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Leno4ka [110]
3 years ago
5

Calculate the percentage rate management fees on the following: $575 adjusted per-unit fee, 50 total units, $600,000 annual gros

s income, 15% vacancy and loss rate.
Business
1 answer:
arlik [135]3 years ago
8 0

Answer:

19.1% management rate.

Explanation:

Adjusted fee charge per unit = 575

Adjusted fee charge for total unit of product = 575 * 50 = $28750

Net after feel charge on goods = 600000 - 28750 = $571250

15% vacancy and loss rate = .15 * 571250 = $85687.5

Total management fee per year = $114437.5

Percentage rate management fee = (114437.5/600000) *100

= 19.1 %

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The answer is below

Explanation:

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6 0
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A company had the following purchases during its first year of operations: Purchases January: 18 units at $128 February: 28 unit
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DATA

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12 from February at $138

14 from May at $148

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marishachu [46]

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