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Finger [1]
3 years ago
14

A subject property has a swimming pool (worth $5,000) and a three-car garage (worth $4,500). Comp property A has a pool only and

sold for $452,500. Comp property B has a three-car garage only and sold for $446,000. What adjusted prices should you use for these two comps in a CMA
Business
1 answer:
AnnyKZ [126]3 years ago
4 0

Answer and Explanation:

The calculation of the adjusted price that could use for these two comps in a CMA is given below:

For Comp property A, the value of the garage should be

= $452,500 + $4,500

= $457,000

And, for comp property B, the value of the pool should be

= $446,000 + $5,000

= $451,000

In this way, it should be considered

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GaryK [48]

Answer:

A. The definition of a market in determining the price elasticity of demand.

Explanation:

Price elasticity of demand is the height of responsiveness of demand or purchase to changes in price. It shows how consumers or buyers would react to the demand for a product when the price of their favourite brand increases.

Reaction of consumers in the market place is one of the determinants of price elasticity of demand. It tells how buyers will switch to different brand of products if the price of their favourite brand increases. It also shows how consumers will adjust their spending abilities if the price of all the brands are increased at the same time.

Alternatively, consumers would demand for the brand that falls within the limit of their spending.

4 0
3 years ago
What are some of the immediate results businesses found from using instant messaging?
Usimov [2.4K]

Answer:

The correct answer is a) All of these

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3 0
4 years ago
the fijian dollar is currently trading for AUD 2.55. if the interest rate in australia is 5.5% and the interest rate in New Zeal
Roman55 [17]

Since the interest rate in Australia is 5.5% and the interest rate in New Zealand is 6.5%, then the one-year forward exchange rate is 1 Fijian dollar equals 2.53 AUD.

The information given from the question is that 1 Fijian dollar = 2.55 AUD.

Based on the information, the foreign currency is Fijian dollar while the home currency is AUD. Therefore, the forward rate will be:

= 2.55 × [(1 + 5.5%) / (1 + 6.5%)

= 2.55 × (1.055 / 1.065)

= 2.55 × 0.99

= 2.53

In conclusion, 1 Fijian dollar equals 2.53 AUD.

Read related link on:

brainly.com/question/25435079

4 0
3 years ago
A good manager can be flexible when it comes to sticking to the original plan; to get good results, the intended strategy has to
valentina_108 [34]

Answer:

False

Explanation:

Hope this helps my loves :)

3 0
3 years ago
Josh purchased 100 shares of XOM at the beginning of 2016. He received dividends per share of​ $1.37 (2016),​ $1.55 (2017),​ $1.
Natalka [10]

Answer: 7.80%

Explanation:

At the end of 2016, Josh received a dividend of $1.37 and at the end of 2020, he received one of $1.85.

You can calculate the growth rate with the formula:

Dividend Growth Rate = (Dividend received at end of 2020/Dividend received at end of 2016) ^ (1/n) - 1

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= 0.07798518

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8 0
3 years ago
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