Calculate the sale price as a percentage of listed price

Assignment Help Accounting Basics

Reference no: EM131922982

Question: 1. Builder Arnold is considering the acquisiton of two acre parcel of land in a rural area. ACCORDING TO TWONSHIP officials, the property can be severed into three equal parcels, provided that a 10% allocation for a footpath is deeded to the townships. Which of the following is the correct square footage for each of the three parcels?

A.26,136 sqaure feet

b.78,408 sqaure feet

c.13,068 square feet

d.29,040 sqaure feet

2. Sale person Martin is prEparing a listing presentation and is comparing three sales. House A, listed at $137,500, ultimately sold for $4,100 less. House B, listed at $136,000, sold for $133,900 and House C, listed at $134,600, sold for $3,050 less. For each sale calculate the sale price as a percentage of listed price and rank three sales from highest to lowest percentage.

a.House C, House A, House B

b.House A, House B, House C

C.House B, House C, House A

d.House B, House A, House C

Reference no: EM131922982

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