a custom home containing 4,320 square feet was recently constructed on a $145,000 lot. construction costs were $80.25 per square foot, and other fees and costs totaled $12,785. what was the total cost of the property?
Answers
The total cost of the property is $504465.
How is a property's worth determined?To arrive at the assessed value, an assessor considers data on your property and community while contrasting it with other properties nearby. The appraiser employs the market approach, a technique for determining value based on the prices at which comparable homes have recently sold. According to the cost technique, the value of the property is determined by adding the land cost to the total building expenses, minus depreciation. Compared to other approaches, it produces the most accurate market value when a property is brand new.
Total cost = (4320*80.25)+145000+12785
Total cost= $504465.
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Related Questions
You open a new bank account at Eastside Savings. You see FDIC stickers around the bank, and the teller specifically mentions that Eastside
Savings is "FDIC Insured". A few months later, you hear on the radio that Eastside Savings is struggling to stay in business. Your savings balance
Is $500. What would happen to that money if Eastside Savings failed?
A.You could lose $250 since FDIC Insurance only covers 50% of the money you have deposited.
B.You would lose all of your money.
C.You would receive $250,000 since FDIC Insurance provides each account at the bank with $250,000 regardless of how much they
have deposited
D.You would receive all the money you have deposited at Eastside Savings since FDIC insurance covers accounts up to $250,000.
Answers
Answer:
The correct option is D. You would receive all the money you have deposited at Eastside Savings since FDIC insurance covers accounts up to $250,000.
Explanation:
Based on the information given what would happen to that money in a situation where Eastside Savings failed is that such individual would receive all the money he/she have deposited at Eastside Savings reason been that FDIC which is fully known as FEDERAL DEPOSIT INSURANCE CORPORATE insurance covers accounts up to the amount of $250,000 and Secondly Eastside Savings is "FDIC Insured".
which of the following will increase investment spending
A) More optimistic business expectations
B) An increase in interest rates
C) Ann increase in business taxes
D) A decrease in capacity utilization
E) All of the above
Answers
Answer:
E
Explanation:
All the suggested options can increase investment spending
Investment spending is the money spent towards business expansion in the area of acquiring capital goods such as plant and machinery or goods used in the production like the raw materials.
Optimistic business decision : Leads to more investment in potential business opportunities
Increase in interest rates : As funds are borrowed to finance investment , increase interest rate will increase spending.
Increase in business taxes : This means that companies will have to pay more on taxes
Decrease in capacity utilization : This will lead to the acquisition of more machinery and investment spending increase
Answer:A More optimistic business expectations
Explanation:
A p e x
Accounting affects the different types of businesses because taxes are handled differently, it does not affect the ability to gain money, and it can affect initial and recurring costs. True or False?
Answers
Answer: Your answer will be TRUE
a stock just paid a dividend of $5, and dividends will increase by 10% every year. its required rate of return is 19%. what is the value of the stock?
Answers
The value of the stock is $61.11.
To calculate the value of a stock with a dividend payment of $5 and a 10% increase every year and a required rate of return of 19%, you need to use the formula for the dividend discount model.
The formula for the dividend discount model is:
P0 = D1 / (r - g), where: P0 = price of the stock, D1 = dividend payment in year 1, r = required rate of returning = dividend growth rate.
Substitute the given values into the formula:
P0 = $5 x (1 + 10%) / (19% - 10%)
P0 = $5.50 / 9%
P0 = $61.11
Therefore, the value of the stock is $61.11.
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On the statement of cash flows, the investing activities section would include a.cash paid for retirement of bonds payable b.cash received from the issuance of capital stock c.cash paid for dividends d.cash received from the sale of investments
Answers
Acme Inc. is surveying customers as to what kinds of services they would like the company to add. It is involved in the marketing function of
Answers
Acme Inc. is surveying customers as to what kinds of services they would like the company to add. It is involved in the marketing function of Research.
What is Marketing Research?Marketing research is the process by which organisation and buisnesses obtain systematic information through the process of
gatheringanalysisrecording of datarelating to marketing products and its customers acceptance of such products.
The major aim of Marketing Research is to produce only products which will provide consumer satisfaction.
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The typical amount of capital needed to launch a startup, according to the Bureau of Labor Statistics, is
$10,000 - $12,000
$100,000 - $500,000
$1000 - $5000
$25,000 - $200,000
Answers
Answer:
b
Explanation:
The typical amount of capital needed to launch a startup, according to the Bureau of Labor Statistics, is B)$100,000 - $500,000.
What percentage of small businesses fail within the first 5 years?Consistent with the U.S. Bureau of hard work records (BLS), this isn't necessarily actual. Records from the BLS indicate that about 20% of recent businesses fail at some stage in the primary two years of being open, 45% at some stage in the primary five years, and sixty-five% during the primary 10 years. The simplest 25% of the latest corporations make it to fifteen years or greater.
In step with records published in 2019 with the aid of the Small enterprise management (SBA), about twenty percent of business startups fail within the first yr. About 1/2 succumb to commercial enterprise failure within 5 years. by way of 12 months 10, only approximately 33% live to tell the tale.
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When economists determine that a nation’s GDP has declined, they can point to this as a sign of
economic shrinkage.
economic growth.
low unemployment.
poor leadership.
Answers
Answer:
ANSWER: Economic Shrinkage
Explanation:
When Economists determine that a nation’s GDP has declined, they declared that this is a sign of Economic Shrinkage.
This is because Economic Shrinkage is a term that described a decrease or reduction in the level of a country or nation's GDP.This implies that the level of economic and development growth rate of a specific nation under measure has declined.A reduction in the GDP of a nation affects the production level, the consumers, and the investors.Hence, in this case, the correct answer is option A "Economic shrinkage."
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Warren peace bookstore issues a note with no stated interest rate in exchange for a building. in accounting for the transaction:
Answers
Answer:
the options are missing, so I looked for them.
the options are:
The note is recorded at its face amount unless the fair value of the building is readily available. The building should be depreciated over the note’s term to maturity. Both the note and building are recorded at the fair value of the note or the fair value of the building, whichever is more clearly determinable. If fair values of the note and building are unavailable, the note should be recorded at its face amount.The correct answer is:
4. If fair values of the note and building are unavailable, the note should be recorded at its face amount.
Consider a Malthusian economy. For each of the following scenarios, use the diagrams to illustrate what happens to a country’s population size and living standards, ceteris paribus. Clearly explain what happens to the equilibrium and describe the transition to the new equilibrium if any.a. Marrying late slows down population growth.b. An earthquake kills half of the population and destroys half the land.
Answers
In the situations presented, what happens to the population and living standards is that they improve significantly avoiding a Malthusian catastrophe.
Malthusianism is a sociological concept that refers to the theory developed by Thomas Malthus in which he states that population growth at the rate that is being done will result in a decrease in resources for life, that is what he defined as Malthusian catastrophe.
According to the above, the situations presented would be a way of delaying the Malthusian catastrophe because if people marry late, the probability of having children is reduced for biological reasons. In addition, the number of children is going to be reduced.
On the other hand, if an earthquake occurs that destroys half the world and kills half the population, the Malthusian catastrophe is delayed because the available resources would increase in relation to the existing population.
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define economics according to adam Smith .
Answers
Smith defined economics as “an inquiry into the nature and causes of the wealth of nations.”
Discuss the behavioral and cultural issues that a purchasing agent needs to be aware of in order to ensure a successful global sourcing program.
Answers
A purchasing agent involved in a global sourcing program must be aware of several behavioral and cultural issues for its success. Sensitivity to cultural differences in negotiation tactics, decision-making processes, and business etiquette is also vital.
Additionally, being aware of potential language barriers and investing in language training or employing multilingual staff can facilitate effective communication. Furthermore, recognizing and respecting cultural differences in business practice.
In summary, a purchasing agent should prioritize cultural awareness, effective communication, and ethical practices to ensure a successful global sourcing program.
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In LMX theory, what ultimately determines whether the follower becomes a member of an in-group or an out-group?
Answers
Answer:
d. the leader's perception of the follower
Explanation:
LMX theory stands for leader-member exchange theory and is an approach to leadership that focuses on the two-way relationship that exists between the leaders and followers of a group. Therefore the whether the follower becomes a member of an in-group or an out-group depends on the leader's perception of the follower. Mainly because the leader makes this decision and bases it around what they ultimately think about the follower.
You get a $60,000 loan for a new dump truck. with the truck, you can generate $500 more business each week at 80% margin. your interest rate on the loan is 8.6%. does the additional margin generated cover the interest payments?
Answers
The additional margin generated by the dump truck is $26,000 per year.
What is additional margin?
Additional margin refers to the increase in revenue or profit that is generated by a new product, service, or business activity. It represents the additional benefit or value that is created by the new product, service, or activity.
To determine whether the additional margin generated by the dump truck covers the interest payments, we need to calculate the total interest paid on the loan over the course of the loan.
The total interest paid on a loan can be calculated using the following formula:
Total interest = Principal x Interest rate x Time
Where:
Principal is the amount borrowed.
Interest rate is the annual interest rate on the loan.
Time is the length of the loan in years.
In this case, the total interest paid on the loan would be calculated as follows:
Total interest = $60,000 x 8.6% x (1 year) = $5,160
To determine whether the additional margin generated by the dump truck covers the interest payments, we need to compare the additional margin to the total interest paid on the loan.
The additional margin generated by the dump truck is $500 x 52 weeks = $26,000 per year.
Since the additional margin generated by the dump truck is greater than the total interest paid on the loan, the additional margin does cover the interest payments.
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An annuity is a great way to invest your money while "playing it safe."
True
False
Answers
Think of a futuristic business. Then identify the level and type of production that it would undertake. W/ all relevant information.
Give a description of the business.
Answers
The futuristic business would be a robot selling business, the business would produce robots that will help the individuals in their household work.
What is Business?A business is an idea of trade, the individual starts a business to earn profits by investing capital. The business have major four heads, capital, assets, liabilities and income.
The futuristic business idea would be the production of robots which will be produced by robots itself that is machines in a factory, however the robots will be customized as per the customer requirements and the actions required will be embedded in the robot system.
The robots will help the individuals in their household work, it will cook, clean the house, take out trash and more. The robots will be made at a large scale and the customization will be required on the system only.
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When stock is issued for noncash assets or services, the dollar amount to be recorded for this exchange is determined by the ?
A) treasurer of the corporation. B) par value of the stock. C) market value of the stock or the market valuc of the consideration received, whichever is greater. D) market value of the stock or the market value of the consideration received when the market value of the stock cannot be determined
Answers
The correct answer is C) market value of the stock or the market value of the consideration received, whichever is greater.
When a company issues stock for noncash assets or services, the value of the transaction is determined by the market value of the stock or the market value of the consideration received, whichever is greater.
This is known as the fair value method of accounting for stock transactions. The fair value method ensures that the transaction is recorded at a value that accurately reflects the economic reality of the exchange.
It is important to note that the par value of the stock is not used to determine the value of the transaction. Par value is a nominal value assigned to a stock that is used for legal and accounting purposes, but it does not reflect the true value of the stock.
Similarly, the treasurer of the corporation is not responsible for determining the value of the transaction. The value is determined by the market, which is the best indicator of the true value of the stock and the consideration received.
In summary, when stock is issued for noncash assets or services, the dollar amount to be recorded for this exchange is determined by the market value of the stock or the market value of the consideration received, whichever is greater.
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A restaurant that serves $1400 a day in meals to 140 customers with an average cost of goods sold per unit at $7.00.
What is the average unit of sale for this business?
Answers
Answer:
=$10
Explanation:
The average unit of sales will the total serves per day divided by the total number of customers.
= $1400/140
=$10
The average unit of sale is $10
Which of the following is an example of a GAAP standard?
Ensuring financial statements are accurate and complete
Ensuring products meet all quality standards
Ensuring the company makes a profit
Ensuring the safety of all employees
Answers
Answer:
A. Ensuring financial statements are accurate and complete
Explanation:
GAAP stipulates how to file income statements, what financial periods to include, and how to report cash flow.
The example of a GAAP (Generally Accepted Accounting Principles) standard is: Ensuring financial statements are accurate and complete.
GAAP refers to the standardized guidelines and principles that govern the preparation and presentation of financial statements by companies. Ensuring that financial statements are accurate and complete is a fundamental GAAP principle.
It involves accurately recording financial transactions, adhering to proper accounting methods, and presenting financial information in a transparent and consistent manner. This helps provide reliable and comparable financial information to stakeholders, such as investors, creditors, and regulators, facilitating better decision-making and assessing the financial health of a company.
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Why should you make a personal investment plan?
A. To keep your money as safe as possible
B. To avoid financial risk
C. To meet your personal financial goals
D. To make the most money possible
Answers
Answer:
to meet your personal financial goals
Explanation:
A developer purchased two 135-front-foot lots for $22,900 net each and divided them into three lots of equal front footage. The developer sold the lots for $230 per front foot. Calculate the developer's percentage of profit (round to the nearest whole percentage point).
Answers
Andrea has a health insurance deductible pf $5,000. Her medical bills for the year total $49,000. How much will she be required to pay out of pocket on her annual medical bills?
A. $5,000
B. $33,000
C. $0
D. $38,000
Answers
b is right answer I think
$5,000 is the amount she will pay out of pocket on her annual medical bills.
Basically, the term of Deductible is used in Insurance. The amount of deducible refrain the Insurer from liability until a certain level of liability is reached.
In health Insurance, having a deductible of $5,000 on one's policy means the health plan benefits will start after one pays $5,000 out of his pocket.
Information given
Deductible = $5,000
Total claim = $49,000
Therefore, the Option C is correct because $5,000 is the amount she will pay out of pocket on her annual medical bills.
Jen spends her daily income of $35 on two goods, MP3 music downloads (X) and jumbo diet sodas (Y)His budget line is 2X + Y = 35. His utility function is represented byU = x ^ 2 + y ^ 2 + 5000 Decide on Jen's optimum consumption bundle : how many MP3 music downloads she should purchase and how many diet sodas she should buy order to get maximum satisfaction?
Answers
To determine Jen's optimal consumption bundle, we need to find the combination of MP3 music downloads (X) and jumbo diet sodas (Y) that maximizes her utility function subject to her budget constraint.
We can start by rearranging the budget constraint to solve for one of the goods in terms of the other:
2X + Y = 35
Y = 35 - 2X
Now we can substitute this expression for Y into the utility function to get:
U = X^2 + (35 - 2X)^2 + 5000
Expanding and simplifying this expression gives:
U = 5X^2 - 140X + 5125
To find the optimal consumption bundle, we need to find the values of X and Y that maximize U subject to the budget constraint. One way to do this is to use the method of Lagrange multipliers.
We can set up the Lagrangian as:
L = 5X^2 - 140X + 5125 + λ(2X + Y - 35)
Taking partial derivatives with respect to X, Y, and λ and setting them equal to zero, we get:
dL/dX = 10X - 140 + 2λ = 0
dL/dY = λ = 0
dL/dλ = 2X + Y - 35 = 0
From the second equation, we get λ = 0, which means we can ignore it. Substituting this into the first equation and solving for X, we get:
10X - 140 = 0
X = 14
Substituting this value of X into the budget constraint to find Y, we get:
2X + Y = 35
2(14) + Y = 35
Y = 7
Therefore, Jen's optimal consumption bundle is to purchase 14 MP3 music downloads and 7 jumbo diet sodas in order to get maximum satisfaction given her budget constraint.
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craig, a marketing manager at helizone inc., rarely takes initiative or suggests new ideas during project meetings. he does his work half-heartedly and needs to be guided by his manager on a regular basis. according to robert kelley's basic styles of followership, craig most likely is a(n)
Answers
According to Robert Kelley's basic styles of followership, Carig most likely is a passive follower.
Robert Kelley categorized fellowship style into five styles. Based on Robers Kelley's basic styles of fellowship these are five styles of fellowship:Exemplary: they are independent, innovative, and willing to stand up to superiors. Conformists: they are very active in doing their organization's work they used to be called "yes people". Passive; they rarely take initiative or suggest new ideas during a project meeting. Alienated: They are highly independent critical thinkers but low in engagement. Pragmatic: they are rarely committed to their group's work goals.
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Think about the sample you just read. Sort the details depending on whether they are suitable for a younger or older
audience.
defining "litter"
energy-saving goods to buy
statistics about pollution
start an environment club
scientific experts' views
fuel-efficient car facts
how to recycle
Details for a Younger Audience
interviews with kids
Details for an Older Audience
Answers
Facts about fuel-efficient vehicles, scientific theories, and suggestions for energy-saving items For a younger audience, creating an environment club, interviewing kids, recycling, and statistics are appropriate.
Why is it vital to consider the target audience's age?You can reach more people in a certain age group by using age demographics. A certain age group may share cultural experiences, values, or attitudes that might help you relate to your target audience. These concepts can be used to demonstrate how your good or service matches their requirements and way of life.
What are the four most important methods for determining a target audience?When launching a business, a product, or a service from your current firm, identifying your core target audience is essential.
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Answer:Details for younger- interviewing with kids, how to recycle, start an environment club, defining “litter”
Older Audience-scientific experts’ views, energy-saving goods to buy,statistics about pollution, fuel-efficient car facts.
Explanation: I took it on edge 2023
Create a comic strip, poster, or other visual art presentation that illustrates the forces of supply and demand, just as the dance routine in Supply and Dance, Man illustrated it using
the example of selling canes. Invent a fictitious business and illustrate how the business's successes shift supply and demand. Identify the supply and demand factors at play.
Answers
Answer:
demand is equal to 1000 and factors is equal to 5000
A student in public administration wants to determine the mean amount members of city councils earn. The error in estimating the mean is to be less than $100 with a 99% level of confidence. The student found a report by the department of labor that estimated the standard deviation to be $1000. What is the required sample size?
Answers
Answer:
663.58
Explanation:
From the problem:
E, the maximum allowable error, is $100
The value of z for a 99 percent confidence level is 2.576
Estimate of standard deviation is $1,000.
n = [(z x s)/ E] ^ 2
n = [(2.576 x 1000) / 100}^2
= 25.76^2
=663.58
Arrange the following revenues in the federal government, from greatest to
least.
Drag each item to put them in the correct order.
(2 points)
= excise taxes
= Social Security and Medicare taxes
= corporate income taxes
= individual income taxes
= customs duties
= miscellaneous revenue
Answers
Social Security and Medicare taxes
Corporate income taxes
Excise taxes
Custom duties
miscellaneous revenue
Suppose that you buy a lot of music and that the prices of CDs go up. The income effect means that you buy _____ CDs because _____.
A) Fewer; your nominal income has been reduced
B) Fewer; your real income has been reduced
C) Fewer; CDs are more expensive relative to other goods
D) More; you now enjoy music more.
Answers
Suppose that you buy a lot of music and that the prices of CDs go up. The income effect means that you buy Fewer CDs because your real income has been reduced. (B)
The income effect refers to the change in consumption patterns due to a change in income levels. In this scenario, if the price of CDs goes up and your income stays the same, your real income has been reduced because you can now afford fewer CDs than before. Therefore, you would buy fewer CDs because you have less purchasing power.
To further explain, the income effect is based on the idea that as your income changes, your purchasing power changes. If prices increase and your income remains the same, your purchasing power has decreased in real terms. This means that you are now able to buy fewer goods and services with the same amount of money.
The income effect is important in understanding consumer behavior and how changes in prices and income levels can impact their spending habits. In the case of buying CDs, the increase in price would reduce the consumer's purchasing power and lead to a decrease in their demand for CDs. (B)
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I need a name for an app that could help the community. It has to be original though none that already exists
Answers
Answer:
green help
Explanation:
lol
Answer:
GreenEarth
Green flower
Explanation: