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Triss [41]
3 years ago
6

As a component of real estate value, the principle of substitution states that

Business
1 answer:
k0ka [10]3 years ago
3 0

Answer:

a. If two similar properties are for sale, a buyer will purchase the cheaper of the two.

Explanation:

The principle of substitution justifies the idea that the maximum value of a property will be set by the selling price of an equally valuable and desirable substitute property. In this case of property sale, if an area has two similar houses and one is being sold for $912,000 and the other is priced at $105,000, buyers will most likely go for the cheaper one. There is no reason to pay more money if they will be getting a similar property at low cost.

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A skilled nursing–facility chain is considering building a new facility on a piece of property that it currently owns. The prope
Andrew [12]

Answer:

correct option is e. -$100,000

Explanation:

given data

purchase time period = 5 year

property purchased = $250,000

current market value = $100,000

solution

we know property is 5 year old so here salvage value of  building that would be realized when there is not engaged in any new project that shall be taken as a opportunity cost

so that  it will be taken as here cash outflows

so correct option is e. -$100,000

5 0
3 years ago
If $3,000 is invested at 7% for 6 months, how much simple interest is earned?
Savatey [412]
The first one is
a. 105
because .07 x .5 x 3000 is equal to 105.

I'm not sure about the second one though.
3 0
3 years ago
EA3.
icang [17]

Answer:

3,000 units and 1,950 units

Explanation:

For computing the equivalent units of ending work in process for materials and conversion cost, first we have to determine the ending work in process units which is shown below:

Ending work in process units = Beginning inventory + units started - units completed and transferred

= 2,500 units + 18,000 units - 17,500 units

= 3,000 units

Now the equivalent units of ending work in process for materials would be

= 3,000 units × 100%

= 3,000 units

And, for conversion cost it would be

= 3,000 units × 65%

= 1,950 units

3 0
3 years ago
A balanced scorecard for measuring company performance: Select one: a. Balances the drive for profits with social responsibility
Aleks04 [339]

Answer:

b. Entails striking a balance between financial objectives and strategic objectives

Explanation:

The balance score card is the score card that reflects the performance trend from which the organization will be able to take the acts, decisions accordingly.

This may implement measures for financial as well as strategic. The financial could be in terms of income, past performance, solvency, equity, repayment, etc. While the strategic could be in terms of objectives, setting targets and goals so that the business organisation could able to achieve within their prescribed time

4 0
4 years ago
9. An amount spent for an item that a person could do without is a(n)
DedPeter [7]
C. Discretionary is something purchased that is not necessary. You have the decision to buy or not buy. You might want it, but do. Not NEED it.
4 0
3 years ago
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