Pleasant Hills Properties Is Developing a Golf Course Subdivision That

question 95

Multiple Choice

Pleasant Hills Properties is developing a golf course subdivision that includes 250 home lots;100 lots are golf course lots and will sell for $95,000 each;150 are street frontage lots and will sell for $65,000.The developer acquired the land for $1,800,000 and spent another $1,400,000 on street and utilities improvement.Compute the amount of joint cost to be allocated to the golf course lots using value basis.

• A)$1,920,000.
• B)$720,000.
• C)$1,620,800.
• D)$1,579,200.
• E)$1,080,000.

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Definitions:

World Systems

A sociological perspective that analyzes societies in terms of their position within global economic and political systems.

Micro-Level Troubles

Issues or problems experienced by individuals or small social groups, often contrasted with large-scale societal issues.

Macro-Level Troubles

Large-scale social problems that affect large parts of society, often related to the structure and functioning of social institutions.

Macro-Micro Continuum

A spectrum in sociological theory that examines phenomena ranging from large-scale societal structures (macro) to individual actions and interactions (micro).