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
LenaWriter [7]
3 years ago
10

You own a house that you rent for $1,325 per month. The maintenance expenses on the house average $245 per month. The house cost

$228,000 when you purchased it 4 years ago. A recent appraisal on the house valued it at $250,000. If you sell the house you will incur $20,000 in real estate fees. The annual property taxes are $2,950. You are deciding whether to sell the house or convert it for your own use as a professional office. What value should you place on this house when analyzing the option of using it as a professional office?a. $225,480b. $250,000c. $0d. $230,000e. $228,000
Business
1 answer:
ANTONII [103]3 years ago
5 0

Answer:

d. $230,000

Explanation:

Calculation to determine What value should you place on this house when analyzing the option of using it as a professional office

Using this formula

Opportunity cost = Recent appraisal on the house - Real estate fees

Let plug in the formula

Opportunity cost = $250,000 - $20,000

Opportunity cost = $230,000

Therefore the value you should place on this house when analyzing the option of using it as a professional office is $230,000

You might be interested in
In one year, you meet 52 people who are each unemployed for one week and eight people who are each unemployed for the whole year
VARVARA [1.3K]

Long term unemployment is defined as being unemployed for 27 weeks or more. In this example there are a total of 60 people, 52 people who would be categorized as short term unemployment and 8 people who would be categorized as long term unemployment.

In order to calculate the percentage of unemployment in each category you will need to divide the number in each category by the total number.

Short term = 52/60 = 86.7%

Long term - 6/60 = 13.3%

4 0
3 years ago
Read 2 more answers
 Margaret, a vegetarian, is looking for a mushroom with a meaty texture to grill and eat instead of a hamburger. Which of the fo
storchak [24]
C. Portobello, is a good example of a mushroom with a meat like texture.
4 0
3 years ago
Read 2 more answers
Creating a …………………… is a basic building block in a/an ………………… that assists business executives understand the risks associated w
Aleonysh [2.5K]

Answer:

The correct answer is letter "B": Risk profile; Enterprise Risk Management.

Explanation:

One of the many good practices for Information Governance (IG) relies on developing a risk profile in Enterprise Risk Management to safeguard data. The risk profile should include the likelihood of threats, its impact and how the risk could be mitigated after it takes place. Risks profiles can be created in multiple ways in multiple frequencies.

7 0
3 years ago
What is a disadvantage of government bonds?
hjlf
None of those answers are suitable to me.

Government bonds are generally regarded as low-risk and they typically have modest (low) interest rates for return on investment, and these are advantages really. So we can discount answer A, C, and D.

I guess you could say that bonds can be hard to find (Answer B) but this not really true. There is always a bond market to trade bonds on. It requires setting up a trading account or speaking to a broker so this can be more difficult than putting money in a bank account, but to be honest I don't think any of those answers are appropriate for the question.
3 0
3 years ago
Read 2 more answers
Administrative Management Group of answer choices emphasizes perspective of senior managers and that management, as a profession
Vikki [24]

Answer:

The correct answer is the first option: Emphasizes perspective of senior managers and that management, as a profession, can be taught.

Explanation:

To begin with, the term known as "Administrative Management" refers to the discipline whose main purpose is to focus in the efficient and effective organization of people, information and procedures inside the entity that will all lead to the completion of the tasks that are needed to be done in order to achieve the termination of the product or service that organization produces. This particular approach seeks for the employers to achieve the field in where the understand all the contents necessary to analyze what is happening around the organization and be able to work with that as good as possible.

6 0
3 years ago
Other questions:
  • For much of the first half of the twentieth​ century, managers viewed work specialization as​ ________.
    8·1 answer
  • Research shows that ________ is the single most important factor for a new product to defeat competitive ones—having superior ch
    9·1 answer
  • Glacial Company estimates that variable costs will be 53.1% of sales, and fixed costs will total $710,000. The selling price of
    6·1 answer
  • IDX Technologies is a privately held developer of advanced security systems based in Chicago. As part of your business developme
    7·1 answer
  • High-end luxury brands like Bentley for cars, Louis Vuitton for handbags, and Rolex for watches use ________ distribution, givin
    12·1 answer
  • Match the following intangible assets to their definitions by writing the respective alphabet (A-E) on the line.
    12·1 answer
  • Marcus finds that a check written by a customer and deposited has not yet been posted
    14·1 answer
  • Martha works as a senior manager in a bank. The bank has hired 20 new employees. Martha has spent a week defining the roles and
    9·2 answers
  • Can Eskom raise extra capital for expansion​
    15·1 answer
  • An organization that has all its people in one location is typically ________ than an organization that is dispersed around the
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!