1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
erastova [34]
2 years ago
12

An appraiser completes an appraisal for a homeowner in preparation for obtaining a loan. The appraiser provides a letter report

and sends a bill for his preparation of the appraisal. He bases the cost of his work on a percent of the amount of the value his opinion finds. What is the situation here
Business
1 answer:
Oxana [17]2 years ago
3 0

The situation here is that the appraiser is:

  • Taking a percentage for his services from the appraisal

Based on the given question, we can see than when an appraisal is made, the appraisal which is actually a written report that makes an estimate of the present value of a piece of property.

With this in mind, we can see that the appraiser preferred to take his payment from the percentage value of the <em>value of the property </em>which he appraised. This method is sure to give the appraiser more money than he would have made, especially if the value of the property was quite high.

Read more about appraisal reports here:

brainly.com/question/25088996

You might be interested in
Assume there is a fixed exchange rate between the Euro and U.S. dollar. The expected return and standard deviation of return on
drek231 [11]

Answer:

13.50%

Explanation:

From the given information ; we use EXCEL to compute the Dataset given and use it to determine the expected return on what the stock portfolio would be.

Check the attached file below for the solution in Excel Sheet.

8 0
3 years ago
What is a trust established while the owner of the trust is still alive
Yuri [45]

Answer:

A trust created while a person is still alive is called a Living Trust. The Living Trust is created when one person, a Grantor, places property into the trust.

Explanation:

5 0
3 years ago
Sparks Corporation has a cash balance of $5,480 on April 1. The company must maintain a minimum cash balance of $5,000. During A
beks73 [17]

Answer:

d) $3,920

Explanation:

The computation of the borrowed amount is shown below:

= Beginning cash balance + expected cash receipts - expected cash disbursements - minimum monthly cash balance

= $5,480 + $56,200 - $60,600 - $5,000

= $3,920

We easily add to the starting cash balance the estimated cash receipts and deducted the expected cash disbursements and the minimum monthly cash balance, in order to get the correct value

5 0
3 years ago
Malaya Ramirez is organizing marketing research in Central American countries for a large American corporation that is intereste
nydimaria [60]

Answer:

The correct answer is letter "D": have the questionnaire translated back into English to check for accuracy.

Explanation:

<em>Translating </em>is the activity by which the message given in a language is provided written in a different language. However, all languages are not the same and during the translation, meaning can be lost. Besides, specific terminology could make the translation difficult for the translator.

Thus, for accuracy purposes Malaya Ramirez should have the English-Spanish translation checked, making it be translated back into English.

6 0
3 years ago
If a bank uses $100,000 to purchase a building for $80,000 and equipment for $10,000, the balance sheet at the end of the transa
grigory [225]

Answer:

cash = $10,000, property assets = $90,000, and stock shares = $100,000.

Explanation:

4 0
2 years ago
Other questions:
  • Why does pizza have pepperoni
    9·2 answers
  • Suppose a particular stock just paid a dividend of $2.50 and expects to grow the dividend by 4% per year, indefinitely. What is
    9·1 answer
  • Which of the following dimensions of leadership behavior refers to the extent to which leaders take action to define the relatio
    6·2 answers
  • On January 1, Year 1, Stratton Company borrowed $100,000 on a 10-year, 7% installment note payable. The terms of the note requir
    11·1 answer
  • If Ben &amp; Jerry's sold more units of its Chocolate Chip Cookie Dough super premium ice cream to U.S. consumers as a result of
    8·1 answer
  • What are the types of model risk
    14·1 answer
  • What do we call a cost that was already incurred and cannot be recovered in economics?
    14·1 answer
  • Denmark is a good example of a nation-state because:.
    14·1 answer
  • Poppy co. uses a periodic inventory system. beginning inventory on january 1 was understated by $30,000, and its ending inventor
    8·1 answer
  • What is the cost of equity for a firm that has a beta of 1.2 if the risk-free rate of return is 2.9 percent and the expected mar
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!