A property is being appraised by the Cost Approach. The appraiser estimates that the land is worth $33,000 and the replacement cost of the home is $110,000. A new $20,000 garage was recently added. Total depreciation from all causes is $7,000. What is the indicated value of the property?
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “A property is being appraised by the Cost Approach. The appraiser estimates that the land is worth $33,000 and the replacement cost of the ...” 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
Matt recently deposited $31,250 in a savings account paying a guaranteed interest rate of 5.5 percent for the next 10 years. Required: If Matt expects his marginal tax rate to be 22.
Answers (1)
When the price level is falling to a negative zone, the economy is experiencing?
Answers (1)
Hiring managers and college admissions officers are some of the people who use social media and other Internet resources to research candidates for employment. True False
Answers (2)
There are a number goods that over time, for a variety of reasons, transition from being a normal good to an inferior good or from being an inferior good to a normal good. One such example of a good is the Toyota Camry.
Answers (1)
Which factor will not cause an increase in demand for good X? a decrease in the price of good X a decrease in income if good X is an inferior good an increase in income if good X is a normal good an increase in the popularity of good X with
Answers (1)
New Questions in Business
Haberdash inc. last year reported sales of $12 million and an inventory turnover ratio of 3. the company is now adopting a just-in-time inventory system.
Answers (1)
Tara is responsible for the strategic planning retail planning process in her organization. She has identified the strategic opportunities. Which of the following steps is most likely Zara's next stage in the strategic retail planning process? A.
Answers (1)
During 2015, Blevert Co. introduced a new line of machines that carry a three-year warranty against manufacturer's defects.
Answers (1)
There are five stakeholders a company must consider when practicing social responsibility: Group of answer choices Employees Investors Environment Community Countries Customers Board of Directors
Answers (1)
Mize Company provided $45,500 of services on account, and collected $38,000 from customers during the year. The company also incurred $37,000 of expenses on account, and paid $32,400 against its payables.
Answers (1)