Answer:
$289000
Explanation:
Effective Gross Income (EGI): Effective Gross Income is calculated by deducting the Vacancy and collection (V&C) loss from Gross Potential Income (GPI).
First year gross potential income (PGI) is $340,000
Vacancy and collection (V&C) loss is 15% of gross potential income
Therefore, (V&C) allowance = [$340,000 15%]
= $51,000
Calculate Effective Gross Income (EGI) for the first year of operations:
Item
Amount
Potential gross income (PGI)
$340,000
Less: V&C allowance (at 15% of PGI)
($51,000)
Effective Gross Income ( EGI )
$289,000
Hence the EGI is $289,000
The manufacturer most likely uses intensive distribution is: a. Cadbury Adams, a manufacturer of Certs breath fresheners
<h3>Who is manufacturer?</h3>
A manufacturer can be defined as someone that produces product or goods from raw material to finished goods.
Hence, Cadbury Adams, a manufacturer of Certs breath fresheners is the manufacturer most likely uses intensive distribution.
Learn more about who is a manufacturer here:brainly.com/question/899769
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They all said winter.
Hope this helps!
Bartering is like trading and because now things are a little more expensive <span />
Answer:
C
Explanation:
Here, we want to select which of the given options in the question is true/correct.
From the question we can observe that the two bonds have required return less than coupon rate. Hence we can conclude that, both are premium bonds. The 7-years bond however. will have closer price to par value.
Bond prices will gradually decrease as we have a decrease in years to maturity. This means that the closer the year to maturity, the lesser the value of the bond price