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
enyata [817]
3 years ago
13

19. An investor has purchased a property that is giving him a 10% rate of return. Potential gross rents total $10,000.00 a month

. Expenses for the property total $47,570.00 per year. The property has a vacancy rate of 8%. What is the market value of the property
Business
1 answer:
gogolik [260]3 years ago
4 0

Answer:

the market value of the property is $628,300

Explanation:

The computation of the market value of the property is shown below;

Gross rent $10,000 × 12= $120,000

Now

= $120,000 ×  .92 (occupancy rate)

= $110,400

After that

= $110,400 - $47,570

= $62,830

And ,finally the market value of the property is

= $62,830 ÷ 0.10  

= $628,300

hence, the market value of the property is $628,300

You might be interested in
In the​ swim-lane format of a business process​ model, all​ _______ for a role are included in that​ role's swim-lane.
boyakko [2]
<span>In the​ swim-lane format of a business process​ model, all​ activities for a role are included in that​ role's swim-lane.

The swim lane is used to show flow diagrams or charts that list out the responsibilities of a business and its employees. These lanes can be arranged horizontally or vertically. Think of them as lap swim lanes in a pool, that helps keep the business roles in line. </span>
8 0
3 years ago
What is one course of action available in every problem solving process
OLga [1]
You must consider both consequences, the positive and the negative. Then you must think of a way that you will have a win-win situation or just do the compromising to be able to solve the problem and have a faster solving process.
8 0
3 years ago
Sarah's house caught on fire. Through the prompt assistance of her neighbor Odessa, the fire was quickly extinguished. In gratit
Zepler [3.9K]

Answer:

To enforce this promise we need to analyse whether there has been any agreement or contract between Sarah and Odessa and whether the same can be enforced.

Explanation:

In Sarah's case, her offer to gratuitously pay the neighbor for assisting in the house fire is not an enforceable contract. When the neighbor rushed to help in the fire, the offer to pay $1,000 had not yet been extended. When Sarah did extend the offer to pay $1,000, there was no consideration exchanged between both parties. The consideration, putting out the fire, had already occurred without the offer or acceptance of a contract.

Consider an alternate scenario. Sarah's house was on fire, and she could not wait for the fire department. She ran to her neighbor's house, begged for help, and offered $1,000 in exchange for neighbor's assistance. After hearing Sarah's plea, the neighbor agrees to assist in extinguishing the fire. This constitutes a contract; an offer, consideration, and acceptance.

3 0
3 years ago
The idea that the white race is superior to other races is called
Bad White [126]

Answer:

racism

Explanation:

4 0
3 years ago
Read 2 more answers
Anheuser-Busch established its Corporate Social Responsibility (CSR) Department to A) promote the positive aspects of moderate b
Verdich [7]

Answer: B. promote responsible drinking and curb underage drinking before it starts.

Explanation:

Anheuser-Busch Companies, LLC is simply a brewery company as it produces alcoholic drinks.

Corporate Social Responsibility is when companies contribute a positive impact to the economy. This can be in form of giving scholarships to students, construction of infrastructure etc.

Anheuser-Busch established its Corporate Social Responsibility (CSR) Department to promote responsible drinking and curb underage drinking before it starts.

5 0
2 years ago
Other questions:
  • On February 1, 2021, Miter Corp. lends cash and accepts a $1,000 note receivable that offers 12% interest and is due in six mont
    8·1 answer
  • The Volt Battery Company has forecast its sales in units as follows: January 2,900 February 2,750 March 2,700 April 3,200 May 3,
    14·1 answer
  • Use the table and proivded and explain the law of diminshing returns<br><br>plz help asap ​
    10·1 answer
  • you need to have $32000 in 7 years. you can earn an annual interest rate of 3 percent for the first 4 years, and 3.6 percent for
    5·1 answer
  • Determine the prior Year and Current Year common-size percents for cost of goods sold using net sales as the base.(5 thousands)
    14·1 answer
  • Carl wants to buy a video game console. He has identified two important attributes to compare: price and game
    15·1 answer
  • Multiple choice-- economics
    8·1 answer
  • The variance that measures the amount of variable overhead that should have been saved (or incurred) because of the efficient (o
    15·1 answer
  • Select the correct answer.
    12·1 answer
  • Country Club Center sells season memberships for $100 each. Prior to May 1, 2017, 60 season memberships were sold. The season ru
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!