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
Mashcka [7]
2 years ago
6

A comparable property sold 17 months ago for $115,000. If the appropriate adjustment for market conditions is 0.30% per month (w

ithout compounding), what would be the adjusted price of the comparable property
Business
1 answer:
Natali5045456 [20]2 years ago
4 0

Answer and Explanation:

The computation is shown below:

Without compounding, the adjusted price of the comparable property is  

= $115,000 × (1+ (0.003 × 17))

= $115,000 × 1.051

= $120,865

And,  

With compounding:

= $115,000 × (1.003)^10

= $115,000 × 1.030408

= $118,496.92

In this way it should be calculated

You might be interested in
Youngstown Rubber reports the following data for its first year of operation. Direct materials used $710,200 Direct Labor 350,00
ser-zykov [4K]

Answer:

$1,160,300

Explanation:

Total Manufacturing Costs are all costs related to the production of goods to be sold. This consists of direct costs such as labor and material and other indirect costs such as electricity and rentals.

<u>Calculation  of total manufacturing costs :</u>

Cost of goods manufactured         1,030,300

Add Closing Work In Process           130,000

Less Beginning Work In Process                 0

Total manufacturing costs            $1,160,300

6 0
3 years ago
Suppose a three-person comittee is formed for a culb by drawing names out of a hat. If the expected number of women is 2 and the
tangare [24]

Answer: 20 women

Explanation:

Making the total number of women in the club 'x', we can then do the following,

Total Number of Names in Hat, N

N = x + 10 ( total number of men)

therefore total number of names in the hat N=x+10

We need to select 3 people so sample size = 3

Using the Hypergeometric Distribution then we can then use the formula,

Expected number of women on the Committee = k * n / N

Where k is the total number

2 = x * 3 / (x + 10)

2 = 3x/(x +10)

3x = 2x +20

x = 20

There are 20 women in the club.

8 0
3 years ago
Trevor is a marketing professional in a small firm. He wants to promote his firm’s online shopping website. He targets only thos
MrRissso [65]
D ?
Inn bound marketing
3 0
3 years ago
Read 2 more answers
Select the items that describe what happens at the equilibrium price. Producers supply the exact goods that consumers buy. Consu
Mekhanik [1.2K]

The items that describes what happens at the equilibrium price are:


Producers supply the exact goods that consumers buy.

Consumers have enough goods, at the given price.

Producers used their resources efficiently.

Equilibrium pricing is when the items demanded match the items supplied. When this happens, the demand and good available equal each other, hence, equilibrium. The pricing is exactly where it should be for consumers to want and purchase the good or service.

6 0
3 years ago
Read 2 more answers
_______ has been defined as the process of identifying consumers with similar attributes who are likely to exhibit a similar buy
Hoochie [10]

Global market segmentation has been defined as the process of identifying consumers with similar attributes who are likely to exhibit a similar buying behavior.

<h3><u>Explanation:</u></h3>

The process involved in the identification of a particular segment of customers to sell the products refers to the Global Market Segmentation. Those customers of the groups that has the nature of similar behavior in buying of certain products will be grouped together under this process.

The people in the identified group will have the same purchasing behavior. Thus, when the customers of similar buying behaviors are grouped then the targeting process of the business will become easier. Fir example if you are manufacturing chocolates then it will be easier to target on;ly children and the adults.

8 0
3 years ago
Other questions:
  • For the execution of a successful communication strategy, staff synchronization _____.
    7·2 answers
  • On October 10, the stockholders’ equity of Sherman Systems appears as follows. Common stock–$10 par value, 95,000 shares authori
    13·1 answer
  • What is a lurking​ variable?
    13·1 answer
  • Ramsey Company typically sells subscriptions on an annual basis, and publishes six times a year. The magazine sells 60,000 subsc
    11·1 answer
  • Shawn went to a restaurant where the beer was mediocre and the place was run-down. The restaurant was out of many of its more po
    6·1 answer
  • A subsidy that is used to internalize a positive externality will ideally cause the demand curve to shift __________ to the ____
    9·1 answer
  • On June 30, 2018, Princeton Company paid $310,000 cash for all assets and liabilities of Streeter, which will cease to exist as
    8·1 answer
  • A company's board of directors votes to declare a cash dividend of $.75 per share of common stock. The company has 15,000 shares
    15·1 answer
  • This activity is important because marketing students should be aware of career opportunities in sales, how sales people create
    6·1 answer
  • What statements are accurate about growth rate in assets? (select all that apply)
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!