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Alexxx [7]
3 years ago
14

A property is being appraised by the cost approach. The appraiser estimates that the land is worth $17,000 and the replacement c

ost of the improvements is $235,000. Total depreciation from all causes is $23,000. What is the indicated value of the property
Business
1 answer:
BARSIC [14]3 years ago
7 0

Answer:

The indicated value of the property amounts to $229,000

Explanation:

Indicated value is the bottom line which is appraisal opinion of the present value of the property after the reconciliation of all the approaches as well as methods to appraising the property.

The indicated value of the property is computed as:

Indicated value = Replacement cost - (Depreciation - Land worth)

where

Replacement cost is $235,000

Depreciation is $23,000

Land worth is $17,000

Putting the values above:

Indicated value = $235,000 - ($23,000 - $17,000)

Indicated value = $235,000 - $6,000

Indicated value = $229,000

Therefore, the indicated value of the property amounts to $229,000

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In the condition given above where the global market intends to increase its market share by hiring representative for such purpose, the global market is said to be using communication strategy.

<h3>What is communication strategy?</h3>

A strategy, which is used by an organization for the purpose of interaction with the target audience of such organization, it is known as a communication strategy.

Hence, the significance of communication strategy is aforementioned.

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3 0
2 years ago
Determine whether each of the following goods is a private good, a public good, a common resource, or a club good. Private Good
cupoosta [38]

Answer:

Common Resource

public good

private good

Explanation:

A club good is a type of public good. It is excludable but non-rivalrous. For example paid streaming services are an example of a club good. Those who do not subscribe are excluded from using the service. But all subscribers have equal assess to the service

A public good is a good that is non excludable and non rivalrous. Everyone has assess to the statue and because one person is enjoying the view of the clock does not means another person cannot enjoy the view of the clock

A private good is a good that is excludable and rivalrous. They are usually exchanged in the market by private sector businesses. It is only you who purchased the drum set and those you allow that can use the drum set.

A common resource is a good that is non excludable but rivalrous. The bike in the fitness room is an example. Because the gym is open to anyone, it is non excludable. Only one person can use it at a time, thus it is rivalrous

5 0
2 years ago
Donna is looking into investing a portion of her recent bonus into the stock market. While researching different companies, she
kodGreya [7K]

Answer:

Perfect Plungers Plus is the company that would give Donna a stable long term investment

Explanation:

Because it has a low standard deviation than the other company, meaning it has the expected value as a low standard deviation is, also its data is not far from the mean and is not spread out.

5 0
3 years ago
Read 2 more answers
PLEASE HELP ME!
cestrela7 [59]
If I'm not mistaken the answer is B - demographics
8 0
3 years ago
Read 2 more answers
Bengal Co. provides the following sales forecast for the next three months: July August SeptemberSales units 4,200 4,900 4,760Th
nexus9112 [7]

Answer:

Hie, on the choice of answers provided by your question there is no correct answer.

The correct answer for budgeted production units for July are 4,375 units

Please see below explanation and calculation i have prepared for the answer.

Prepare a Production Schedule for July as follows :

                                                                                     <u>July</u>

Budgeted Sales                                                          4,200

Add Budgeted Closing Inventory (4,900 × 25%)      1,225

Total Production Needed                                          5,425

Less Budgeted Opening Inventory                          (1,050)

Budgeted Production                                                4,375

8 0
3 years ago
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