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gogolik [260]
3 years ago
7

Suppose you are considering the purchase of an apartment building that has 12 units that can be rented out at $1,050 per month.

You have estimated operating expenses and expected vacancy and collection losses for the first year to be $35,700 and $30,240, respectively. You also have estimated that you will be able to generate an additional $3,840 in the first year from garage rentals on the property. If the expected purchase price of the property is $1,100,000 and you are planning on making a 10% down payment. Calculate the debt yield ratio.a. 8.10%b. 8.61%c. 9.00%d. 12.05%
Business
2 answers:
ivanzaharov [21]3 years ago
8 0

Answer:

The correct answer is c. 9.00%

good luck

sergij07 [2.7K]3 years ago
6 0

Answer:

c. 9.00%

Explanation:

The formula to compute the debt yield ratio is presented below:

Debt yield ratio = Net operating income ÷ debt amount

where,

Net operating income would be

= Rent- Operating expenses - Expected vacancy and collection losses + Garage rentals on the property

= $151,200 - $35,700 - $30,240 + $3,840

= $89,100

And, the debt amount would be

= Expected purchase price × (1 - Down payment rate)

= $1,100,000 × (1 - 10%)

= $990,000

So, the ratio would be

= $89,100 ÷  $990,000

= 9%

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mojhsa [17]

Answer:

7324

Explanation:

We need to find the number of completed free throws out of total free throws

Since he completed 83.5% of them, you find 83.5% of 8772

83.5% can be rewritten as 0.835

8772 \times 0.835 = 7324.62

We don't round up because it isn't 1 complete free throw. 0.62 is not 1 complete free throw so round down

3 0
2 years ago
Health Care Event Protection
Genrish500 [490]

Answer:

$ 132,500

$4,250

$9000

Explanation:

From the given information:

Christina Haley of San Marcos who's aged 57 years recently suffered from stroke.

She was in intensive care for 3 days and was hospitalized for 10 more days

Total bill = $135,500

After Discharge;

she spent 25 days in a nursing home at a cost of $170 per day

Amount earned by Christiana per month at her work = $4500

She missed 2 months of going to work.

Christina had a health insurance plan through her employer.

The policy had a $1,000 deductible and an 80/20 coinsurance clause with a $2,000 coinsurance cap

1. How much of Christina’s direct medical expenses was paid by her insurance policy?

The amount the insurance policy paid  can be known by the expression:

= Total bill amount for the care - deduction for policy - coinsurance cap

= $135,000 - $1000 - $2,000

= $ 132,500

2. What did Christina have to pay for her nursing home care?

We are being told that She spent 25 days in a nursing home at a cost of $170 per day

Thus; the amount  Christina have to pay for her nursing home care = 25 × $ 170

= $4,250

3. How much income did Christina lose?

We knew she missed two months from work and she collect $4500 per month.

Thus the amount of income she lose =  $4500 × 2

the amount of income she lose = $9000

5 0
4 years ago
A study published in the Journal of the American Medical Association showed that postal workers who tested positive for drug use
lorasvet [3.4K]

Answer:

fired, injured, disciplined, or absent than those who tested negative.

Explanation:

The study showed that more than 50% of those that tested positive for drug use are fired, injured, disciplined, or absent than people who tested negative.

This indicates that there is a positive correlation between being positive and the observed occurrences. These can be attributed to the individuals that were tested, drug use brings out characteristics that lead to being fired, injured, disciplined, or absent.

It could also be that employers are victimising those that test positive for drug use.

5 0
4 years ago
Atlantic Video, a small video rental store in Philadelphia, is open 24 hours a day, and-due to its proximity to a major business
Vlad [161]

Answer:

A.19.82 minutes

B. 48 sorts

C. 10.75

Explanation:

A. Calculation for the average time

Based on Interarrival time 30 customers per hour will give us 1 customer per 2 minutes

Hence,

a = 2 min

Cva= 1

Process time which is p = 1.7 min

CVp will be :3 min/1.7 min = 1.765

Utilization will be calculated as :p/a = 1.7/2 = 0.85

Now let find the average time

Tq= 1.7 x [0.85/(1-0.85)]x[(1^2 + 1.765^2)/2]

Tq= 19.82 minutes

Therefore the average time will be 19.82 minutes

B. Calculation for How many videos can be sort

Utilization will be calculated as: p/a = 1.7/2 = 0.85

Idle time will be calculated as : 0.15 x 8 hours

Idle time = 1.2 hours =

1.2 hours converted to minutes will be 72 minutes

Hence,

Number of videos sorted = 72 minutes / 1.5

Number of videos sorted = 48 sorts

Therefore the numbers of video that can be sort will be 48 sort

C. Calculation for the average number of customers who are at the checkout desk

Tq= 19.82 minutes

p = 1.7

T = Tq+ p = 21.52 minutes

Iq= R x Tq= 1/a x 19.82 = 0.5

Iq=0.5 * 19.82

Iq = 9.9 customers

Hence we are going to use this formula to find the average number of customers

I = Iq+ Ip= Iq+ u

Let plug in the formula

I= 9.9 + 0.85

I= 10.75

Therefore the average number of customers who are at the checkout desk will be 10.75

7 0
4 years ago
Peter contracted with Abe to buy his motorcycle. Peter thought he had bought the 2011 motorcycle, but Abe had intended to sell h
Molodets [167]

Answer:

This is called a MUTUAL MISTAKE

6 0
4 years ago
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