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3 years ago

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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Hudson, Inc. is a calendar-year corporation. Its financial statements for the years 2021 and 2020 contained errors as follows: 2

lubasha [3.4K]

Answer:

$3,000 understated

Explanation:

The computation of the working capital in case of no correcting entries made is shown below:

= Depreciation Expense for 2020 - depreciation expense for year 2021 - ending inventory for 2021

= $18,000 - $6,000 - $9,000

= $3,000 understated

While there is no additional errors occurred and no correcting entries passed so in this the $3,000 is understated by above calculation

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3 years ago

A small company that makes hand-sewn leather shoes has fixed costs of $320 a day, and total costs of $1200 per day at an output

anastassius [24]

Answer: c = 44x + 320

Explanation:

Based on the information given, the cost of materials used in the shoe is a variable cost and this will be:

= Total cost - Fixed cost

= $1200 - $320

= $880

Since there are 20 shoes, the cost if materials used per shoe is: = $880/20 = $44

Then the total cost equation will then be:

c = 44x + 320

where,

C = Total cost incurred in a day

x = Number of pair of shoes made in a day.

Therefore, the correct option is A.

3 0

3 years ago

Dino Co. is a new education consulting firm that just paid its annual dividend of $1.00 yesterday. Analyst believe that due to a

tensa zangetsu [6.8K]

Answer:

Explanation:

dividend at (t = 1) given = 3.5

dividend at (t = 2) = 3.5 *(1 - 0.3) = 2.45

dividend at (t = 3) = 2.45*(1 - 0.3) = $1.715

so dollar amount of dividend at (t = 3) = $1.715

value of the stock = present value of future dividends discounted at cost of capital(20%)

continuous value = dividend at (t = 3)[1+ growth] / K - g

= 1.715(1+3%) / 0.2 - 0.03

= 10.39

share price = 3.5 / (1.2) + 2.45 / (1.2)^2 + 1.715 / (1.2)^3 + 10.39 / (1.2)^3

= $11.62

worth of the share as per calculation is $11.62 only. $11.75 is over priced so it is not recommended to buy

in case of 10% cost of capital

continuous value = dividend at (t = 3)[1+ growth] / K - g

= 1.715(1+3%) / 0.1 - 0.03

= 25.235

share price = 3.5 / (1.1) + 2.45 / (1.1)^2 + 1.715 / (1.1)^3 + 25.235 / (1.1)^3

= $25.45

since offer price of $11.75 is less than calculated value, we can buy the share.

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3 years ago

Notes move in different directions. what refers to the movement of notes

Rasek [7]

Answer:

Melodic motion is the quality of movement of a melody, including nearness or farness of successive pitches or notes in a melody. This may be described as conjunct or disjunct, stepwise, skipwise or no movement, respectively.

6 0

3 years ago

The New American Enterprise Mutual Fund's portfolio is valued at $120,000,000. The fund has liabilities of $4,000,000, and the i

Gennadij [26K]

Answer:

$20 per share

Explanation:

To determine the net asset value we must first calculate the fund's total value minus liabilities:

$120,000,000 - $4,000,000 = $116,000,000

Now we divide the fund's total value by the number of shares issued:

$116,000,000 / 5,800,000 shares = $20 per share

8 0

3 years ago