Answer:
$ 290,000
Explanation:
$ 120,000 Land cost
<u>Expenses</u>
$ 6,000 Subdividing
$ 36,000 Roads and Utilities
$ <u> 2,000</u> Taxes
$ 44,000 Total
<u>Interest</u>
$ 10,000 2018
$ <u>6,000</u> 2019
$ 16.000 Total
<u>Cost of Each Lot</u>
$ 120,000 Land cost
$ 44,000 Total Expenses
$ <u> 16,000</u> Interest *
$ 180,000 Total Cost
$ 6,000 Each ( $ 180,000 / 30 units ) *
<u>Quantity sold: 30 </u>
$ 6,000 Cost per unit
<u>Sales</u>
10 x $ 35,000 = $ 350,000
<u>Income Statement</u>
Sales $ 350,000
Cost $<u> (60,000)
</u> ( = $ 6,000 x 10 units ) *
Gain $ 290,000 *
<em>* Includes financing costs</em>
Answer:
It is more profitable to sell the product as it is.
Explanation:
Giving the following information:
McPupper Steel has products that can be sold for $13,000, or could be reworked at a cost of $3,400 and sold for $16,000.
To calculate the convenience of continue processing the product, we need to deduct from the final selling price the rework costs and compare it to the original price.
Effect on income= 16,000 - 3,400= $12,600
It is more profitable to sell the product as it is.
Individual investors and financial organizations can purchase seasoned mortgages and deeds of trust through the federal national mortgage association (fnma). A mortgage that has been in place for some time and has a solid track record of repayment by the mortgagor is seasoned.
What does the term "mortgage" mean?
a formal arrangement through which the owner (i.e., the buyer) gives the lender the title to their property as security for the payment of a mortgage note. After the debt is settled and the mortgage is thrown out, a satisfaction of mortgage is submitted to the registrar or recorder of deeds in the county where the mortgage was recorded.
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Answer:
ROI, budget analysis, and historical comparisons.
<h3>
What is ROI and why is it important?</h3>
- ROI measures the amount of return on an investment related to that investment's costs.
- It is used as part of analytics and serves as a benchmark for shaping marketing strategies for the future.
- This enables you to determine what marketing tactics are working and what areas can be improved.
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