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2 years ago

To determine the effective gross income on a property, the sales associate should:________

Business

1 answer:

artcher [175]2 years ago

4 0

Answer:

Subtract vacancy and credit costs from potential gross income

Explanation:

Effective gross income (EGI) is actually the ratio or relationship that exists between the sale price of a property and effective gross income of that same property.

It is the potential gross income added to other income when vacancy and credit costs are subtracted from it.

EGI is used to determine the value of a rental property and the cash that the property generates.

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Crane Company has the following sales data: August September October November December Cash Sales $4000 $5000 $6000 $7000 $16000

umka21 [38]

Answer:

Collections for September is $ 57,100

Explanation:

Computation of cash receipts for September

Collections from cash sales of September $ 5,000

Collections from credit sales of August - 57 % of $ 50,000 $ 28,500

Collections from credit sales of September 40 % of $ 59,001 $ 23,600

Total collections for September $ 57,100

5 0

2 years ago

Every business begins with a(n) O a. customer. b. profit. O c. idea. O d. inverton.

VARVARA [1.3K]

Answer:

c an idea

Explanation:

can't have a business without an idea

3 0

1 year ago

According to the eNotes, when a potential customer sees the line, but never joins the line because they think it looks too long

Natali5045456 [20]

Answer:

Balking

Explanation: Balking means the tendency of an individual not to do something or let something happen due to the circumstances he /she feels is not conducive for he/she. if you balk at something, then you definitely do not want to do it

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3 years ago

Many companies secure financing from various sources with various payback periods. Not all funding sources are the same, and in

insens350 [35]

Answer and Explanation:

The classification of the funds as a short term or long term strategy as follows;

a. Line of credit = short term financing

b. Commercial paper = short term financing

c. Trade credit = short term financing

d. Bank load of 10 months = short term financing

e. Bond = long term financing

f. Stock = long term financing

g. Bank load of 20 months = long term financing

In this way, the classifications of the funds has to be done

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2 years ago

John Smith, a factory worker at an automobile plant in the city Detrigan, makes $25 per hour. His dad, Larry Smith who retir

drek231 [11]

Answer:

The total number of hours worked by an average factory worker has fallen over the years

Explanation:

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2 years ago