The step in which the appraiser arrives at a final opinion of value is called
a. equilibrium.
b. reconciliation.
c. substitution.
d. equalization.
Answer: b. reconciliation.
Business
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Variable costs $250,000 Fixed costs $450,000 ROI 14% Investment $2,000,000 Sales 200,000 units What would the markup percentage be if only 150,000 units were sold and Brislin still wanted to earn the desired ROI? a) 32.95% b) 53.33% c) 44.00% d) 35.0%
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When determining delivery of a message, a general rule of thumb is "the sooner the better."
Indicate whether the statement is true or false.
Business