Based on the useful life and the appraised age of the house, the effective age is <u>3 years.</u>
<h3>What is the effective age?</h3>
- It is the age of a structure based on its physical condition and upkeep.
- It is found by subtracting the remaining economic life from the economic life of the structure.
As a result of the physical condition and upkeep of the property, the appraiser estimates it to be equivalent to a 3 year old home. This is therefore the effective age.
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Answer:
point of difference
Explanation:
Points of difference is the term that also describes the salient features that make a product stand out from its competitors. There are unique traits that make a product different from the rest. Points of difference are also referred to as differentiators or key differentiators.
Marketers use the point of difference to advertise or promote a product. They highlight the stand-out attributes to convince customers to buy.
Answer and Explanation:
The number of topics for merger and acquisition:
⇒ It's ASC 805
The specific topic amount for related party revelations:
⇒ It's ASC 850
The subject, subtopic, as well as section amount for initial internal-use software assessment:
⇒ It's ASC 350–40–30
"Intangibles – Goodwill as well as Other – Internal – utilization Software – Initial Calculation".
Again for corresponding calculation of asset retirement responsibilities, the subject, specific topic as well as segment quantity:
⇒ It's ASC 410–20–35 FASB
The subject, specific topic, as well as segment quantity for stock recompense identification:
⇒ ASC 718-10–25 FASB
When bonds are issued at a premium which means bonds are issued at more than their par value. This premium amount is amortized over the life of the bond and at the end of the life bond will be equal to the face value.
A bond that's trading at a premium means that its price is trading at a premium or higher than the face value of the bond. For example, a bond that was issued at a face value of $1,000 might trade at $1,050 or a $50 premium. Even though the bond has yet to reach maturity, it can trade in the secondary market. In other words, investors can buy and sell a 10-year bond before the bond matures in ten years. If the bond is held until maturity, the investor receives the face value amount or $1,000 as in our example above.
A premium bond is a bond trading above its face value or costs more than the face amount on the bond.
A bond might trade at a premium because its interest rate is higher than the current market interest rates.
The company's credit rating and the bond's credit rating can also push the bond's price higher.
Investors are willing to pay more for a creditworthy bond from the financially viable issuer.
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Answer:
11.30%
Explanation:
Roten rooters have an equity multiplier of 1.52
The total assets turnover is 1.20
The profit margin is 6.2%
= 6.2/100
= 0.062
Therefore the ROE can be calculated as follows
= 0.062× 1.52×1.20
= 0.1130×100
= 11.30%
Hence the ROE is 11.30%