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konstantin123 [22]
3 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]3 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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10/12/2020
zhuklara [117]

Answer:

the answer is C

Explanation:

i just did Edgenuity

6 0
3 years ago
Adah works in logistics for a manufacturing firm and manages inventories. Her managers want the organization to be more lean, bu
Alex787 [66]

The reorder point for Adah's Logistics Company is <u>60 units</u>.

<h3>What is the reorder point?</h3>

The reorder point (ROP) is the specific level at which stock needs to be replenished to avoid customer dissatisfaction while achieving inventory leanness.

In other words, the reorder point is the point at which orders can be placed to replenish stock without encountering a stockout or overstocking.

The calculation of the reorder point is to multiply the average daily usage rate by the lead time in days, plus safety stock.

Data and Calculations:

Usage rate per day = 10 units

Lead time = 5 days

Safety stock = 10 units

Reorder point = 60 (10 x 5 + 10)

Thus, the reorder point for Adah's Logistics Company is <u>60 units</u>.

Learn more about reorder points at brainly.com/question/18914985

4 0
2 years ago
Land was acquired for $200,000 in exchange for common stock, par $200,000, during the year; all equipment purchased was for cash
diamong [38]

Answer:

Option (c) is correct.

Explanation:

Net cash provided by operating activities:

= Net income + Depreciation + loss on sale of Equipment + Decrease in prepaid expense + Increase in account payable - Increase in account receivable - increase in inventory - Decrease in accrued expenses

= $132,000 + 44,000 + 8,000 + 60,000 + 52,000 - 60,000 - 100,000 - 24,000

= $112,000

Note:

The balance sheet is missing in this question, so I attached the balance sheet with the answer.

3 0
3 years ago
What is the difference between an affirmative action goal and a quota? Is there a difference
Margaret [11]

Answer:

Affirmative action is an effort by institutions to improve educational and economic opportunities for underrepresented groups and communities. Quotas force diversity without factoring in actual inclusion. The pathetic attempt to meet numerical goals to appear diverse.

3 0
2 years ago
The goal of operations management is to produce a good or service at the highest possible cost while maintaining the lowest poss
Sophie [7]
That answer is True because it says that the lowest possible quality and it is true
4 0
3 years ago
Read 2 more answers
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