Question
If you purchased a house for 100,000, and after work and renovations costing 50,000, it was sold for 175,000 (but 15,000 was paid to an
If you purchased a house for 100,000, and after work and renovations costing 50,000, it was sold for 175,000 (but 15,000 was paid to an agent for selling expenses and legal costs). What is the Return on Investment (ROI) for this house sale?
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6.67%
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106.67%
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10%
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0.067%
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16.67%
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Contemporary Auditing Real Issues And Cases
Authors: Michael C. Knapp
8th Edition
0538466790, 9780538466790
