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2 years ago

an apartment building that sold for $780,000 had a monthly gross income of $8,000. what is its monthly gross rent multiplier?

Business

1 answer:

notka56 [123]2 years ago

5 0

97.5

$780,000 ÷ $8,000 = 97.5 GRM

GRM means the Grievance Redress Mechanism prepared as could also be agreed between the Parties for the aim of resolving gross rent social issues or grievances arising out of or in reference to the Project Framework Documents.

In order to work out the gross rent multiplier, you'd divide the value of the property by its gross income. As an example, if a property is selling for $5,000,000 and it produces a Gross income of $820,000, the GRM would be $5,000,000 divided by $820,000 which ends during a value of 6.09.

Global Response Management (GRM) may be a veteran-led international medical NGO registered within the u. s. as a 501(c)(3) organization. A "good" GRM depends heavily on the kind of rental market within which your property exists.

A percent defined because the monthly expected rent for a property divided by terms of the property. The lower the rent to value ratio, the higher an investment. A perfect rent to value ratio is 0.7%, and 1% or higher is great.

learn more about gross rent: brainly.com/question/14421244

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Flannigan Company manufactures and sells a single product that sells for $450 per unit; variable costs are $270. Annual fixed co

mojhsa [17]

Answer: The break even point in dollars is $2,000,000.

We calculate the break even point (BEP) in dollars as follows:

$\mathbf{BEP = \frac{Fixed Costs}{Contribution Margin Ratio}}$

We calculate Contribution Margin ratio as :

$\mathbf{Contribution Margin Ratio = \frac{Sales - Variable Costs}{Sales}}$

$\mathbf{Contribution Margin Ratio = \frac{450 - 270}{450}} = 0.4$

Substituting the Contribution Margin Ratio in the break even point formula we get,

$\mathbf{BEP = \frac{800000}{0.4}}$

BEP = $2,000,000

7 0

4 years ago

Greg, a supervisor, is known by his managers to be sharp in his decisions and has a good track record of meeting his goals. greg

professor190 [17]

The answer to this question is: Effective manager
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4 years ago

Some high-end retail stores that distribute mail-order catalogs will prominently offer some very high priced goods for sale (for

g100num [7]

Option C

This practice is an example of: anchoring

<h3><u>Explanation:</u></h3>

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3 0

3 years ago

I want to have a college fund for my daughter. She is 5, so I have 13 years to achieve my goal of $50,000. The bank says I can e

Tju [1.3M]

Answer:

$2960 yearly savings

Explanation:

From the values given and from mathematical manipulation, he or she needs a contribution of at least $2900 every year in order to achieve his goal of $50,000.

EXPLANATION

If the child is 5yr old now, in 13years time, she will be 18yr old.

$2950 target yearly

for the next 13years, it would have amount to $38350

remember the bank will give an annual interest rate of 2%

so for 13years, that's 26% = 0.26

In the 13th year, he would have saved $38350, add the 26% interest for the duration of 13years = 26% x $38350 + $38350 = $48321

His savings will fall between $2950 - $2960 yearly.

3 0

3 years ago

Amherst Metal Works produces two types of metal lamps. Amherst manufactures 20,000 basic lamps and 5,000 designer lamps. Its sim

Ostrovityanka [42]

Answer:

Total Budgeted Costs = $ 450,000

Total Costs 515,000

Explanation:

Manufacturing Overhead Budgeted 234,000

Budgeted manufacturing labor hours 13,000

Budgeted MOH rate per manufacturing labor-hour = 234,000/13,000= $ 18

Basic lamps 20,000 units

Total Budgeted Costs = 18*20,000= 360,000

Unit Costs Total Costs

Direct materials 9.00 180,000

Direct manufacturing labor 10.00 200,000

Total Per unit 19.00 380,000

Total direct costs 180,000

Indirect costs allocated 200,000

Total costs $ 380,000

Designer lamps 5,000 units

Total Budgeted Costs = 18*5,000= 90,000

Unit Costs Total Costs

Direct materials 15.00 75,000

Direct manufacturing labor 12.00 60,000

Total Per unit 27.00 135,000

Total direct costs 75,000

Indirect costs allocated 60,000

Total costs $ 135,000

Basic Designer Total

Total Direct Materials 180,000 75000 255,000

Direct Labor 200,000 60,000 260,000

Total Budgeted Costs = 360,000+ 90,000= $ 450,000

Total Costs =255,000+ 260,000= $ 515,000

5 0

3 years ago