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Bezzdna [24]
3 years ago
13

A 1,500 square foot office space is leased at $12.00 square foot. The space is vacant one month out of the year. Office expenses

are $6.50 per square foot and an expense stop is set at $6.00 per square foot. What is the annual net operating income?
Business
2 answers:
poizon [28]3 years ago
4 0

Answer:

The annual net operating income is: $7,500.

Explanation:

We have:

+ Annual revenue earned from rental fee is only on a 11-month basis as one month out of the year the space is vacant, so annual revenue is calculated as: Areas x price per square foot x 11/12 = 1,500 x 12 x 11/12 = $16,500;

+ Annual expenses stop fee is calculated on a 1-month basis, so it is equal to: stop fee per square foot x square food x 1/12  x area = 6 x 1,500 x 1/12 = $750

+ Annual cost is on 12-month basis, so it is equal to: area x cost per square foot = $9,750

=> Annual net operating income = Annual revenue earned from rental fee + Annual expenses stop fee - Annual cost = 16,500 + 750 - 9,750 = $7,500.

Veronika [31]3 years ago
4 0

Answer:

$ 7500

Explanation:

Calculation of annual net operating income <u><em>(which is usually calculated for every year as far as the entity carries out its business activities for the year. So, so far you are aware of the amount you spend and the amount you earn monthly, all you’ll have to do is to just multiply by twelve to get your annual totals.)</em></u>

annual lease income = 1500*12*11/12

=$ 16500

annual expenses = 1500*$ 6

=$ 9000

annual net income = $ 16500-$ 9000

= $ 7500

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Answer:

b) autonomy

c) meaningful work

e) feedback

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Hitzu Co. sold a copier (that costs $5,500) for $11,000 cash with a two-year parts warranty to a customer on August 16 of Year 1
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Answer:

Answer 1. Warranty expense to be recognized is ($11,000*0.04)=$440

Answer 2. Warranty liability at end of year one is $440

Answer 3. Warranty liability at the end of year two is ($440-$130)=$310

Answer 4.

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To sales $11,000

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To Warranty liability $440

(Warranty recorded at the end of year 1)

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(Repairs done to copier)

3 0
4 years ago
In market economies, firms rarely worry about the availability of inputs to produce their products, whereas in command economies
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<h3>What is a market economy?</h3>

A market economy refers to the economic system where the decisions regarding investment, production, and distribution to the customers.

In a market economy, the allocation of resources by the entrepreneurs across different businesses and production processes is determined by the profits they hope to make by producing output that their customers will value that entrepreneurs paid.

Therefore, C is the correct option.

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Assuming that you wanted to know how to journal this, it would be :

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3 0
3 years ago
The use of effective contracts with penalties could reduce which form of supply chain risk?
Evgen [1.6K]

The use of effective contracts with penalties could reduce the following forms of supply chain risks:

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<h3>What are effective contracts?</h3>

Most contracts only need to contain two elements to be legally effective: the parties must agree (after one party has made an offer and the other has accepted it).

Something of value, such as money, services or goods (or a promise to exchange such goods) must be exchanged for something else of value.

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Full Question

The use of effective contracts with penalties could reduce which form of supply chain​ risk?

A. Distribution

B. Logistic delays or damages

C. Supplier failure to deliver

D. All of the above Question:

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