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The state of Ohio has passed a law requiring that every automobile be inspected at least once a year for pollution control.Anson Enterprises is considering entering into this type of business.After extensive studies,Mark Anson has developed the following set of projected annual data on which to make his decision: Anson believes that his company will inspect 100,000 automobiles per year.The company earns an average of 18.75 percent return on its assets.
-The projected cost for inspecting each automobile would be
Mortgage Value
The amount of money lent by a mortgagee (lender) to a mortgagor (borrower) for which the property is used as security.
Purchase Price
The amount of money paid to buy a particular product or service.
Bill of Sale
A legal document that transfers ownership of an asset from a seller to a buyer.
Closing Documents
The final and legally binding paperwork executed at the close of a real estate transaction, loan agreement, or other contractual obligation.
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