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If all appraisal methods are appropriate for use in valuing a particular property, there is a clear order of preference that real estate professionals adhere to. Which of the following depicts the preferred order, with the most preferable approach being listed first and the least preferable listed last?
A) Sales comparison approach, cost approach, income approach
B) Income approach, Sales comparison approach, cost approach
C) Cost approach, income approach, sales comparison approach
D) Sales comparison approach, income approach, cost approach
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Pear co.’s income statement for the year ended december 31, as prepared by pear’s controller, reported income before taxes of $125,000. the auditor questioned the following amounts that had been included in income before taxes: equity in earnings of cinn co. $ 40,000 dividends received from cinn 8,000 adjustments to profits of prior years for arithmetical errors in depreciation (35,000) pear owns 40% of cinn’s common stock, and no acquisition differentials are relevant. pear’s december 31 income statement should report income before taxes of
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If all appraisal methods are appropriate for use in valuing a particular property, there is a clear...
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