1,300 sq.f.t building costs $110 per sq.ft to build new. Depreciation is estimated to be 10%. The land is estimated at $40,000. What is the value estimated by the cost approach? a. $190,114 b. 211,326 c. 138,358 d. 109,119 e. 168,700
1,300 sq.f.t building costs $110 per sq.ft to build new. Depreciation is estimated to be 10%. The land is estimated at $40,000. What is the value estimated by the cost approach? a. $190,114 b. 211,326 c. 138,358 d. 109,119 e. 168,700
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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$1,300 sq.f.t building costs $110 per sq.ft to build new.
a. $190,114
b. 211,326
c. 138,358
d. 109,119
e. 168,700
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