Examen
REE 4103 CH 29_ Calculate Questions with 100% correct answers | verified | latest update 2024
- Cours
- Établissement
REE 4103 CH 29_ Calculate Questions with 100% correct answers | verified | latest update 2024
[Montrer plus]
Vendeur
S'abonner
AnswersCOM
Avis reçus
Aperçu du contenu
REE 4103 CH 29: CalculateA 30-year-old buidling with an effective age of 20 years has a total life expectancy of 50
years. How much depreciation has occurred?
A. 10%
B. 20%
C. 40%
D. 60% - ANS-40%
A property sold for $125,000 in a cash sale. It was 12 years old and had a site value of
$30,000. The reproduction cost of the building improvements was $102,350. What is the
amount of depreciation overall?
A. 6.50%
B. 7.18%
C. 7.56%
D. 8.85% - ANS-7.18%
Based on the data in the following example, what is the approximate average annual
rate of depreciation?
Apartment house sale price $450,000
Estimated site value $ 50,000
Estimated Reproduction cost $500,000
Effective age 20 years
A. 1.5% per year
B. 2.0% per year
C. 1.0% per year
D. 10% per year - ANS-1.0% per year
Cost Approach:
Residence:
2,000 square feet $100/sf cost to build
Basement:
1,000 square feet $50/sf cost to build
Garage:
750 square feet $75/sf cost to build
,Screened porch:
400 square feet $25/sf cost to buid
Short-lived items:
HVAC $10,000 new effective age of 5 years life expectancy of 25 years
Plumbing Fixtures $20,000 new effective age of 5 years life expectancy of 30 years
Lighting Fixtures $15,000 new effective age of 5 years life expectancy of 30 years
Roof covering $12,000 new effective age of 5 years life expectancy of 25 years
Carpet/Vinyl $7,000 new effective age of 5 years life expectancy of 15 years
No Deferred Maintenance
Long-lived items - effective age of 5 years life expectancy of 70 years
Functional obsolescence - $5,000 in depreciation resulting from bad floor plan
External obsolescence - None.
Market Value of Land = $75,000
The amount of depreciation for the HVAC, Plumbing, Lighting Fixtures, - ANS-20%,
16.7%, 16.7%, 20%, and 33.3% respectively
Cost Approach:
Residence:
2,000 square feet $100/sf cost to build
Basement:
1,000 square feet $50/sf cost to build
Garage:
750 square feet $75/sf cost to build
Screened porch:
400 square feet $25/sf cost to buid
Short-lived items:
HVAC $10,000 new effective age of 5 years life expectancy of 25 years
Plumbing Fixtures $20,000 new effective age of 5 years life expectancy of 30 years
Lighting Fixtures $15,000 new effective age of 5 years life expectancy of 30 years
Roof covering $12,000 new effective age of 5 years life expectancy of 25 years
Carpet/Vinyl $7,000 new effective age of 5 years life expectancy of 15 years
No Deferred Maintenance
Long-lived items - effective age of 5 years life expectancy of 70 years
Functional obsolescence - $5,000 in depreciation resulting from bad floor plan
External obsolescence - None.
Market Value of Land = $75,000
The cost new of all items is:
, A. $251,700
B. $316,250
C. $300,000
D. - ANS-$316,250
Cost Approach:
Residence:
2,000 square feet $100/sf cost to build
Basement:
1,000 square feet $50/sf cost to build
Garage:
750 square feet $75/sf cost to build
Screened porch:
400 square feet $25/sf cost to buid
Short-lived items:
HVAC $10,000 new effective age of 5 years life expectancy of 25 years
Plumbing Fixtures $20,000 new effective age of 5 years life expectancy of 30 years
Lighting Fixtures $15,000 new effective age of 5 years life expectancy of 30 years
Roof covering $12,000 new effective age of 5 years life expectancy of 25 years
Carpet/Vinyl $7,000 new effective age of 5 years life expectancy of 15 years
No Deferred Maintenance
Long-lived items - effective age of 5 years life expectancy of 70 years
Functional obsolescence - $5,000 in depreciation resulting from bad floor plan
External obsolescence - None.
Market Value of Land = $75,000
The cost new of all the long-lived items is:
A. $303,674
B. $252,250 - ANS-$252,250
Cost Approach:
Residence:
2,000 square feet $100/sf cost to build
Basement:
1,000 square feet $50/sf cost to build
Garage:
Les avantages d'acheter des résumés chez Stuvia:
Qualité garantie par les avis des clients
Les clients de Stuvia ont évalués plus de 700 000 résumés. C'est comme ça que vous savez que vous achetez les meilleurs documents.
L’achat facile et rapide
Vous pouvez payer rapidement avec iDeal, carte de crédit ou Stuvia-crédit pour les résumés. Il n'y a pas d'adhésion nécessaire.
Focus sur l’essentiel
Vos camarades écrivent eux-mêmes les notes d’étude, c’est pourquoi les documents sont toujours fiables et à jour. Cela garantit que vous arrivez rapidement au coeur du matériel.
Foire aux questions
Qu'est-ce que j'obtiens en achetant ce document ?
Vous obtenez un PDF, disponible immédiatement après votre achat. Le document acheté est accessible à tout moment, n'importe où et indéfiniment via votre profil.
Garantie de remboursement : comment ça marche ?
Notre garantie de satisfaction garantit que vous trouverez toujours un document d'étude qui vous convient. Vous remplissez un formulaire et notre équipe du service client s'occupe du reste.
Auprès de qui est-ce que j'achète ce résumé ?
Stuvia est une place de marché. Alors, vous n'achetez donc pas ce document chez nous, mais auprès du vendeur AnswersCOM. Stuvia facilite les paiements au vendeur.
Est-ce que j'aurai un abonnement?
Non, vous n'achetez ce résumé que pour $7.99. Vous n'êtes lié à rien après votre achat.
Peut-on faire confiance à Stuvia ?
4.6 étoiles sur Google & Trustpilot (+1000 avis)
63950 résumés ont été vendus ces 30 derniers jours
Fondée en 2010, la référence pour acheter des résumés depuis déjà 15 ans
Récemment vu par vous
Examen ·
Testbank for Professional Nursing Practice Concepts Perspectives 7th edition Blais Hayes
Examen ·
AMCA CERTIFICATION TEST - MEDICAL ASSISTING STUDY GUIDE - SET A with Complete Solutions (2023)
Examen ·
BIOLOGICAL SCIENCE 2Ed-Canada by Scott Freeman Ch46-Animal Sensory Systems and Movement.
Examen ·
CPCE Appraisal Test Questions and Asnswers Latest 2024/2025 Already Passed! GRADED A+
Resume ·
Samenvatting Toegepaste organisatiekunde, ISBN: 9789001876975 Organisatiekunde Hoofdstuk 8
Examen ·
World Scholar's Cup Challenge Practice 2024 Exam Questions With 100% Correct Answers
Examen ·
NEBOSH General Certificate NG1-Element 4:Health and Safety Monitoring and Measuring
Examen ·
Chapter 24: Rural and Migrant Health Nies: Community/Public Health Nursing, 7th Editio
