Chicago is realizing a boom in an area of low priced housing with beautiful old trees. The location is reasonably close to public transportation and within a short ride of downtown office buildings. Many buyers are buying up these old, low priced homes and bulldozing them down. They are then building new $500,000 homes on the sites. This is an indication of what principle of value?

If the ceo of a large, diversified, firm were filling out a fitness report on a division manager (i.e., "grading" the manager), which of the following situations would be likely to cause the manager to receive a better grade? in all cases, assume that other things are held constant.a. the division's basic earning power ratio is above the average of other firms in its industry.b. the division's total assets turnover ratio is below the average for other firms in its industry.c. the division's debt ratio is above the average for other firms in the industry.d. the division's inventory turnover is 6, whereas the average for its competitors is 8.e. the division's dso (days' sales outstanding) is 40, whereas the average for its competitors is 30.