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Salsk061 [2.6K]
3 years ago
13

1. The most common definition of appraisal is:

Business
2 answers:
Elanso [62]3 years ago
7 0

Answer:

An appraisal is a valuation of property, such as real estate, a business, collectible, or an antique, by the estimate of an authorized person. ... Appraisals are typically used for insurance and taxation purposes or to determine a possible selling price for an item or property.

Explanation:

Hope this helps,

Have a splendiferous day!

german3 years ago
5 0

Answer:

development of an opinion of market value.

Explanation:

As defined in USPAP, an appraisal is the act or process of developing an opinion of value. The valuation process is a systematic procedure the appraiser follows to answer a client's question about real property value. The most common type of appraisal assignment is the development of an opinion of market value.

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A market research survey is available for $10,000. Using a decision tree analysis, it is found that the expected monetary value
svet-max [94.6K]

Answer:

Therefore Expected Value of the information = $65,000+$62,000 - $10,000  = $117,000

Explanation:

If the market research survey is available for $10,000.

Using a decision tree analysis, it has been found that the expected monetary value with the survey is $65,000. The expected monetary value with no survey is $62,000.

<u>Then the expected value of the information from this sample is the expected value of each outcome and deducting the costs associated with the decision</u>

Therefore Expected Value of the information = $65,000+$62,000 - $10,000  = $117,000

7 0
3 years ago
Since 70 percent of preferred dividends received by a corporation is excluded from taxable income, the component cost of equity
dusya [7]

Answer:

The answer is False

Explanation:

Since the 70 percent of preferred dividends received by a company is excluded from taxable income, the component cost of equity for a corporation which pays half of its revenue out as a common dividends and half as preferred dividends should ,technically be.

3 0
3 years ago
Brightstone Tire and Rubber Company has capacity to produce 221,000 tires. Brightstone presently produces and sells 169,000 tire
Firdavs [7]

Answer and Explanation:

A. The preparation of the differential analysis dated January 21 on whether to reject (Alternative 1) or accept (Alternative 2) the special order from Euro Motors is presented below:

                                            Differential analysis

                        Reject (Alternative 1) or accept (Alternative 2)

                                                             Jan 21

Particulars     Reject order        Accept order    Differential effect on income

                    (Alternative 1)     (Alternative 2)     (Alternative 2)

Revenues

(26,000 tires × $93.6)             $2,433,600          $2,433,600

Less: cost

direct material

(26,000 tires × $54)               -$1,404,000            -$1,404,000

Direct labor

(26,000 tires × $24)               -$624,000               -$624,000

Variable factory overhead

(26,000 tires × $24 × 0.62)   -$386,880               -$386,880

Variable selling and admin expenses

(26,000 tires × $25 × 0.44) - ($114 × 4%)

                                              -$167,440                -$167,440

Shipping cost

(26,000 tires × $7.65)           -$198,900                 -$198,900

Certification cost                  -$165,424                  -$165,424

Income or loss                       -$513,044                   -$513,044

B. As we can see that there is a loss of   -$513,044 so the special order should be rejected

C. The minimum price is

= Selling price - differential income per unit

= $93.6 - (-$513,044 ÷ 26,000 tires)

= $93.6 - (-$19.73)

= $113.33

5 0
3 years ago
You are given the following facts about a 40% owner of an S corporation, and you are asked to prepare her ending stock basis.
barxatty [35]

Answer:

$74,120

Explanation:

Preparation of her ending stock basis

ENDING STOCK BASIS:

Beginning stock basis $36,800

Add:Increase in AAA $12,800

(.40 * $32,000)

Add:Increase in OAA $2,520

(.40 * $6,300)

Add:Stock purchase $22,000

Total Ending stock basis $74,120

Therefore her ending stock basis is $74,120

6 0
2 years ago
The premiums for which insurance increase with person's age?
NeX [460]
A and C
Life insurance and auto insurance increases with age.
6 0
3 years ago
Read 2 more answers
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