The most common kind of business in the United States is the

7. Gulf Real Estate properties just signed contracts for two new listings: a Gulf View condominium with a list price of $589,000

oksano4ka [1.4K]

Answer:

The answer is "135 days"

Explanation:

Condo with a list price of Gulf View $= \$589,000$

They recognize for a Gulf View the preciously calculated summary analysis

The average cost list for a condominium is474.0075 and that average sale value is 454.245.

$\to \$474,000 -\$454,245 = \$20,755$

We also are selling $20,755 underneath the selling price on average.

$\to \frac{20,755}{474,000} = .0437869198$

Therefore a typical condominium in the South View is selling 4.38% well below the price list.

$\to 589,000 \times (1- .0438)=563,209.5042$

The estimated sales price is thus approximately $563,210

The amount of times that mine device needs and be delivered is an approximate 106 days of median number calculated at a number 1.

No condo Gulf Views $285,000 List price

Through the previously calculated concise figures, we learn that the average price list is 212.805556 for a Non-Gulf View Condominium or that the total selling price is 203.133333.

$\to \$212,806 -\$203,133 = \$9,673$

We sell $9,673 below the value of the total on average.

$\to \frac{9,673}{212,806} =.045454545$

Therefore a condo in No Gulf Vision offers on aggregate 4,545% well below the selling price.

$\to \$285,000 \times (1-.04545)=272,045.4545$

The average price is therefore approximately $272.045.

My projected place to trade this unit is the number of days in number 2 measured to be 135 days.

3 0

3 years ago

HURRY!!!!!!!!!!!!!!!!!!!!!

max2010maxim [7]

TRUE ITS TRUEEE. ITS TRUEEEEEEEEEEEE

7 0

4 years ago

Kathy fields wants to buy a condominium selling for $95,000. The bank is requiring 20% down and is charging 9.5% interest for a

tatuchka [14]

Answer:

The down payment is 19000 and monthly payment is 664.009

Explanation:

The purchase price of condominium = $95000

Down payment = 20%

Interest charged = 9.5 %

Time period = 25 years

Down payment amount = 95000 × 20% = 19000

Remaining loan amount = $76000

Below is the calculation of monthly payment:

$\text{Present vlaue of annuity} =\frac{A(1-(1+r)^{-n})}{r} \\A = monthy \ installment \\76000 = \frac{A(1-(1+ 0.095/12)^{-25\times 12})}{ 0.095/12} \\A(0.906112) = 601.667 \\A = 664.009$

3 0

4 years ago

Olsen Outfitters Inc. believes that its optimal capital structure consists of 65% common equity and 35% debt, and its tax rate i

e-lub [12.9K]

Answer: 12.5%

Explanation:

Amount that will be raised with Equity = 65% * 5,700,000 = $3,705,000

This is more than the retained earnings so new equity will have to be issued at cost of 16%

Amount raised by debt = 35% * 5,700,000 = $1,995,000

Less than $2 million so cost of debt is 10%

WACC = cost of equity * weight of equity + weight of debt * cost of debt * ( 1 - tax rate)

= (16% * 65% ) + (35% * 10% * (1 - 40% tax))

= 12.5%

7 0

3 years ago

On January 1, 2018, White Corporation signed a $ 120,000, four-year, 2% note. The loan required White to make payments annu

VladimirAG [237]

Answer:

Dr cash $120,000

Cr Notes payable $120,000

Dr interest expense $2,400

Dr notes payable $30,000

Cr cash $32,400

Explanation:

The issuance of the notes payable of $120,000 means that White Corporation's cash inflow has increased by $120,000 while its corresponding loan obligation has also gone up by the same amount.

On 31 December 2018,White Corporation would need to repay $30,000 principal plus interest of $2,400 ($120,000*2%).The interest payment is debited to interest expense while $30,000 repayment is debited to notes payable and cash is credited with the total of $32,400

3 0

3 years ago

The most common kind of business in the United States is the​

The most common kind of business in the United States is the