What adiusted value should you use for Comp A?

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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You're doing a CMA on a two-bed, two-bath
property with a pool. In your area, bedrooms are
worth $15,000, bathrooms $7,000, and pools
$10,000. Comp A is a three-bedroom, two-bath
property without a pool that sold recently for
$350,000.
What adiusted value should you use for Comp
A?
$345,000
$355,000
$340,000
$325,000
Transcribed Image Text:You're doing a CMA on a two-bed, two-bath property with a pool. In your area, bedrooms are worth $15,000, bathrooms $7,000, and pools $10,000. Comp A is a three-bedroom, two-bath property without a pool that sold recently for $350,000. What adiusted value should you use for Comp A? $345,000 $355,000 $340,000 $325,000
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