A property sold for 250% of what the vendors originally paid for it. What was that original

Question:

A property sold for 250% of what the vendors originally paid for it. What was that original price if the recent selling price was $210,000?

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For book-img-for-question

Business Mathematics In Canada

ISBN: 978-0070009899

7th edition

Authors: Ernest Jerome

See More Books

Question Posted: Jan 20, 2016 06:29 AM

See More Questions

A property was sold for 300% of what the vendors originally paid. If the vendors sold the property for $180 000, how much did they originally pay for the property?
A comparable property sold recently for $250,000. The comparable contained an estimated $3,000 in non-reality items. In addition, the appraiser estimates that market values (conditions) have...
You are a real estate salesperson working for Good Earth, Realtors, Inc. You receive 50 percent of all commissions received by the firm (net of MLS fees) for which you were either the listing agent...
Erin Danielle Company purchased equipment and incurred the following costs. What amount should be recorded as the cost of the equipment? (a) $24,000. (c) $25,400. (b) $25,200. (d) $25,800. Cash price...
You have helped Marie establish financial goals and prepare a plan for achieving them. A tentative plan requires that Marie save $2,000 annually over the next five years. Since Marie has saved very...
Mr. and Mrs. Ilyong Kim had purchased the Pinetree Motel in 1998 with their life savings, supplemented by a loan from a close personal friend. The motel consisted of 20 units (i.e., rentable rooms)...
List various methods for improving project communications, such as running effective meetings, using various technologies effectively, and using templates? LO.1
Use the narratives in Chapter 1 and above to identify the typical outputs (reports and displays) the various stakeholders might want to retrieve from your database. Now, revisit the E-R diagram you...
if a gig economy driver takes the standard mileage rate which additional expenses is allowed on top of the smr
A professional football team is preparing its budget for the next year. One component of the budget is the revenue that they can expect from ticket sales. The home venue, Dylan Stadium, has five...
In 2009, Canadas population was 33,700,000 and Japans population was 127,600,000. Canadas land area is 9,093,500 square kilometres but Japans area is only 377,835 square kilometres. To the nearest...
The Calgary Flames hockey team announced that its seasons ticket sales of 11,542 represents 67.50% of the Pengrowth Saddledomes seating capacity. Rounded to the nearest 100, how many seats were not...
Intermountain, Inc. experienced an unbroken string of 10 years of growth in net income. Nevertheless, the business is facing bankruptcy. Creditors are calling all of Intermountains outstanding loans...
You are required to work with your groups for the restaurant business that you have created and develop your international market entry strategy. Please follow the below steps: STEP 1: Research the...
Demonstrate to the owner of the business how they could use e-commerce for example (Shopify, E-Bay, Etsy), social media for example (Facebook, Instagram, TikTok, Webpage) to market their business to...
Identify a company that has successfully created a brand image for their product or service by using social media. Explain how they did it . Which forms of media did they use?
The Magic that Makes Customer Experiences Stick Article Identify and explain in details Roger's Five Factors as it applies to the diffusion process.
Topic: Buick in China Task: After reading and viewing the items in this week's Reading & Study folder, identify and describe the following: the social and cultural aspects that made China attractive...
Technical Trading Every day I check the price patterns from the day before to identify the shares I wish to trade that day. What do the efficient markets hypothesis and behavioural finance hypothesis...
A container holds 2.0 mol of gas. The total average kinetic energy of the gas molecules in the container is equal to the kinetic energy of an 8.0 10-3-kg bullet with a speed of 770 m/s. What is the...
Describe the difference between the direct and the indirect method of computing cash flow from operating activities.
Calculate dollar amounts accurate to the cent, and percent amounts accurate to the nearest 0.01%. Due to reduced commissions, Jamal's earnings this year fell by 6.5% from last year's level of...
Evaluate each of the following expressions for the given values of the variables. In problem, maintain five-figure accuracy. (1 + it) m 1; for i = 0.0225,m= 4
Simplify each of the following. (x 5 ) 6 /x 9
Palisade Creek Co. is a merchandising business that uses the perpetual inventory system. The account balances for Palisade Creek Co. as of May 1, 2019 (unless otherwise indicated), are as follows:...
1-When accounting for an acquisition, goodwill is the difference between what two things? 2- What factors should be considered when deciding whether an acquisition should be financed with cash or...
What is the main friction Fluidity aims to address? REAL STATE

A property sold for 250% of what the vendors originally paid for it. What was that original

Question:

Step by Step Answer:

The selling price is being compared to ...View the full answer

Business Mathematics In Canada

Students also viewed these Accounting questions