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sergiy2304 [10]
3 years ago
6

A homeowner paid $85,000 for a house three years ago. The house sells today for $110,000. How much has the property appreciated?

a) 29%b) 25%c) 28%
Business
1 answer:
Dima020 [189]3 years ago
6 0

Answer:

Option (a) is correct.

Explanation:

Amount paid for house three years ago = $85,000

Selling price of house today = $110,000

Therefore,

Property appreciated by following percentage:

= (change in value ÷ Amount paid for house three years ago) × 100

= [($110,000 - $85,000) ÷ $85,000] × 100

= ($25,000 ÷ $85,000) × 100

= 0.2941 × 100

= 29.41%

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Radda [10]

Answer:

The correct answer is "-$7200 (Unfavorable)".

Explanation:

Given:

Actual quantity,

= 54000 pounds

Standard price,

= $3 per pound

Standard quantity,

= 4300\times 12

= 51600 \ pounds

As we know,

⇒ Material \ quantity \ variance=(Standard \ quantity-Actual \ quantity)\times Standard \ priceBy substituting the values, we get

⇒                                          =(51600-54000)\times 3

⇒                                          =(-2400)\times 3

⇒                                          =-7200 \ (Unfavorable)

8 0
3 years ago
Underwriting is best described as __________. activities related to selecting acceptable risks so that general insurer objective
just olya [345]
The correct answer is letter a. Activities related to selecting acceptable risks so that general insurer objectives are met. Underwriting is best described as "<span>Activities related to selecting acceptable risks so that general insurer objectives are met."</span>

Here are the choices
a. Activities related to selecting acceptable risks so that general insurer objectives are met.
b. Actuarial science
c. Production-related activities performed primarily by agents in the field
d. Process of developing pricing structures for insurance, often performed by an actuary
e. A function most often performed by adjusters
4 0
3 years ago
A.
sergij07 [2.7K]

Answer:

take good notes and ask good questions

Explanation:

  1. why because taking good notes help you go through back again, ask good questions keeps it in ur <em>mind</em><em>.</em><em>.</em><em>.</em><em>.</em>

8 0
2 years ago
Jeff's Pizzeria can handle 30 orders during the day. It wanted to increase this number, so it started making its delivery boys d
klasskru [66]

Answer:

The options for this question are:

a. dominance

b. synergy

c. anarchy

d. compromise

The correct answer is b. synergy.

Explanation:

usiness synergy is an interesting concept if we use it in the business world, since we find the possibility of growth and improvement. Remember! The whole is more than the sum of its parts and achieves the best business strategy.

In an altruistic way it is also possible to obtain a benefit or even establish a new professional relationship in order to obtain more work and promotion that otherwise would not have been obtained.

5 0
3 years ago
"Synovec Co. is growing quickly. Dividends are expected to grow at a rate of 20 percent for the next three years, with the growt
ladessa [460]

Solution:

D_{0} = $3.10, D_{1} - D_{3}= 20%, D_{4} += 5%, R = 11%

D_{1} = $3.10 • (1 + .20) = $3.10 • 1.20 = $3.720

D_{2} = $3.10 • (1 + .20)^{2} = $3.10 • 1.44 = $4.464

D_{3} = $3.10 • (1 + .20)^{3}= $3.10 • 1.728 = $5.357

D_{4} = $5.357 • (1 + 05) = $5.624

P_{3} = D_{4} / (R – g)= $5.624 / 0.06= $93.744

P_{0} = D_{1}  +  D_{2} + D_{3} + P_{3} =(1 + R) (1 + R) ^{2} (1 + R)^{3}

= $3.720 + $4.464 + $5.357 + $93.744

=  (1 + .11) (1 + .11)2(1 + .11)3= $3.720 + $4.464 + $99.101

=(1.11) (1.11)2(1.11)3= $3.720 + $4.464 + $99.101

=1.11 1.232 1.368= $3.351 + $3.623 + $72.462 = $79.44

4 0
3 years ago
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