You Purchased a House for $450,000 and Incurred Additional Costs

question 61

Multiple Choice

You purchased a house for $450,000 and incurred additional costs of $4,000 at the time of the purchase. Because of a job transfer, you were forced to sell the house later for $400,000. The
Selling broker charged a 6% commission, and you estimated that other costs associated with
The sale, both direct and indirect, amounted to $10,000. What was your rate of return on this
Investment?

• A)-19.4%
• B)-21.3%
• C)24.0%
• D)17.9%

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Definitions:

Internal Environment Analysis

The process of examining and evaluating a company's internal capabilities, processes, resources, and factors to identify strengths and weaknesses.

Situation Analysis

An assessment of the internal and external factors influencing an organization’s performance to guide strategic planning.

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Forms of entertainment that incorporate social interaction or are experienced in social contexts, often facilitated by digital platforms.

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