Pleasant Hills Properties Is Developing a Golf Course Subdivision That

question 102

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.(Round your intermediate percentages to 2 decimal places.)

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

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Definitions:

Sympathetic

Part of the autonomic nervous system that prepares the body for stress-related activities, often referred to as the "fight or flight" response.

Parasympathetic

The part of the autonomic nervous system that conserves energy by slowing the heart rate and increasing intestinal and gland activity.

Thoracolumbar Division

A region of the spine made up of the thoracic and lumbar vertebrae, often referred to in studies relating to spinal injuries or abnormalities.

Sympathetic

Refers to the part of the autonomic nervous system that prepares the body for rapid response to stress or danger.