Ask Question
BusinessBusiness
29 January, 13:17

A property is listed for sale at $235,000. A buyer's offer of $220,000 is rejected by the seller. Six months later, the seller reduces the price to $225,000. Another buyer offers $210,000, and the seller accepts because the seller has found another house to buy and needs to close quickly. The property is subsequently appraised at $215,000. Which of these figures MOST accurately represents the property's market price? A. 210,000B. 215,000C. 225,000D. 235,000

+2
Answers (1)
  1. 29 January, 15:28
    0
    Ok, so not too sure if this will answer you're question, but let's give it a go anyway. Approach this question with logic, though the original asking price was 235k it sold for 210k. Subsequently this would make the market value of the property 210k.

    I believe the answer is A or $210,000
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “A property is listed for sale at $235,000. A buyer's offer of $220,000 is rejected by the seller. Six months later, the seller reduces the ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers
You Might be Interested in
Preferred stock may have priority over common stock except in
Answers (1)
WRT, a calendar year S corporation, has 100 shares of outstanding stock. At the beginning of the year, Mr. Wallace owned all 100 shares. On September 30, he gave 25 shares to his brother and 40 shares to his daughter.
Answers (1)
The forum corporation identifies three characteristics of successful leaders:
Answers (1)
Mengapa seorang manajer perlu mengetahui dan memahami konsep biaya?
Answers (1)
On December 31, Year 3 Snack, Inc. adjusted its records to recognize $5,000 of accrued salaries. Based on this information alone. A. the balance sheet at the beginning of Year 4 would show $5,000 of accrued salaries expense. B.
Answers (1)
New Questions in Business
Beth has just been hired as a cocktail waitress. she must be certified as a seller-server within:
Answers (1)
Ashbury Corporation reports 2016 and 2017 total revenues of $90.0 million and $100.8 million respectively. If we expect prior growth to persist, we would forecast a revenue growth rate of:A. 15%B. 12%C. 24%D. 9%E. None of the above
Answers (1)
At the beginning of the year, Smith, INc., budgeted the following: Units: 10,000 Sales: $100,000 Total variable expenses: $ 60,000 Total fixed expenses: $ 20,000 Variable factory overhead $ 30,000 Fixed factory overhead: $ 10,000 There were no
Answers (1)
Super Saver Groceries purchased store equipment for $35,500. Super Saver estimates that at the end of its 10-year service life, the equipment will be worth $3,500.
Answers (1)
What information goes into a credit score
Answers (1)
Home » Business » A property is listed for sale at $235,000. A buyer's offer of $220,000 is rejected by the seller. Six months later, the seller reduces the price to $225,000.
Sign Up Forgot Password?