Answer:
The estimate value of the subject property is $8,269,200
The other information that would be desirable in reaching a conclusion:
The closeness of the property to central business districts as the closer it is the higher the asking price.
The estimate was solely based on revenue, the applicable costs have been ignored.
The average taken might not be a good indication for the subject property because the property might have unique features
Explanation:
The formula for Gross Rent Multiplier is given Property Price / Gross Monthly Rental Income.
In determining the estimate value of the subject property ,we calculate the gross rent multiplier of the new property,then multiply it with the annual rental income.
In ascertaining the GRM of the new property we take the average GRM of the two similar properties in the same area.This is because the new property judging from number of units, lies in-between the other two properties.
GRM for Oaks
GRM=$9000000/($550*140)
GRM =116.88
GRM for Palms
GRM=$6,600,000/($650*90)
GRM =112.82
The average GRM=(116.88+112.82)/2
=114.85
Subject property price=114.85*(120*$600)
=$8,269,200
Answer:
Explanation:
✓Performance Risk
1)Could Damage Career
2)All the same
✓Financial Risk ( risks that could be attributed to finance, i.e money)
1)Tight budget
2)Expensive Service
✓Psychological Risk
1)Unimportant
2)Personal Image
✓Internal vs External ( ways to get access to information)
1)Salon of Convenience
2)Salon of Choice
✓Benefits vs Costs
1)Worth the Money
2)Effortless
Answer:
655
Explanation:
Breakeven quantity are the number of units produced and sold at which net income is zero
Breakeven quantity = fixed cost / price – variable cost per unit
$190 / ( 0.87 - 0.58) = 655.2 = 655 to the nearest whole number
True, the various online calculators and worksheets can help one to find answers to financial planning and investing question.
Today, the computer application which are programmed to provided the solutions to different level of financial planning and investing question can not be assessed online.
For instance, the MS Excel which was one of the earliest wroksheet can not be used online in form of G.oogle Spreadsheet etc
Therefore, it is true that various online calculators and worksheets can help one to find answers to financial planning and investing question.
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Option a; In employee selection, initial screening consists of two stages of Employment application form and the preliminary review.
Any new product development process must include idea screening. Using predetermined criteria, data (such as market research), or scoring models, it aids in the vetting and evaluation of potential ideas.
Consider the following while evaluating new concepts: relevance, limits, budgets, value, dangers, and/or feasibility. Even though this list is by no means comprehensive, it should give you some background on how to go about idea screening.
In addition to the aforementioned, you can leverage previous market research or client information/feedback to judge the viability and worth of a novel idea. Everything begins with your ideas. The finest product concepts combine viewpoints from several teams and stakeholders as well as market and consumer research (where possible).
Learn more about Screening here:
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