Question
01) A residential site is purchased for $227920. Two flats are constructed on the site for a cost of $287335. The developed site is then
01)
A residential site is purchased for $227920. Two flats are constructed on the site for a cost of $287335. The developed site is then sold one year later for $978479. What is the profit margin? (Please round your answer to the nearest dollar but exclude the $ sign when typing your answer.)
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The Handbook Of Financing Growth
Authors: Kenneth H. Marks, Larry E. Robbins, Gonzalo Fernandez, John P. Funkhouser, D. L. Williams
2nd Edition
