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
Lorico [155]
3 years ago
6

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.

You might be interested in
A company has a retention rate of 50%, sales of $25,000, beginning equity of $50,000 and profit margins of 10%, an asset turnove
Degger [83]

Answer:

Sustainable Growth Rate: 2.5%

Explanation:

Sustainable growth rate is calculated by multiplying return on equity with retention ratio.

Logic behind above is that whatever portion of net profit is retained by the Company, is used in the Company's operations, which earns certain percentage of equity known as return on equity. By multiplying both return on equity with retention ratio, we assume that the practice will continue for foreseeable future and the Company will continue to grow at the calculated growth rate.

Growth rate = Retention ratio * return on equity

Retention ratio = 50%

Return on equity = Net profit available for distribution / Opening equity

Return on Equity = (25,000 * 10%) / 50,000

Return on Equity = 5%

Growth Rate = 5% * 50%

Growth Rate = 2.5%

5 0
3 years ago
Lin’s Dairy uses the aging approach to estimate bad debt expense. The ending balance of each account receivable is aged on the b
Nesterboy [21]
What amount should be recorded as Bad Debt Expense for the current year?
Not yet due:
22,000
Estimated Percentage Uncollectible: 3%
Estimated Amount Uncollectible: 660

Up to 120 days past due:
6500
Estimated Percentage Uncollectible: 14%
Estimated Amount Uncollectible:
910

Over 120 days past due:
2800
Estimated Percentage Uncollectible: 34%
Estimated Amount Uncollectible: 952

Estimated Balance in allowance for doubtful accounts: 2522

Current balance in allowance for doubtful accounts: 1200

Bad Debt Expense for the Year: 1322
4 0
2 years ago
A counterfeit id is intended to an official document, but is not authentic
kirza4 [7]

Answer:

If this is the case then it is not valid.

Explanation:

Any counterfeit id is illegal and should never be rendered to be used for any purpose in relation to official documents.

4 0
3 years ago
Which of these emotions is not a personal benefit of work?
Vesnalui [34]
I think is A because accomplishment is not a emotional thing.
6 0
3 years ago
Read 2 more answers
Medical profession is a very sensitive profession.Do U agree?Give 5 reason​
Anna [14]

Answer:

Medical profession is very sensitive and intellectual where human life is at risk. A successful effort of a doctor can save a life. Due to that, a doctor is known as 2nd God. When he attempts a major and long surgery, his endurance, hard work and mental ability spotlight his character.

6 0
2 years ago
Other questions:
  • The cost of goods sold includes $1,200,000 of fixed manufacturing overhead; the operating expenses include $100,000 of fixed mar
    11·1 answer
  • A loan processing operation that processes an average of 7 loans per day. The operation has a design capacity of 15 loans per da
    7·1 answer
  • A customer tells you that they “must have” a particular item that you are out of in your store. You can tell that the customer i
    8·2 answers
  • All quality social media creation for a business has some cost attached to it, therefore business managers have many factors the
    5·1 answer
  • Collier Chemicals has redesigned many jobs to make the work more interesting and challenging for its employees. The company enco
    7·1 answer
  • What does the Judge usually say when things get crazy in the court room?
    9·2 answers
  • Which of the following is a source of income? A. Investment B. House purchase C. FICA D. Timeshare
    7·2 answers
  • The last two answers for number 6 is “Firefighting” and “Public Safety Inspection”
    6·1 answer
  • Thomlin Company forecasts that total overhead for the current year will be $13,502,000 with 157,000 total machine hours. Year to
    15·1 answer
  • Jamison Company had sales revenue and operating expenses of $5,000,000 and $4,200,000, respectively, for the year just ended. If
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!