Searching for jobs and locating companies is just the start of finding employment

A small apartment property is estimated to have potential gross income of $ 25,000. Vacancy and collection losses are expected t

Bezzdna [24]

Answer:

the market value of the property would be $138,542.

Explanation:

To calculate the market value of the property , we need to divide the net operating income by the capitalization rate, in the question we have been given the capitalization rate but the operating income is not available to us. So with the help of given potential gross income we will calculate the effective gross income and then from it we will calculate the net operating income, lets see how to do step wise calculation -

POTENTIAL GROSS INCOME - $25,000

(-) VACANCY AND COLLECTION LOSSES = 5% X $25,000

= $1250

EFFECTIVE GROSS INCOME = $23,750

Now from this we will subtract the operating expenses to get net operating income -

EFFECTIVE GROSS INCOME = $23,750

(-) OPERATING EXPENSES = 30% X $23,750

= $7125

NET OPERATING INCOME = $16,625

Now for calculating market value putting these value sin the formula -

NET OPERATING INCOME / MARKET CAPITALIZATION RATE

= $16,625 / 12%

= $138,541.66

= $138,542 ( APPROXIMATELY )

7 0

4 years ago

Which is an example of a withholding you might see on your pay stub?

vazorg [7]

<span>health insurance
retirement savings</span>

3 0

3 years ago

Read 2 more answers

Which of the following constraints correctly describe this requirement: The management also requires produce at least one kg of

Leviafan [203]

Answer:

a. 5X1 + X 2 ≥ 0

Explanation:

Product 2 = X2

Product 1 = X1

Mass in kg of product (X1) = 5

Mass in kg of product (X2) ≥ 1 (atleast 1 kg)

Combining these Constraint :

For every 5kg of X1 ; X2 ≥ = 1

Hence ;

5X1 + X2 ≥ 0

8 0

3 years ago

Read the section "The Effect of Price on Number of Suppliers." What support does the reading give for the idea that the music in

uranmaximum [27]

The effect of the demand and supply chain can be seen in the highly volatile nature of the music industry.

Explanation:

The principles are highly accurate for many industries that are given in the article "The Effect of Price on Number of Suppliers."

This is effectively about the demand and supply chain and one can see how this applies to the people in the music industry who have to deal with these overhauls.

The industry is largely volatile and there are trends that come and go in a couple of years and with them go away whole labels and and artist.

The people who survive are the ones that adapt and do not go all in on one trend or another.

This one can even see in other business practices.

5 0

3 years ago

Crane Enterprises reported cost of goods sold for 2020 of $1,290,700 and retained earnings of $4,708,100 at December 31, 2020. C

Grace [21]

Answer:

Adjusted Cost of Goods sold = $1,206,860
Adjusted Retained Earnings = $4,675,190

Explanation:

An overstated opening inventory would overstate Cost of Goods sold. The overstatement should therefore be removed from the Cost of goods sold.

An overstated closing inventory would understate Cost of Goods sold. The overstatement should therefore be added to the Cost of Goods sold.

Adjusted Cost of Goods sold 2020 = Cost of Goods sold + 2020 ending inventory - 2019 opening inventory

= 1,290,700 + 32,910 - 116,750

= $1,206,860

Adjusted Retained earnings

The retained earnings would have to be adjusted for the overstatement of the current inventory by $32,910 because this understated Cost of Goods sold.

= Retained earnings - Overstatement of inventory

= 4,708,100 - 32,910

= $4,675,190

8 0

3 years ago