Pleasant Hills Properties Is Developing a Golf Course Subdivision That

question 160

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

Understand the concept and implications of ethical dilemmas in business.

Identify and apply the Golden Rule in ethical decision-making.

Recognize and differentiate between primary values, including freedom.

Distinguish between ethical standards, values, and ideations in a business context.

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Definitions:

Metacarpophalangeal (MCP) Joints

The joints in the hand where the bones of the palm (metacarpals) meet the bones of the fingers (phalanges), facilitating movement.

Lower Jawbone

Also known as the mandible, it is the largest bone in the human jaw and supports the lower teeth.

Occipital Bone

A cranial bone located at the back and lower part of the skull, important for head and brain structure and protection.

Bone Cells

Specialized cells that make up bone tissue, responsible for the creation, maintenance, and repair of bone.