The GIM suggested for the 14-unit property is 8.
Data and Calculations:
16 units 12 units 4 units
Selling price $1,200,000 $960,000 $480,000
Gross income $150,000 $120,000 $48,000
Gross Income Multiplier 8 8 10
A 14-unit apartment building's suggested GIM = 8
A property's gross income multiplier (GIM) measures the property value by dividing the property's sale price by its gross annual rental income.
Thus, the GIM suggested for the 14-unit property is <em>8.</em>
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Answer:
Acceptability
Explanation:
Performance appraisal is also called performance review or performance evaluation is the process by which the performance of a person is evaluated based on certain key performance indices.
When appraisals are conducted it must be acceptable to the company's employees to be successful. If employees do not trust the appraisal method then it is bound to fail.
However when employees feel an appraisal is fair they accept the feedback from the process and work to improve their performance.
Answer:
It is the sole responsibility of supervisors.
Explanation:
Strategic planning includes setting objectives or goals and allocating resocurces to achieve set goals. The goals could be long or short term.
Strategic planning can span for years.
The strategic goals would vary from company to company because the aims and objectives of companies differ.
I hope my answer helps you.
Answer:
$27.2
Explanation:
First we have to calculate the total estimated manufacturing overheads which shall be determined as follows:
Estimated total manufacturing overheads=Variable manufacturing overhead+ Fixed manufacturing overheads
Variable manufacturing overhead=Estimated labour hours*manufacturing overhead per labour hour
=75,000*$10.70=$802,500
Fixed manufacturing overheads=$1,237,500
Estimated total manufacturing overheads=$802,50+$1,237,500
=$2,040,000
Now we will compute the predetermined overhead rate which shall be determined using the following formula:
Predetermined overhead rate=Estimated total manufacturing overheads/Estimated labour hours
Predetermined overhead rate=$2,040,000/75,000=$27.2
Answer:
b)
Explanation:
Based on the scenario being described within the question it can be said that the most efficient fix for this error would be to use Find and Replace. This is a feature that allows you to type the error that you made, and the console will find every instance of that error throughout the entire document and change each iteration to whatever you want.