Answer:
$7500
Explanation:
An expense stop is a tool used by landlords to limit their operating costs and maintain predictable operating costs over the terms of the lease. Hence, even though the operating expense is $6.50, the landlord is only accountable for $6.
The operating costs annually would be: 1500 x 6 = 9000
(Even though the office space is vacant for one month of the year, maintenance costs will still be incurred throughout the year, whether leased or vacant)
Annual income :
1500 x 12 = $18000 (12 months)
It should be noted though that the office space is vacant for one month. Hence, landlord only receives 11 months worth of leased rent. Actual income : (18000/12) x 11 = $16500
Net operating income annually : Total income - Total expenses = $16500 - $9000 = $7500
Answer:
People
Explanation:
The People perspective of business problems includes a consideration of the firm's management as well as employees and their interrelationships in workgroups.
It should be noted that people perspective of business problems involves considering the way the firms is been managed, how the management of the firms are able to bring improvement like increasing profit with lower production cost. Another People perspective of business problems is the employees and their interrelationships in workgroups which is very crucial because good interrelationships between workgroup result in efficiency and great returns for the firm.
Services are now the largest single component of the supply side of gdp, representing over half of gdp.