The value of the subject land is $84,000.
Given,
75,000 / 250,000 = 0.30
280,000 * 0.30 = 84,000
Land value is the measure of the way lots a plot of land is worth, now not counting any buildings but including improvements inclusive of better drainage. when a landowner can pay taxes on her actual property, a part of what is taxed is the fee of the land, in addition to whatever structures sit down atop it.
To measure the price of land use the traditional value approach: Use RS means statistics on prices to calculate the fee of the belongings as though it has been new. Subtract depreciation. The result is an estimate of the fee of the modern structure. Subtract from sale fee to get land cost.
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The subject property has a total value of $280,000 by the sales comparison approach. A competitive neighborhood nearby has home sales with a median value of $250,000, and recent lot sales at $75,000. By allocation, what would be the value of the subject land?
$68,000
$76,000
$84,000
$92,500
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Answer: (C) The daily and weekly sales volume
Explanation:
According to the given question, the daily and weekly sales volume is one of the best indicator for checking the effectiveness of the advertising in an organization as it helps in measuring the various types of sales statistics on the basis of weekly or daily target.
By using the following ways we can monitoring the sales volume either daily or weekly basis are as follows:
- By carefully monitoring the share
- Analyzing the sales's result
- Feedback from the customers
- Place the data in graph format
Jami is basically managing the advertisement campaign and for the purpose of monitor this advertising campaign we basically analyzing the sales volume such as the product line, sales region and also the product level.
Therefore, Option (C) is correct answer.
Answer:
a-1. How long do you have to pay before the account is overdue?
a-2. If you take the full period, how much should you remit?
- if you pay after the discount period (first 30 days) but before the 50th day, you must pay $84,800
b-1. What is the discount being offered?
- 2% if you pay within 30 days
b-2. How quickly must you pay to get the discount?
- you have up to 30 days to pay the invoice and still get the discount
b-3. If you do take the discount, how much should you remit?
c-1. If you don’t take the discount, how much interest are you paying implicitly?
c-2. How many days’ credit are you receiving?
- the total credit period is 50 days
Answer: $3000
Explanation: Allowance for doubtful accounts is the contra account to accounts receiveable when all the bad debts need to be accounted for. The bad debts reduces the accounts receivable line but all bad debts are actually deducted from the allowance for doubtful accounts.
The allowance for doubtful accounts for that year is calculated as 5% of the accounts receivable balance. This amounts to $8000 (160000 x 5%) before bad debts have been accounted for. Allowance for doubtful accounts moves in the opposite direction as accounts receivable because it is a contra account to this line item. At the end of the year before year end closing entries are done, and after the bad debts have been accounted for, the balance on the allowance for doubtful accounts is $5000.
This means that bad debts for that year is:
8000 (balance before bad debts have been accounted for)
- 5000 (balance after bad debts have been accounted for)
= $3000.
Answer:
$858,500
Explanation:
Cash paid for operating expenses = Operating expenses + Prepaid rent increase - Salaries payable increase
= $855,000 +$17,000 - $13,500
= $858,500
