Answer:
The adjusted sale price of the comparable is $270,000
Explanation:
The formula is used to compute the adjusted sale price of the comparable:
= Sale Price - Superior material cost - Square footage cost
= $315,000 - $20,000 - $25,000
=$270,000
The sale price reflects that price on which the property is sold, whereas the superior material is an expense related to the property. Hence, it is deducted from the sale price.
And, the more square footage is produced which is also an expense for a company. So, this also would be deduct from the sale price.
Hence, the adjusted sale price of the comparable is $270,000
Answer: a bullish signal
Explanation:
The question depicts a bullish signal. A bullish signal describes an indicator when there's likely to be an increase in price.
An example of a bullish indicator occurs when there's a huge number of margin transactions, as this implies that investors are buying and thus will then bring about an increase in prices.
Therefore, the correct option is B.
Answer:
B) 4.76%
Explanation:
total unemployment = 2.5 million all the people currently seeking jobs and 0.5 million those temporarily laid off (and expecting a recall) = 3 million
Econville's total labor force = 40 million full time workers + 20 million part time workers + 3 million unemployed = 63 million
unemployment rate = unemployed / total labor force = (3 million / 63 million) x 100 = 4.76%
Answer and Explanation:
The journal entry for issuance of the shares is as follows:
Cash Dr (5,000 × $15) $75,000
To Common stock(5,000 × $1) $5,000
To Additional paid in capital $70,000
(being the issuance of the shares is recorded)
Here the cash is debited as it increased the assets and credited the common stock and additional paid in capital as it increased the equity
