1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
MissTica
3 years ago
5

Diane paid $600,000 for a six-unit apartment building. The gross income is $900 per month per unit, with annual expenses of $16,

800 annually. What was the capitalization rate for this investment
Business
1 answer:
Stells [14]3 years ago
7 0

Answer:

8%

Explanation:

First calculate annual gross income. 900 x 6 x 12 = 64,800. Next determine the net income. 64,800 - 16,880 = 48,000. 48,000 / 600,000 = .08 or 8%

You might be interested in
Litton Company estimates that the factory overhead for the following year will be $1,250,000. The company has decided that the b
Minchanka [31]

Answer:

Overapplied overhead= $7,575

Explanation:

<u>First, we need to calculate the predetermined overhead rate:</u>

Predetermined manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Predetermined manufacturing overhead rate= 1,250,000 / 40,000

Predetermined manufacturing overhead rate= $31.25 per machine hour

<u>Now, we can allocate overhead:</u>

Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base

Allocated MOH= 31.25*4,780

Allocated MOH= $149,375

<u>Finally, the over/under allocation:</u>

Under/over applied overhead= real overhead - allocated overhead

Under/over applied overhead= 141,800 - 149,375

Overapplied overhead= $7,575

6 0
3 years ago
7. Allowance, a paycheck, gifts, and gains from an investment are examples of
Finger [1]

Answer:a

Explanation:

8 0
3 years ago
An investment offers a total return of 15 percent over the coming year. Janet Jello thinks the total real return on this investm
Sonbull [250]

Answer:

6.78%

Explanation:

Data provided in the question:

Total return i.e nominal rate = 15% = 0.15

Real return = 7.7% = 0.077

Now,

Inflation rate = \frac{\textup{1 + Nominal rate}}{\textup{1 + Real return }}  - 1

on substituting the respective values, we get

Inflation rate = \frac{\textup{1 + 0.15}}{\textup{1 + 0.077}}  - 1

or

Inflation rate = [ 1.15 ÷ 1.077 ] - 1

or

Inflation rate = 0.0678

or

Inflation rate = 0.0678 × 100% = 6.78%

6 0
3 years ago
Counterfeit questions are associated with which gibb component? select one:
ruslelena [56]
The answer is d. strategy
4 0
3 years ago
Shortly after recording street survivors, this group was involved in a fatal plane crash:
KengaRu [80]
<span>Street Survivors was the fifth studio album of the rock group Lynyrd Skynyrd, recorded in 1977. In October of that year, a small plain carrying members of the band as well as managers and support personell, crashed near Gillsberg, Mississippi. Lead Vocalist Ronnie Van Zant, guitarist Steve Gaines, and backup vocalist Cassie Gaines were among the six killed.</span>
3 0
3 years ago
Other questions:
  • An automobile company assembles cars in a plant and purchases batteries from a vendor in china. the average cost of each battery
    15·1 answer
  • Which of the following accurately describes a shortage?
    14·1 answer
  • An immediate order to buy or sell common stock at the best price is a:
    11·1 answer
  • Lancelot Manufacturing is a small textile manufacturer using machinehours as the single indirectcost rate to allocate manufactur
    6·1 answer
  • The stockholders’ equity section of Blue Spruce Corp.’s balance sheet consists of common stock ($8 par) $1,104,000 and retained
    12·1 answer
  • purchased inventory for $ 4 comma 500 and also paid a $ 290 freight bill. Corner Market returned 40​% of the goods to the seller
    5·1 answer
  • A local distributor for a national tire company expects to sell approximately 9,530 tires of a certain size and tread design nex
    9·1 answer
  • Synovec Corporation is expected to pay the following dividends over the next four years: $6.60, $17.60, $22.60, and $4.40. After
    15·1 answer
  • You are relatively new to the company and have been asked to chair the next senior management meeting.
    15·1 answer
  • Which aspect of diversity can be positive or negative? A (blank) can be negative or a positive.
    9·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!