A new and improved nonresidential property just sold for $ 2 3 5 , 0 0 0

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A new and improved nonresidential property just sold for $

235, 000 .

Direct construction costs were $

126, 000,

and indirect costs were

15 %

of direct costs. Builder's over head and profit were

25 %

of total costs. What is the land value by extraction rounded to the nearest $

5000 . Calculate.

Related Book For answer-question

Elementary Statistics In Social Research Essentials

ISBN: 9780205638000

3rd Edition

Authors: Jack A. Levin, James Alan Fox

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Posted Date: Jan 25, 2024 06:28 AM

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A new and improved nonresidential property just sold for $ 2 3 5 , 0 0 0

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Expert Answer:

To find the land value by extraction we will follow these steps 1 The property sold for 235000 2 Dir... View the full answer

Elementary Statistics In Social Research Essentials

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