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Leya [2.2K]
3 years ago
6

There are a number of specific steps in the appraisal process. What is the final step?

Business
1 answer:
ra1l [238]3 years ago
8 0

Answer:

To Prepare an appraisal report

Explanation:

The steps which are involved  in the appraisal process are:

1. Stating the purpose.

2. Listing the data needed and its source

3. Gathering, recording and verifying the data.

4. Gathering, recording and verifying the specific data.

5. Gathering, recording and verifying the data for each approach.

6. Analyzing and interpreting the data.

7. Reconciling the data for the final estimation.

8. Prepare an appraisal report.

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Explanation:

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A $63,000 machine with a 7-year class life was purchased 2 years ago. The machine will now be sold for $50,000 and replaced with
Nadusha1986 [10]

The initial outlay for the project after depreciation is loss of $26,700.

<h3>What is  depreciation?</h3>

Depreciation in accounting refers to two parts of the same concept: first, the real decline in fair value of an asset, such as the worth of factory equipment each year.

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7 0
2 years ago
Does it make sense for ethan to take a year off of school to raise the money?
Vinvika [58]
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4 0
3 years ago
Read 2 more answers
Quizlet Compared to high-income nations like Sweden, middle-income, moderately developed nations like Brazil have collectively a
beks73 [17]

Answer: have collectively a larger population and lower total fertility rate

Explanation:

Population is the number of living that resides in a geographicsl area. The population of Sweden as at 2019 is 10.23 million while the population of Brazil was about 210 million in 2019.

The fertility rate for Sweden in 2019 was about 1.849 births per woman, while the fertility rate for Brazil in 2019 was about 1.726 births per woman. This shows that Brazil has a larger population and lower total fertility rate than Sweden.

8 0
3 years ago
If Dakota Company issues 1,500 shares of $6 par common stock for $75,000,
HACTEHA [7]

<u>Answer:Option C </u>Paid-In Capital in Excess of Par will be credited for $66,000

<u>Explanation:</u>

Given

No of shares 1,500

Par value $6

Common stock $75,000

Par value of stock = No of shares x Par value

=1500 x 6

=9,000

Excess paid in capital = Common stock - Par value

=75000-9000

=$66,000

So the Paid in capital which is excess of par value will be credited. It can also be termed as the market value of the shares. Par value will be mentioned in the share document. When there is additional paid in capital it is a credit balance in company accounts.

5 0
3 years ago
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