Answer:
$363,000
Explanation:
Calculation for the property’s indicate market value.
First step
Operating Statement
PGI: $66,000
(10 units x $550 x 12 month )
Less: Vacancy Loss(3,300)
(5%*66,000)
EGI:62,700
Less: Operating Expenses
Power$2,200
Heat1,700
Janitor4,600
Water3,700
Maintenance4,800
Management3,000
Reserve for CAPX2,800
Total Operating Expenses$22,800
Net Operating Income$39,900
(62,700-22,800)
Second step is to find the property’s indicate market value.
Using this formula
Market Value=NOI/ Ro
Let plug in the formula
Market Value=$39,900/11.0%
Market Value=$363,000
Therefore the property’s indicate market value is
$363,000
Answer:
The first amendment involves the freedom off free scheech and religion. Meaning that a person can not criticize or not display a person's religion based on your own beliefs or beliefs of others.
Explanation:
Reference possibilities could be
1. http:/guides.library.harvard .edu/
2. Your state website ie Maine.gov mass.gov
3. USA.gov is the federal law
4. Loc.gov is the library of congress
5. 6. Supremecourtus.gov and supremecourts
Gov/opinions for us Supreme Court and recent opinions
7. Law.cornell.edu/citation for legal citations for legal arguments if needed as well as taking the citation out of the address bar to use for finding the law online
8. Http.thelawdictionary.org for legal terms or the black law dictionary
Be cautious of commercial websites some that are good and can give information that is not completely accurate.
C1. Findlaw.com
C2. Lexisone.com for federal and state cases and statutes
Both are used for general information.
Good luck.
Icecream, the demand for icecream increases as the temprature becomes hotter but decreases as the temprature cools down
Answer:
Cost of goods sold as per average cost method = $92,458.5
Explanation:
As for the information provided as follows:
Opening Inventory 265 units @ $153 each = $40,545
Purchase 465 units @ $173 each = $80,445
Purchase 165 units @ $213 each = $35,145
Total data 895 units = $156,135
Average cost per unit = $156,135/895 = $174.45
In average cost method simple average is performed, whereas in weighted average weights are assigned.
Sale is of 530 units
Cost of goods sold as per average cost method = $174.45 530 = $92,458.5