1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
garik1379 [7]
2 years ago
15

Each parcel of land in a new development is selling for $15,000 and the total project revenue is estimated to be $5,000,000. The

project lender has stated that the loan should be paid off when 80% of the total project revenue has been earned. The total loan amount is $3,500,000. What is the release price for each parcel?
Business
1 answer:
USPshnik [31]2 years ago
5 0

Answer:

The release price for each parcel is $13,215.

Explanation:

Release price for each parcel = [3500000/(5000000*80%)]*15000

                                                  = $13,215

Therefore, The release price for each parcel is $13,215.

You might be interested in
Roles that are concerned specifically with the activities that need to be carried out for the group to accomplish its goals are
LekaFEV [45]
The answer is that it referred to "task roles".

Task roles allude to the activities of people that assistance move the venture, choice, assignment along and related or concerned about the achievements of the gathering objectives.The parts and duties of the leader or facilitator and the individual individuals working inside the gathering or group are inspected. The word 'role' alludes to how a man will act and what work they will perform inside the gathering all in all. 
5 0
3 years ago
In your own opinion, why do you think it is important to establish a daily job search routine?
Alenkinab [10]

The answer is: because every day there is more opportunities opening up

You will never know where a company will post a job opportunities that provide better conditions or salaries compared to the job that you currently had. Because of this, you need to keep expanding your networks and setting up routine job search schedule.

5 0
3 years ago
Read 2 more answers
The video mentions how firms compete on price point, store design, and the product itself. These are all elements of a firmâs:__
vladimir2022 [97]

Answer:

Marketing mix

Explanation:

The marketing mix is a combination of product, price, place, and promotion. The marketing mix is also called 4Ps. These factors determine the marketing strategy through which they get to know their position in the market.  

The price is the value which is given to the customers

The product is the item which is to be shown to the customers

The place is the location in which the product is sold to the customers

And the last is a promotion in which the product is communicated to the end numbers of people either by word of mouth, by adverting, etc

                                   

8 0
3 years ago
Renaldo Cross Company views share buybacks as treasury stock. Renaldo repurchased shares and then later sold the shares at more
allsm [11]

Answer: a) Option A

Explanation:

There will be no effect on retained earnings because retained earnings do not increase as a result of shares being sold. It increases when net income increases.

Total paid-in capital increases when stock is sold for higher than its par value or when treasury stock is sold for higher than its acquisition price. The treasury stock here was sold for higher than it was bought so this would increase the total paid in capital.

5 0
3 years ago
Elaina and Allen just purchased a home using a deed of trust. Which of the following is most likely true about their home loan
kozerog [31]

Elaina and Allen just purchased a home using a deed of trust: A trustee will keep the title in its most basic form until the debt is paid off. This is further explained below.

<h3>What is a deed of trust?</h3>

Generally, From the perspective of the lender, a deed of trust offers a significant advantage over a mortgage in a number of important respects. In the event that the borrower fails to make their required payments on the loan, the trustee has the authority to use their right to foreclose on the property on behalf of the beneficiary.

In conclusion, A deed of trust was used in the recent purchase of a property by Elaina and Allen. Until the mortgage debt is completely paid off, a trustee will retain the title in its simplest form.

Read more about the deed of trust

brainly.com/question/8920219

#SPJ1

3 0
1 year ago
Other questions:
  • The demand for loanable funds will increase if (2 points)
    7·1 answer
  • Sarah just received an invoice for $12,000 with terms of 2/10, n/30. The invoice date was June. Her contract with the vendor ind
    10·1 answer
  • McGregor allows customers to pay with credit cards. the credit card company charges 3% of the sale. when a customer uses a credi
    12·1 answer
  • It costs Oriole Company $26 per unit ($18 variable and $8 fixed) to produce its product, which normally sells for $38 per unit.
    10·1 answer
  • The method used to share an idea with an audience is called what? 6 points
    11·1 answer
  • Camille transfers property with a tax basis of $800 and a fair market value of $1,200 to a corporation in exchange for stock wit
    5·1 answer
  • Younie Corporation has two divisions: the South Division and the West Division. The corporation's net operating income is $92,30
    12·2 answers
  • A company hired you as a consultant to help them estimate its cost of capital. You have been provided with the following data: D
    14·1 answer
  • A wholesale distributor of cleaning products is thinking about buying 200 more cases of a floor cleaning compound than she norma
    12·1 answer
  • When a solution is specifically designed for a particular problem or set of problems, it is
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!