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
Sedbober [7]
3 years ago
9

Vincent is tasked with deriving the value for a large, custom home that was constructed nine months ago on a secluded 10-acre lo

t. Which approach could be considered the most reliable for valuation?
a. cost approach
b. income approach
c. sales comparison approach
d. All are equally reliable.
Business
1 answer:
Butoxors [25]3 years ago
5 0

Answer: Cost Approach

Explanation:

The best method Vincent should use for valuation is the cost approach.

The cost approach is a method of worth estimation that considers the cost of building an already existing structure: checking the value of the land used for building, the cost of construction and subtracting the devaluation overtime.

You might be interested in
Dermody Snow Removal's cost formula for its vehicle operating cost is $2,980 per month plus $328 per snow-day. For the month of
mina [271]

Answer: $950 Unfavorable

Explanation:

Following the information given in the question, the budgeted operating cost will be calculated as the addition of the fixed cost and the variable cost given and this will be:

= $2,980 + ($328 × Level of activity)

= $2980 + ($328 × 20)

= $2980 + $6560

= $9540

Since the actual operating cost is $10,490, then the Spending Variance for the vehicle operating cost will be:

= Flexible Budget - Actual Budget

= $9,540 - $10490

= $950 Unfavorable

7 0
3 years ago
Unavoidable fixed costs are __________.
allsm [11]

Answer:

Irrelevant to the decision of whether to discontinue a product line because they will not differ between alternatives.

Explanation:

Unavoidable fixed costs can be defined as the costs that is sustained by an organization irrespective of if an activity is carried out or not.

Unavoidable costs are the costs that are encountered by a lot of businesses, this cost cannot be prevented even though production activities in the company are suspended in the short-run. These fixed costs are unavoidable and uncontrollable.

Unavoidable fixed costs is as a result of the various risks incurred by an organization inorder to stay relevant in the market. Example of unavoidable costs include tax payment, rental payments.

4 0
4 years ago
In which of the following situations could a research analyst use multiple regression? A real estate development company wants t
rjkz [21]

Answer:

A). A real estate development company wants to estimate the probable sales of construction services on the basis of marriage rates, population movement in the region, and interest rates on construction loans.

Explanation:

Multiple regression is elucidated as the statistical technique employed to determine the association between two or more dependent or response and independent/explanatory variables.

As per the question, the multiple regression can be employed in the first situation where 'a real estate company wishes to forecast the probable sales of construction on the basis of....loans.' Multiple regression analysis would help in representing the linear relationship between these two variables that helps in ensuring effective analysis and making predictions and ensuring optimum output. Thus, <u>option A</u> is the correct answer.

5 0
4 years ago
One of the major advantages of the _____ scientific method is that it allows investigation in natural surroundings
maria [59]
Naturalistic observation
7 0
4 years ago
Read 2 more answers
NEED HELP ASAP, WILL GIVE BRAINLIEST
Sholpan [36]
What new laws to the New York factory investigating commissions request check all that apply

1. no factory workers under age 10
3. a minimum wage for all workers
4. increased sanitation standards
3 0
3 years ago
Other questions:
  • Harris Company had checks outstanding totaling $4,948 on its May bank reconciliation. In June, Harris Company issued checks tota
    8·2 answers
  • In decision making under ________, there are several possible outcomes for each alternative, and the decision maker knows the pr
    7·1 answer
  • Which of the following statements is true of purchasing power parity (PPP)?
    13·1 answer
  • An information security analyst needs to work with an employee who can answer questions about how data for a specific system is
    8·1 answer
  • Roberts Company manufactures and sells one product. The following information pertains to each of the company’s first three year
    11·1 answer
  • The president of Deal Corp. wrote to Boyd, offering to sell the Deal factory for $300,000. The offer was sent by Deal on June 5
    7·1 answer
  • Your boss has asked you to evaluate the economics of replacing​ 1,000 60-Watt incandescent light bulbs​ (ILBs) with​ 1,000 compa
    15·1 answer
  • Management of Mittel Rhein AG of Köln, Germany, would like to reduce the amount of time between when a customer places an order
    10·1 answer
  • Paragas, Incorporated, is considering the purchase of a machine that would cost $370,000 and would last for 8 years. At the end
    7·1 answer
  • A company had net sales of $30,800 and ending accounts receivable of $3,400 for the current period. its days' sales uncollected
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!