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Tema [17]
3 years ago
13

If a corporate building has nine office suites that rents for $14,800 per month each, but suffers from a 14% vacancy rate and an

nual expenses of $21,100, what is the NOI of the building
Business
1 answer:
tekilochka [14]3 years ago
4 0

Answer:

=$1,353, 524

Explanation:

NOI stands for net operating income

In this case, NOI will be calculated as follows

Rent per suit = $14,800

Number of suits 9

The monthly rent will be

=$14,800 x 9

=$133,200

Annual rent will be monthly rent x 12

= $133,200 x 12

=$1,598,400

Considering a 14 % vacancy rate, expected annual rent collection

=$1, 598,400 minus 14% of $1, 598,400  or 86% of $1, 598,400

= 86/100 x $1, 598,400

=$1,374,624

Adjusting for annual expenses

= $1,374,624 -  $21,100

=$1,353, 524

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melamori03 [73]

Answer:

The correct answer is 2

Explanation:

The market outcomes are the accounting indicators of the sales as well as profit revenue and the market share which is commonly used outcomes in the measure of the performance for the marketing.

Markets are for organize the economic activity. But the governments sometimes improve the market outcomes, not always So, there is not agreement regarding that the government to improves the market outcomes. The standard of living of company grounded on the ability to produce the goods and services.

7 0
4 years ago
A small manufacturer of custom cabinets wants to expand sales but does not wish to get involved directly with selling or any oth
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Answer:

If the manufacturer does not want to be involved in any sales or marketing activities, he will probably have to employ a sales agent to handle those activities.

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4 0
4 years ago
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A property manager can refuse to rent to applicant Mike for any of the following reasons except which? Mike has changed jobs six
bezimeni [28]

Answer:

He is married with two children

Explanation:

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2. Commercial

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They includes;

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Leasehold

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There are several reasons why a property owner may deprave a tenant or someone from renting a particular house or place but not because of marriage or children.

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7 0
3 years ago
Newark Company has provided the following information: Cash sales, $500,000 Credit sales, $1,400,000 Selling and administrative
USPshnik [31]

Answer:

$1,840,000

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By adding the cash sales, credit sales and deduct the increase in account receivable we can get the cash collected from customers and the same is shown above

4 0
4 years ago
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4 years ago
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