Saved Using the information from the three office building land sales. How much did land sale 1 sell for per square foot? Sales Price Building Size Sale 1 $550,000 Sale 2 $625,000 Sale 3 $650,000 27,500 SF 31,250 SF Land Size 2.50 acres 2.50 acres 32,500 SF 3.25 acres Multiple Choice $4.59 $5.05 $5.74 O I don't know how many square feet there are in one acre. 1 [Chapters 1 to 8)-Connect Help Save & Exit Subr

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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Using the information from the three office building land sales. How much did land sale 1 sell for per square foot?
Sales Price
Building Size
Sale 1
$550,000
Sale 2
$625,000
Sale 3
$650,000
27,500 SF
31,250 SF
Land Size
2.50 acres
2.50 acres
32,500 SF
3.25 acres
Multiple Choice
$4.59
$5.05
$5.74
O
I don't know how many square feet there are in one acre.
1 [Chapters 1 to 8)-Connect
Help
Save & Exit
Subr
Transcribed Image Text:Saved Using the information from the three office building land sales. How much did land sale 1 sell for per square foot? Sales Price Building Size Sale 1 $550,000 Sale 2 $625,000 Sale 3 $650,000 27,500 SF 31,250 SF Land Size 2.50 acres 2.50 acres 32,500 SF 3.25 acres Multiple Choice $4.59 $5.05 $5.74 O I don't know how many square feet there are in one acre. 1 [Chapters 1 to 8)-Connect Help Save & Exit Subr
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