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All land within the municipality of Springfield is zoned for either agricultural, residential or commercial use. You have just purchased a parcel of agricultural land for $20,000 in the expectation that it will be rezoned next year. But the rezoning is controversial, and will be decided by the full City Council rather than just the Zoning Commission. According to your inside sources, there’s a 30% chance the land will be rezoned for commercial use; in that event, you’ll be able to sell the land for $50,000. But the populists on the Council are pushing for more affordable housing; if they win the vote, which your sources think has a likelihood of 50%, then the land will be rezoned for residential use, and you’ll only be able to sell it for $30,000. Of course, the Greens may win, and the land won’t be rezoned at all. In that event, it will still be worth what you paid for it, but no more than that. You’ve just been approached by Mr. Hi Roller. He’s a land speculator like yourself, but he doesn’t have your inside sources. He thinks the land will be rezoned next year, and has offered you $30,000 cash for it, right now. Which alternative should you choose? Explain your decision process in detail.
Wholemark is an Internet order business that sells one popular New Year greeting card once a year. The cost of the paper on which the card is printed is $0.10 per card, and the cost of printing is $0.25 per card. The company receives $4.15 per card s..
As the grading for the Current Events Ethics Analysis Assignment is criterion-based, you need to carefully read the assignment description (quoted below) and follow it like a checklist to make sure you address all assignment criteria. You can choose ..
What are the reasons for appraising team performance within the engineering sector?
In being hired a job, the most important factors is likely to be_____, but to be promoted, a person needs____
A monopolist sells Product A and Product B. A unit of Product A costs 5 dollars to procure while a unit for Product B costs 10 dollars to procure.
What are the performance objectives of operations and what are the internal and external benefits which derive from excelling in each of them ?
Do your work on scratch paper and transfer your two RN tables and your five daily sales tables NEATLY onto this page, please be clear, putting your calculations for the average at the bottom of the sheet clearly marked
The classified department of a monthly magazine has use a combination of qualitative and quantitative methods to forecast sales of advertising space. results over a 20 month period are as follows.
A college senior must choose between two alternatives: going for an MBA or taking a full-time entry position right after graduation. She thinks that she has 0.7 probability of completing the MBA. In a year If she completes the MBA, she believes that ..
Rick wing has a repetitive manufacturing plant producing automobile steering wheels, use the following date to prepare for a reduce lots size , the firm uses a work year of 295 days ; Find the setup cost and setup time
Assume that your selected agency received funding to expand its current emergency plan, which involves the Department of Corrections and Department of Juvenile Justice. Provide a one-page email memorandum that introduces the plan, the role of the ..
Draft a performance appraisal for a person serving in the role of human resource director. What examples would you need to support the rates you gave for performance on each of the goals.
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