The value that would be assigned to this house if you decide to use it as your office would be $ 425300
<h3>How to solve for the value of the house using opportunity cost</h3>
To get the value of the house, you have to get the opportunity cost of the house. This is the foregone alternative or benefits forgone due to another choice.
The formula is opportunity cost = Apprised Value - Selling costs
The apprised value = $439,500.
selling cost = $14,200
$439,500 - $14,200
= $ 425300
Hence the value that should be assigned to it is $ 425300
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Answer:
One of the major disadvantages of a sole proprietorship is Unlimited Liability The Owner Has For The Debts Of The Firm.
Answer:
Instructions are listed below
Explanation:
Giving the following information:
Ms. Langley is 30 years old and has begun a retirement plan that permits her to place monthly amounts of $400 into a retirement vehicle, beginning one month from now, for 30 consecutive years.
When Ms. Langley reaches her retirement at age 60, she expects to live for 25 more years. The interest rate is 6%.
First, we need to calculate the amount of money that she will have at age 60, using the following formula.
FV= {A*[(1+i)^n-1]}/i
A= monthly deposit= 400
n= 30*12= 360
i= 0.06/12= 0.005
FV= {400[(1.005^360)-1]}/0.005= $401,806.02
Months= 25years*12= 300 months
Monthly= 401,806.02/300= $1,339.35
Answer:
b. strive to cut costs and increase efficiency.
Explanation:
Theory X managers is pessimistic. They believe people are lazy and unproductive. They will look to implement politics to increase the productivity,.
Answer:
Pine Street should sell finished bookcases.
Explanation:
Differential analysis
Sell unfinished Process further Net income
Increase (decrease)
Sale price per unit 58.09 73.08 14.99
<u>Cost per unit</u>
Variable 37.97 44.61 -6.64
Fixed 10.12 10.12 0
Total 48.09 54.73 8.35
Net income per unit 10 18.35 8.35
So, the book cases should be sold after processed further.
