Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Jun 06, 2024

If a 2000 square foot property is estimated to cost $70/sq. to rebuild and is 10 years old in a 50 year economic life, what

If a 2000 square foot property is estimated to cost $70/sq. to rebuild and is 10 years old in a 50 year economic life, what would be the value based on the cost approach? The land is valued at $30,000.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

Step: 3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Analysis for Financial Management

Authors: Robert c. Higgins

8th edition

73041807, 73041803, 978-0073041803

More Books

Students also viewed these Finance questions

Question

★★★★★

Department-Brooklyn, the second department in a three department production process for NYC Inc., received 15,000 units with a total cost of $45,000 from Department-Bronx during the month of May....

Answered: 1 week ago

Question

★★★★★

4. What are the arguments for spending money to keep existing customers loyal (customer retention)?

Answered: 1 week ago

Question

★★★★★

Susan throws three dice and Andrew also throws three dice. What is the probability that they get the same number of sixes?

Answered: 1 week ago

Question

★★★★★

In Integrative Case 10.1, we projected financial statements for Starbucks for Years +1 through +5. In this portion of the Starbucks Integrative Case, we use the projected financial statements from...

Answered: 1 week ago

Question

★★★★★

Given the Access query below, which statement is correct ( i . e . , what is the goal of this query? ) Group of answer choices Patients who have bronchitis. Patients who live in Atlanta. Paients who...

Answered: 1 week ago

Question

★★★★★

help pls! [The following information applies to the questions displayed below.] Simon Company's year-end balance sheets follow. The company's income statements for the Current Year and 1 Year Ago,...

Answered: 1 week ago

Question

★★★★★

11. [p. 15] What is the equation preload and bolt size? used to calculate required Calculate fastener the tightening torques for the 20 fastener, a grade 8, -20 fastener and a grade 8, 14-28 faster...

Answered: 1 week ago

Question

★★★★★

Comfort with public disagreement is a big source of conflict on cross-cultural teams. Members from cultures that place a high value on "face" and group harmony may be averse to confrontation because...

Answered: 1 week ago

Question

★★★★★

Barilla Case: Which of the following contributed significantly to the weekly order fluctuation Barilla was experiencing? (Choose all that apply) Group of answer choices Lack of trust (history of...

Answered: 1 week ago

Question

★★★★★

7- Figure P6-28 shows a quick-return mechanism with dimensions. Calculate the velocities of points A, B, and C and the velocity of slip for the position shown. 2 = 10 rad/s CCW. L2-1.00 in L4 4.76...

Answered: 1 week ago

Question

★★★★★

Slugworth Candies, LLC, candy-making company that employs around 390 people. The company is composed of seven departments: Executive Staff (40), Human Relations (5), Finance and Accounting (10),...

Answered: 1 week ago

Question

★★★★★

Perfect Pet Collar Company makes custom leather pet collars. The company expects each collar to require 2.15 feet of leather and predicts leather will cost $3.80 per foot. Suppose Perfect Pet made 65...

Answered: 1 week ago

Question

★★★★★

If you were setting up open-book management in your business, what would you teach employees to make it work? Appendix

Answered: 1 week ago

Question

★★★★★

Explain the difference between cash and accrual accounting. Appendix

Answered: 1 week ago

Question

★★★★★

Define the term leverage as it applies to accounting. Appendix

Answered: 1 week ago

Previous Question Next Question