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MakcuM [25]
3 years ago
12

The landlord of an office building charges tenants $150 per hour for extra HVAC usage after hours. During the last three years,

usage has averaged approximately 500 hours per year. Assume that usage will increase by 10% over the previous average. In addition assume a 5% credit loss on the total HVAC income, what is the approximate HVAC revenue the landlord will realize?
Business
1 answer:
lidiya [134]3 years ago
8 0

Answer:

$78,375

Explanation:

Actual HVAC usage = 500 + (500 × 10%) = 500 + 50 = 550

Total HVAC income before credit loss = 550 × $150 = $82,500

Total HVAC income before credit loss =  $82,500 - ($82,500 × 5%) = $82,500 - $4,125 = $78,375

Therefore, the approximate heating, ventilation, and air conditioning (HVAC) revenue the landlord will realize is $78,375.

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6 0
2 years ago
A company has 825 shares of $50 par value preferred stock outstanding, and the call price of its preferred stock is $63 per shar
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The total payroll of trolley company for the month of october was 960000 of which 180000 represented amounts paid to certain emp
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Answer:

$68,760  

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Medicare ($960,000 × 1.45%)                                       $13,920

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