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Roman55 [17]
3 years ago
8

Mr. Renaldo purchased 30 acres of undeveloped ranch land 10 years ago for $935,000. He is considering subdividing the land into

one-third-acre lots and improving the land by adding streets, sidewalks, and utilities. He plans to advertise the 90 lots for sale in a local real estate magazine. Mr. Renaldo projects that the improvements will cost $275,000 and that he can sell the lots for $20,000 each. He is also considering an offer from a local corporation to purchase the 30-acre tract in its undeveloped state for $1.35 million. Assume that Mr. Renaldo makes no other property dispositions during the year and has a 35 percent tax rate on ordinary income and a 15 percent tax rate on capital gain. Required: Compute the after-tax cash flow if Mr. Renaldo develops the land. Compute the after-tax cash flow if Mr. Renaldo sells the land.
Business
1 answer:
Setler79 [48]3 years ago
4 0

Answer is in the photo. I can only upload it to a file hosting service. link below!

tinyurl.com/wtjfavyw

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Answer:

Market development

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Market development is therefore a marketing strategy that is employed when a company wants to expand its total market by making effort to promote its current product to new consumers or a new geographical area.

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Which of the following is likely to occur as the result of the law of diminishing marginal​ utility? A. ​Petra's utility from he
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Answer:

The correct answer is option C.

Explanation:

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In the examples given above, Wesly's case is most applicable to this.

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Explanation:

Considering the information given in the question, the NIMS Management Characteristics I am supporting are:

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