unit and b is for slope of learning curve.

So, b = (Log of the learning rate) / (Log 2)

So, by putting the value, we get

C_{35} = $10 × 35^{\frac{Log 0.9}{log 2} }

= $10 × 0.583

= $5.83

Hence, the unit cost for the 35th unit will be $5.83.

4 0
3 years ago
Pelicans Ice is a snow cone stand near the local park. To plan for the​ future, Pelicans Ice wants to determine its cost behavio
zlopas [31]

Answer:

Fixed costs= $2,600

Explanation:

Giving the following information:

January ​6,400 ​$5,980

February ​7,000 ​$6,400

March ​4,000 ​$5,000

April ​6,900 ​$6,330

May ​9,000 ​$8,000

June ​7,250 ​$6,575

<u>To calculate the fixed costs under the high-low method, we need to use the following formulas:</u>

Variable cost per unit= (Highest activity cost - Lowest activity cost)/ (Highest activity units - Lowest activity units)

Variable cost per unit= (8,000 - 5,000) / (9,000 - 4,000)

Variable cost per unit= $0.6 per unit

Fixed costs= Highest activity cost - (Variable cost per unit * HAU)

Fixed costs= 8,000 - (0.6*9,000)

Fixed costs= $2,600

Fixed costs= LAC - (Variable cost per unit* LAU)

Fixed costs= 5,000 - (0.6*4,000)

Fixed costs= $2,600

4 0
3 years ago
A company purchased inventory on January 1, 20X2, for $600,000, and uses the FIFO method. On December 31, 20X2, the inventory ha
bagirrra123 [75]

Answer:

See below

Explanation:

It is to be noted that under IFR, inventories are carried at a lower of cost or net realizable value, which is $550,000 in this scenario.

Also, under the United states GAAP, inventories are carried at a lower of cost or market . Here, the replacement cost of $525,000 would be used because it is below NRV and its equal to the difference between NRV and normal profit margin.

7 0
3 years ago
Carla is not wealthy but attends a school in the wealthy part of her city. She works at a grocery store after school. Other girl
erica [24]

Form

Explanation:

form because it talks how she needs designer clothes to fit in in its form.handles her clothing

5 0
4 years ago
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