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konstantin123 [22]
2 years ago
8

Suppose that an appraiser has come to the following conclusions in evaluating the subject property. Due to the dramatic shift in

the perceived safety of the neighborhood, values of any residential properties in the area of the subject property have fallen by $10,000, on average. Due to the subject property's age, physical deterioration to the building accounts for an estimate of S50,000 in lost value. An evaluation of the floor plan reveals that it is quite obsolete relative to current homebuyer preferences. This has a detrimental effect on the value of the property that is estimated to be approximately $15,000. Based on your understanding of adjustments related to accrued depreciation, which of the following pertains to the adjustment for external obsolescence?
A. $10,000
B. $15,000
C. $50,000
D. $75,000
Business
1 answer:
JulsSmile [24]2 years ago
7 0

Answer:

A

Explanation:

Obsolescence is the loss in value of a property.

there are different types of obsolescence

They include :

1. External obsolescence is the loss in value of a property as a result of factors external to the property. Such factors include economic, social or environmental.

Loss in value due to safety concerns qualifies as external obsolescence

2. Physical obsolescence

3. Functional obsolescence

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Betty, an American, works for an automobile manufacturer in New Jersey. Her manager, Ruth, sends her on an overseas assignment t
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Answer: Betty possesses the motivation to succeed and is achievement-oriented.

Explanation:

Betty's manager believes in her ability to succeed in any environment due to her high motivation drive.

Betty most likely has a tendency to succeed at any project she is involved, therefore her manager believes she would be the best person to grow their new branch in Japan.

6 0
3 years ago
Firms that sell luxury products, custom-made products, and services often take the time to significantly modify their products i
ololo11 [35]

Answer:

one-to-one marketing

Explanation:

one-to-one marketing includes

-know your customers

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8 0
3 years ago
What is the problem associated with service quality standards such as "be nice" or "do what the customers want"?
Rama09 [41]

Answer:

b. They are not specific

Explanation:

The main problem with service quality standards such as "be nice" or "do what the customers want" is that they are not specific. An individual may think that they are being nice, while another person may take that behavior as being sarcastic or "having an attitude". The same goes for "do what the customer wants" since there are things that an employee is not allowed to do at all.

5 0
3 years ago
Page Company makes 30% of its sales for cash and 70% on account. 60% of the credit sales are collected in the month of sale, 25%
kondaur [170]

Answer:

$36,230

Explanation:

Month 1              Month 2               Month 3                 Month 4

60,000               70,000                50,000                  30,000

Calculation for receipts in Month 4:

9000   30% cash  in the same month(30000*30%)

12600   60% credit in the same month (30000*70%*60%

8750   25% in month following sales (50000*70%*25%)

<u>5880</u>   12% second month following sales (70000*70%*12%)

<em>36,230</em>

<em></em>

<em>I hope I made myself clear buddy.</em>

<em>Best of Luck.</em>

6 0
3 years ago
Select the correct answers. Which strategy would be most suitable for a company at the maturity stage of its product life cycle?
Sholpan [36]

Answer:

E decrease the product price

Explanation:

Maturity stage of the product is the stage where the product has already saturated in the market and sales begin to peak and slow down. Many companies will want to maintain this stage when it peaks but when the decline starts showing up it is a great challenge for them due to competition that cuts in from other companies.  so companies at maturity stage would want to adopt  the method of decreasing the price of the product in order  to fight off competition.

3 0
3 years ago
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