Answer:
$290,000
Explanation:
We start with the cost of building a replica of the house:
building a new house: $350,000
plus highest and best use $25,000
minus perceived value loss ($20,000)
minus physical deterioration ($50,000)
<u>minus building obsolescence ($15,000) </u>
appraised value $290,000
Answer:
Here are four benefits of a business plan:
You can get outside funding. To get funding from lenders or investors, you need to show a business plan. ...
You gain an understanding of your market. ...
You focus your strategies. ...
You can check the financial numbers.
Explanation:
Answer and Explanation:
In this particular case, the working capital continues to fall and hits a value below zero otherwise the business would have a negative cash flow.
Company's assets are below its liabilities which including its current working capital would not be able to manage its debts. The Company would be faced with extreme difficulty in paying back its creditors.
If, as in the case at hand , the company continues to operate in low working capital and work capital declines over time, the company can encounter extremely serious financial problems.
Following Effects may include declining revenue from purchases, non-inventory management, or issues with the specific total accounts receivable.
