Evaluating the two bids

Assignment Help Accounting Basics
Reference no: EM13144798

Due to the population change, the Goose Creek School District has decided to close one of its high schools. Since it has no further need of the property, the school is listed for sale. It received two bids. One was from the United Methodist Church for $1,700,000; the other was from Planet Motors for $1,600,000. The United Methodist Church would use the property to establish a sectarian middle school. Planet, a well-known car dealership, would revamp the property and operate it as a branch location.

If you were a member of the School District board, what factors would you consider in evaluating the two bids?

Reference no: EM13144798

Questions Cloud

Calculate the category means and the grand mean : The data obtained from the 30 respondents are shown in the table. Calculate the category means and the grand mean. Show Calculations. Calculate SSy, SSx, and SSerror. Show Calculations.
Determine tonya adjusted gross income : Tonya had the following items for last year: Determine Tonya's adjusted gross income for the current year?
What is edward adjusted gross income : Edward operates an illegal drug-running business and has the following items of income and expense. What is Edward's adjusted gross income from this operation?
Find sufficient evidence to reject the null hypothesis : If the average importance were computed for each group, would you expect the sample means to be similar or different? What was the total sample size in this study?
Evaluating the two bids : If you were a member of the School District board, what factors would you consider in evaluating the two bids?
What is the total number of moles of ca needed : Given the reaction: Ca + 2H2O -> CA(OH)2 +H2  What is the total number of moles of Ca needed to react completely with 4.0 moles of H2O?
How many chromatids are visible at end of mitotic prophase : If an organism has a diploid number of 16, how many chromatids are visible at the end of mitotic prophase?
What are degrees of freedom associated with test statistic : The students were asked to evaluate the effectiveness of the format on an 11-point scale (1 = poor, 11 = excellent). What are the degrees of freedom associated with the test statistic?
What is the actual function of the supraspinatus muscle : what is the actual function of the supraspinatus muscle?

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd