All categories

3 years ago

When performing a cma, what unit of comparison is used?

1 answer:

7 0

CMA stands for comparative market analysis. This tool is used by real-estate agents. In order to define the price and value <span> of a property the agents search recently sold properties that are similar to the subject property and in the same geographical area. So, when performing a CMA, as a unit of comparison real estate are used.</span>

You might be interested in

Louisiana Specialty Foods can produce its famous meat pies in its factory at a production rate of 1650 cases each per day. The f

Paul [167]

Answer:

economic production quantity= 2024.6 units

Explanation:

<em>The optimal production run is the economic batch units that minimizes the balance of set-up cost and holding cost. It can be determined by adjusting the economic order quantity (EOQ) model for gradual replenishment , </em>

EBQ = √(2× Co× D)/Ch(1-D/R)

EBQ- Economic /optimal production run

Co- set-up cost per run

Ch- holding cost per unit per annum

D- Annual Supply- 9800× 280

Production rate per day-5000

Optimal production run

= √(2× 320× 265×250)/11.50×(1-250×250/1650 ×250)

= 2024.6 units

4 0

4 years ago

Assume you're using a three button mouse to access a short cut, you would

LenKa [72]

I believe its the right sided button.

The middle button would be to scroll and the left would be to select something.

5 0

3 years ago

Which short-term financial managers are involved with selling on credit and are directly responsible to the vice president of fi

gregori [183]

Answer:

The credit manager, and the Controller

Explanation:

The credit manager is responsible for maintaining the credit policy, in order to fulfil this target they are responsible to look at the sales and ensure the credit sales are in the sales limit.

Further that the company do not have the bad debts, it shall verify each customer properly that they have enough funds, and ensure their credibility.

Controller is responsible for maintaining the financial records of accounts, and reporting the transactions to managers.

Accordingly, Credit manager along with controller are directly responsible to the vice president of finance.

5 0

3 years ago

Roberts Corp. reports pretax accounting income of $208,000, but due to a single temporary difference, taxable income is only $15

goblinko [34]

Answer:

The answer is given below;

Explanation:

Temporary Difference $208,000-$154,000=$54,000

Taxable Temporary Difference=$54,000*25%=$13,500

Current Tax Expense =154,000*25%=$38,500

Please note that taxable temporary difference result in deferred tax expense and corresponding effect in deferred tax liability.

Deferred Tax Expense Dr.$13,500

Current Tax Expense Dr.$38,500

Deferred Tax liability Cr.$13,500

Current Tax Liability Cr.$38,500

6 0

4 years ago

The following units of an inventory item were available for sale during the year:Beginning inventory 10 units at $55First purcha

marysya [2.9K]

Answer:

$1263

Explanation:

Given: Beginning inventory 10 units at $55

First purchase 25 units at $60

Second purchase 30 units at $65

Third purchase 15 units at $70.

First, finding Total cost of available inventory to know weighted average cost.

Total cost= $Units\ available \times cost\ per\ unit$

∴ Beginning inventory= $10\ units\times \$ 55= \$ 550$

First purchase= $25\ units\times \$ 60= \$ 1500$

Second purchase= $30\ units\times \$ 65= \$ 1950$

Third purchase = $15\ units\times \$ 70= \$ 1050$ .

Total units available for sale= $10+25+30+15= 80\ units$

Total cost of available inventory= $\$550+\$ 1500+ \$ 1950+\$ 1050= \$ 5050$

Now, finding Weighted average cost.

Weighted average cost= $\frac{Total\ cost\ of\ available\ inventory}{Total\ units}$

Weighted average cost= $\frac{\$ 5050}{80\ units} = \$ 63.125.$

∴ Weighted average cost= $ 63.125.

As given, 60 units sold during the year, which mean 20 units is still remaining out of total 80 units.

The value of ending inventory= $units\ remaining\times Weighted \ average\ cost$

∴ The value of ending inventory= $20\ units \times \$ 63.125= \$ 1262.5 \approx \$ 1263$

∴ The value of ending inventory using average cost is $1263

7 0

4 years ago