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3 years ago

When appraising a property your goal is:

Business

1 answer:

Julli [10]3 years ago

4 0

Answer:

b. Establish the most probable price that would be paid for a property under competitive market conditions

Explanation:

Property appraisal is the process by which real estate property value is estimated. It is an opinion by the appraiser of the value of a property at a particular period and in a particular market.

Real estate do not tend to be identical as such different properties will have different appraisal value.

Buyers can use property appraisal as a guide when paying for a property so that they can get get the most competitive price.

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Sheffield Corp. estimates its sales at 150000 units in the first quarter and that sales will increase by 15000 units each quarte

Varvara68 [4.7K]

Answer:

183,750

Explanation:

Data provided in the question:

Sales in the first quarter = 150,000 units

Increase in sales each quarter = 15000 units

Ending inventory = 25% of the current sales units

Now,

Ending inventory of first quarter = 25% of Units produced in the first quarter

= 0.25 × 150,000

= 37,500

Units produced in the first quarter = Sales + Ending inventory of first quarter

= 150,000 + 37,500

= 187,500

Units to be produced in the second quarter

= Sales in second quarter - Ending inventory of first quarter + Ending inventory

= [ 150,000 + 15,000 ] - 37,500 + 25% of [ 150,000 + 15,000 ]

= 165,000 - 37,500 + 41,250

= 168,750

Units to be produced in the Third quarter

= Sales in third quarter - Ending inventory of second quarter + Ending inventory

= [ 150,000 + 15,000 + 15,000 ] - 41,250 + 25% of [ 150,000 + 15,000 + 15,000 ]

= 180000 - 41,250 + 45,000

= 183,750

4 0

3 years ago

The value of generating positive first impressions in your initial interactions with a new employer is best underscored by the r

jarptica [38.1K]

<span>The importance of making positive first impressions in your first few interactions with a new boss is best portrayed by the research on the belief perseverance phenomenon, where it was found that when they have formed an opinion or belief about something or someone, </span><span>people tend to cling to their even in the face of credible contrary evidence.</span>

5 0

3 years ago

A CEO who communicates about the opportunities and challenges facing the company to employees at all levels and in all departmen

Kamila [148]

Answer: Open communication

Explanation:

A CEO who communicates about the opportunities and challenges facing the company to employees at all levels and in all departments is engaged in an open communication.

An open communication gives room for engagement between the employees and also enables them to understand the things that are needed in order to that achieve organizational goals and objectives.

4 0

4 years ago

Read 2 more answers

12. What happens as a result of a shortage? a. There is downward pressure on prices. b. There is upward pressure on prices. c. C

choli [55]

Answer:

Option C There is upward pressure on prices

Explanation:

The reason is that the price and supply are inversely proportional to each other. If the supply increases the prices of the product will decrease. This means that the product will increase its value if the supply of the product gets lower. Also note that the price moves upward to reach equilibrium for a level of supply. It means if the product prices increases then the supply shortage will be lowered as a result nobody will buy the product. So the supplier will have to lower price that the consumer will be willing to pay to the supplier.

4 0

4 years ago

Thomson Co. had $150,000 and $310,000 in cash on the balance sheet at the end of 2XX0 and 2XX1, respectively. Its cash flow from

bagirrra123 [75]

Answer:

$4,790,000

Explanation:

We know,

Opening cash flow + Net cash generated during the period = Closing cash

Opening cash = $150,000

Closing = $310,000

Net cash generated = $310,000 - $150,000 = $160,000

Cash inflow from operating activities = $2.5 million

Cash flow from investing activities = $2 million

Cash from issue of debt = $500,000

Dividends paid = ($50,000)

Net cash generated = $4,950,000

Cash generated - Cash used for repurchase of common stock = $160,000

$4,950,000 - cash used = $160,000

Cash used in repurchase of common stock = $4,790,000

5 0

3 years ago