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allsm [11]
3 years ago
15

While it is often sufficient to rely on informal methods of estimating the market value of real estate assets, the complexity an

d large dollar value of many real estate decisions dictate that formal estimates based on methodical collection and analysis of relevant market data should be utilized. The unbiased written estimate of the market value of a property is commonly referred to as a(n) __________.A) arm's length transaction
B) appraisal
C) property adjustment
D) reconciliation
Business
2 answers:
VladimirAG [237]3 years ago
4 0

Answer: Appraisal

Explanation:

To be able to get the right information about the value of a property to be sold an appraisal has to be conducted on the building. An appraisal of a property is simply a proper evaluation of that property's current market value before it's sold.

bazaltina [42]3 years ago
4 0

Answer:

B) appraisal

Explanation:

In real estate, an appraisal is a real property valuation that must be carried out by a certified property appraiser. A certified property appraiser is a trained professional who is licensed and belongs to the Appraisal Institute.

There are even different types of appraisers:

  1. Licensed real property appraiser: can appraise 1 to 4 non-complex properties with total value of $1 million, or 1 to 4 complex properties with total value of $250,000
  2. Certified residential real property appraiser: can appraise 1 to 4 residential units, no price limit or complexity requirement.
  3. Certified general real property appraiser: can appraise all types of properties.
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Fisher Company has 1,000,000 share of common stock with a par value of $10. Additional paid-in capital totals $10,000,000 and re
aleksley [76]

Answer:

B. $300,000

Explanation:

The computation of the reduction of retained earning amount is shown below:

= Number of shares of common stock × stock dividend percentage × market value

= 1,000,000 shares × 6% × $5

= $300,000

Since the dividend amount is adjusted while computing the ending balance of retained earning balance and the same is to be considered in the computation part.

All other information which is given is not relevant. Hence, ignored it

8 0
3 years ago
ane is planning to offer a Groupon for inner tube rentals that she will distribute on hot, sunny, summer days by the river that
sweet [91]

Probability assigned:|

x 30 60 120 180

P(x) .10 .40 .40 .10

Answer:

Jane

Price of Groupon for a revenue of $300 is:

$3

Explanation:

a) Data and Calculations:

Expected Sales volume:

Number of Tubes  x   30     60      120     180

Probability P(x)           .10     .40      .40      .10

Expected values          3      24       48       18

Total = 93 tubes

Groupon price = $300/93 = $3.23

b) Jane's price for each Groupon will be the rent revenue per day divided by the expected number of tubes to rent daily.  The expected number of tubes is derived by multiplying each expected number of tubes by its probability and then summing up the results.

6 0
3 years ago
Sue now has $490. How much would she have after 8 years if she leaves it invested at 8.5% with annual compounding?
Alina [70]

Answer:

c.$941.10

Explanation:

Calculation for How much would she have after 8 years

Using this formula

FV = PV(1+i)^n

FV represent future value

PV represent present value

i represent interest rate

n represent number of periods

Let plug in the formula

FV = 490(1 + .085)^8

FV= $941.10

Therefore How much would she have after 8 years will be $941.10

3 0
3 years ago
If you wanted to make sure a company has enough money available to pay its bills, which financial statement would
lisov135 [29]

Answer:

D. Cash flow statement

Explanation:

that is the answer

hope I helped you

8 0
3 years ago
If your budget allowed you extra money for this month, would you choose to consume, invest, or save that money? Why? Be specific
ruslelena [56]
Personally, I would choose to save that money. The reason why is you never know - maybe something bad is going to happen and you will need that extra cash. So instead of splurging it on material things, it's better to save it for a rainy day, in my opinion. Investing is not safe, given that you may lose a lot more than you invest. 
3 0
3 years ago
Read 2 more answers
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