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ruslelena [56]
3 years ago
7

In a high rise 100-unit apartment building there is a basement laundry area that brings in $100 monthly from the concessionaire.

the laundry income is:
Business
2 answers:
spin [16.1K]3 years ago
8 0

miscellaneous income and added to the potential gross income.

MatroZZZ [7]3 years ago
5 0
Miscellaneous income and added to the potential gross incomee
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Use the following information to answer the next three questions.
nalin [4]

Answer:

The  alignment of numbers in the first part of the question is off. However, you solve this question as shown below. The correct answer is C. $1,124.

Explanation:

This is a one-time cashflow type of question where the principal amount is invested once and no other addition is made to the account. You use the future value formula to solve the result of the compounding effect at year 3.

FV formula;

FV = PV(1+r)^n

PV = 800

discount rate; r = 12% or 0.12

total duration of investment; n = 3

therefore; FV = 800(1+0.12)^3

FV = 800 * 1.404928

FV = 1123.94

To the nearest whole dollar, the amount will grow to $1,124

6 0
3 years ago
To the extent that employers conduct a social media background check on job candidates, best practices are all of the following
Grace [21]

Answer:

Limit access to private information by friending someone

Explanation:

When conducting recruitment of an individual employers sometimes do background checks on the person's social media information.

There however needs to be consideration of the person's privacy in doing this.

There should be use of only publicly available information, background check can be done by a third party that is not making hiring decision, and do not request username and password for social media platforms.

It is not best practice to befriend a person on social media in order to obtain their private information.

8 0
3 years ago
How do you answer this question?
Vikentia [17]

Answer:

by writing the answer

Explanation:

I would advise figuring the question out first.

7 0
3 years ago
Marginal​ cost-benefit analysis and the goal of the firm Ken​ Allen, capital budgeting analyst for Bally​ Gears, Inc., has been
True [87]

Answer:

1) The marginal​ (added) benefits of the proposed new robotics.

560,000 - 400,000 = 160,000

2) The marginal​ (added) cost of the proposed new robotics.

220,000 - 70,000 = 150,000

3) The net benefit of the proposed new robotics.

160,000 - 150,000 = 10,000

4) What should Ken recommend that the company​ do? Why?

Replace the existing robotics because the net profit is positive

5) What factors besides the costs and benefits should be considered before the final decision is​ made?

A. Whether there will be additional training necessary with the new robotics.

B. Whether even better robotics may be available in a short while.

C. What will be the energy consumption of the new robotics.

5 0
3 years ago
Explain how firms decide how much labor to hire to produce a certain level of output
ss7ja [257]

The firms focus on improving marginal returns. Apart from this, they focus on specialization which increases the output. The amount of labor the firm plans to hire depends on the level of output it requires. The firm keeps adding new workers until output reaches its crest or peak.

7 0
3 years ago
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