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harina [27]
3 years ago
11

A property valued at $350,000 has an annual net operating income of $43,750. What is the capitalization rate?

Business
1 answer:
Zinaida [17]3 years ago
5 0

<u>Answer:</u> The capitalization rate is 12.5 %

<u>Explanation:</u>

To calculate the capitalization rate, we use the formula:

\text{Rate of capitalization}=\frac{\text{Income}}{\text{Value of property}}\times 100

We are given:

Net operating income = $ 43,750

Value of property = $ 350,000

Putting values in above equation, we get:

\text{Rate of capitalization}=\frac{43,750}{350,000}\times 100\\\\\text{Rate of capitalization}=12.5\%

Hence, the capitalization rate is 12.5 %

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In newspaper advertising, ________ advertising includes copy, illustrations or photos, headlines, coupons, and other visual comp
amm1812

Answer: Display

Explanation: Display advertising is a form of commercial solicitation that is made to sell some commodity, service or similar and is typically designed as an image or a photo. As such, it employs the use of visuals like images, copy, illustrations or photos, headlines, coupons, videos and other visual components on the networks of publishers.

7 0
3 years ago
On August 1, Steffen Computers, Inc. purchased thirty computer chips on account from a company located in Taiwan for 520,000 Tai
Vsevolod [243]

Answer:

(C) debit to Foreign-Currency Transaction Loss-$1040

Explanation:

Foreign currency related Financial assets and financial liabilities are usually revalued with any difference as a result of the exchange rates posted as a gain or loss in the income statement.

On transaction date, cost of assets

= 520000 * $0.034

On payment date, the amount paid

= 520000 * $0.036

The amount paid is higher than the liability recorded before hence the difference is recognized as a loss on foreign exchange.

= 520000 * $0.036 - 520000 * $0.034

= $1040

4 0
3 years ago
Ross has decided that he wants to build enough retirement wealth that, if invested at 6 percent per year, will provide him with
Masja [62]

Answer:

Monthly savings= $3,584.42

Explanation:

Giving the following information:

Ross has decided that he wants to build enough retirement wealth that, if invested at 6 percent per year, will provide him with $4,600 of monthly income for 30 years. To date, he has saved nothing, but he still has 20 years until he retires.

First, we need to find the final value.

FV= (4,600*12)*30= $1,656,000

Now, we can calculate the monthly deposit:

FV= {A*[(1+i)^n-1]}/i

A= annual deposit

Isolating A:

A= (FV*i)/{[(1+i)^n]-1}

i= 0.06/12= 0.005

n= 20*12= 240

A= (1,656,000*0.005)/[(1.005^240)-1]= 8,280/ 2.31= $3,584.42

6 0
3 years ago
When deleting a check all of the following is true except: Multiple Choice It is better to delete the check than void the check
schepotkina [342]

Answer: It is better to delete the check than void the check in order to erase all records of the transaction

Explanation:

When a check is deleted, it should be noted that such check is being removed entirely from the system and also the transaction of the check will no longer be visible anywhere in the system.

Voiding a check mean that the amount of the transaction on the check will be changed to zero but it should be ited that a record of such transaction will still be kept in QuickBooks but deleting it will help remove the transaction in QuickBooks.

When a check is voided, the check details like the check number, account, payee, memo and date will be unchanged, even though the amount will change to zero.

Therefore, the option that says that it is better to delete the check than void the check in order to erase all records of the transaction isn't true.

4 0
3 years ago
Nikola, a salesperson at a cosmetic firm, gives a sales presentation to Jarvis. When she begins her sales presentation, Jarvis a
hammer [34]

Answer:

D. The halo effect

Explanation:

Bias occurs when an individual lacks objectivity and impartiality in making decisions. There are various kinds of bias. However, in this scenario, the bias associated with here is the halo effect. The halo effect is a form of bias in which an individual opinion or feel concerning an individual or an event is influenced by the impression the individual gets from the other individual or event. It is when an overall judgement is made on an individual based on some specific characteristics or traits of the person. In this case, because of the polite and nice characteristics of the salesperson, Jarvis assumes that she's an effective salesperson. Of which those characteristics has nothing to do with effectiveness in sales.

5 0
3 years ago
Read 2 more answers
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