Intelligence is the ability to acquire and apply knowledge and skills.
Answer: Land Residual Method
Explanation:
Land residual method of site evaluation is the method of estimating land value in which the net operating income attributable to the land is isolated and capitalized to produce an indication of the land's contribution to the total property.
This particular method uses income as being the basis for value and is used in appraising income producing properties.
Business and economics is basically the study of the production,distribution of resources to provide goods and services
Let x = the price of the car that Olivia can afford.
Down payment = $2,500
Remaining amount to be financed is P = x - 2500.
Total payments should equal the monthly payments.
The total payment over 4 years (48 months) is
A = $185*48 = $8,880
The rate is r = 4.9% = 0.049.
The compounding interval is n = 12.
The time is t = 4 years.
The amount financed is P = $(x - 2500).
Therefore
(x - 2500)(1 + 0.049/12)⁴⁸ = 8880
1.216(x - 2500) = 8880
x - 2500 = 7302.63
x = 9802.63
Olivia can afford a car priced at $9,802.63.
Answer: $9,802.63
Stock price would be equal to total value of equity divided by no. of shares outstanding. The total value of equity would be calculated as follows:
Total value of equity = corporate value – notes payable – long term debt – preferred stock
= $900 million - $110 million – 90 million – 20 million
= $680 million
The price of the stock would be:
Stock price = total value of equity / no. of shares outstanding
= $680 million / 25 million
= $27.20
