Suppose you gathered the following information: Property A sold 9 months ago for $410,000 and Property B sold 12 months ago for $405,000. If the two properties were sold today at $425,00 and $465,000, respectively. a). What is the average monthly rate of increase that can be used to adjust comparable prices for changes in market conditions?
b). Based on your answers to part a, and given the following information, determine the final appraisal value of the subject property.
Adjustments
Market conditions from part a.
Lot size $25,000 (per acre)
Effective age (years) $1,000 (per year)
Living area (sq. ft) $45.00 (per sq. ft.)
Bath $1,250 (per bath)
Bedrooms $3.000 (per bedroom)
Subject Property Comparable Property
Time sold Today 9 months ago
Lot size (acres) 0.83 0.80
Effective age (years) 8 7
Living area (sq. ft) 2,197 2.383

Suppose an economy consists of three sectors: energy (e), manufacturing (m), and agriculture (a). sector e sells 70% of its output to m and 30% to a. sector m sells 30% of its output to e, 50% to a, and retains the rest. sector a sells 15% of its output to e, 30% to m, and retains the rest.

You are chairman of the board of a successful technology firm. there is a nominal federal corporate tax rate of 35 percent, yet the effective tax rate of the typical corporation is about 12.6%. your firm has been clever with use of transfer pricing and keeping money abroad and has barely paid any taxes over the last 5 years; during this same time period, profits were $28 billion. one member of the board feels that it is un-american to use various accounting strategies in order to avoid paying taxes. others feel that these are legal loopholes and corporations have a fiduciary responsibility to minimize taxes. one board member quoted what the ceo of exxon once said: “i’m not a u.s. company and i don’t make decisions based on what’s good for the u.s.” what are the alternatives? what are your recommendations? why do you recommend this course of action?

Cherokee inc. is a merchandiser that provided the following information: amount number of units sold 20,000 selling price per unit $ 30 variable selling expense per unit $ 4 variable administrative expense per unit $ 2 total fixed selling expense $ 40,000 total fixed administrative expense $ 30,000 beginning merchandise inventory $ 24,000 ending merchandise inventory $ 44,000 merchandise purchases $ 180,000 required: 1. prepare a traditional income statement. 2. prepare a contribution format income statement.