A property is being appraised using the gross rent multiplier. A comparable property that rents for $150 per month recently sold for $24,000. If the property being appraised will rent for $165 per month, the sales price would be
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “A property is being appraised using the gross rent multiplier. A comparable property that rents for $150 per month recently sold for ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers
You Might be Interested in
Trell Corporation transferred $55,000 of accounts receivable to a local bank. The transfer was made without recourse. The local bank remits 60% of the factored amount to Trell and retains the remaining 40%.
Answers (1)
Accepting a special order is profitable whenever the revenue from the special order exceeds: a. The materials and direct labor costs of producing the order. b. The average unit cost of production multiplied by the number of units in the order. c.
Answers (1)
Sphericals, Inc. approach to international markets is to grant a foreign entity the right to produce and sell the firm's product in return for a royalty fee on every unit sold. Sphericals, Inc.'s approach is called
Answers (1)
Interview questions: i have never exaggerated on purpose at work
Answers (1)
The Chilton Corporation specializes in manufacturing one type of desk lamp. Chilton allocates variable manufacturing overhead costs on the basis of machine hours. Chilton budgeted 0.3 machine hours per lamp and allocates overhead at a rate of $1.
Answers (2)
New Questions in Business
All else equal, a dollar received sooner is worth more than a dollar received at some later date, because the sooner the dollar is received the more quickly it can be invested to earn a positive return. True False
Answers (1)
How do the four building blocks of competitive advantages make an organization more successful
Answers (1)
What keeps a business cycle going?
Answers (1)
A natural disaster is an example of what type of risk? A. Speculative risk B. Insurance risk C. Economic risk D. Pure risk
Answers (1)
You sell a put option on S&P 500 index with the strike price of 3300. Suppose the S&P 500 index is 3000 on the option expiration date. What is your payoff?
Answers (1)