Question
From the land sales adjustment grid shown in the following table, calculate the total adjustment and indicated value for each sale, and then choose
From the land sales adjustment grid shown in the following table, calculate the total adjustment and indicated value for each sale, and then choose a logical market value for the subject property and provide a brief explanation of why you chose your value conclusion. Adjustments are given in percentages, added or subtracted. (2 points) Sale Price ($) 1 2 3 4 38,000 40,000 35,000 45,000 Time +3 +5 +2 +1 Location -5 -5 +5 -10 Size -5 +5 0 -5 Net % Indicated Value
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Advanced Financial Accounting
Authors: Thomas Beechy, Umashanker Trivedi, Kenneth MacAulay
6th edition
013703038X, 978-0137030385
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