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Reika [66]
3 years ago
12

A tenant occupying 20,000 square feet in your building has two years remaining on their lease. You have a good relationship with

this tenant and you assess the probability that they will renew their lease at 75%. If your tenant renews the lease, they will pay $15/sf in rent. If the tenant vacates, you expect that a new tenant will pay $18/sf. What is the gross rental income you expect to receive for this space in the year after the lease expires
Business
1 answer:
user100 [1]3 years ago
4 0

Answer: $315000

Explanation:

From the information given in the question, the gross rental income that one will expect to receive for this space in the year after the lease expires goes thus:

= [(75% x 15) + (25% x 18)] x 20,000

= [(0.75 × 15) + (0.25 × 18)] × 20000

= (11.25 + 4.5) × 20000

= 15.75 × 20000

= 315,000

Therefore, the gross rental income is $315000

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In our aggregate expenditure model we assume that:
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Answer:

The correct answer is regarding the model, is that an individual firms prices are flexible but the level of the price is fixed.

Explanation:

The aggregate expenditure model is the model in which the sum or total of all the expenditures are undertaken in the economy with the factors during the particular time period.

The equation is:

AE = C (Consumption) + I (Investment) + G (Government) + NX (Net Exports)

In this model, it is assumed that the prices of the individual firm are flexible whereas the price level is fixed.

7 0
3 years ago
1. What kind of financial information is a publicly traded company required to provide to its stockholders? Which financial stat
qwelly [4]

Answer:

1. For a public traded company it is required to share its complete set of Financial Statements which include Balance sheet, Profit or loss statement, Cash flow statement, statement of changes in equity and notes to the accounts. For investors the best information comes from Profit or Loss statement because majority of investors are concerned with the profitability of the company which ultimately results in dividend.

2. a. The ratios analysis have some limitations, the ratios are generally compared with past year ratios which neglects the business/ Industry environment and if the ratios are compared with industry norms, past performance of the company is neglected.

b. Profitability ratios are the most important and that is why they are calculated first.

3. Net Cash flow for Crooked Golf is $30,000

Explanation:

1. For a public traded company it is required to share its complete set of Financial Statements which include Balance sheet, Profit or loss statement, Cash flow statement, statement of changes in equity and notes to the accounts. For investors the best information comes from Profit or Loss statement because majority of investors are concerned with the profitability of the company which ultimately results in dividend.

2. a. The ratios analysis have some limitations, the ratios are generally compared with past year ratios which neglects the business/ Industry environment and if the ratios are compared with industry norms, past performance of the company is neglected.

b. Profitability ratios are the most important and that is why they are calculated first.

3. Net Csh flow for Crooked Golf is $30,000.

Calculated as follow,

$90,000 - $60,000

Depreciation is non Cash flow.

4 0
3 years ago
Which of the following would likely be covered under homeowners insurance but NOT by renter's insurance? AA fire destroys almost
Cloud [144]
D a tree branch breaks your window
5 0
3 years ago
Today, when a customer orders merchandise from an online vendor, the vendor usually sends an immediate order confirmation messag
Irina-Kira [14]

Answer: The second message is a type of <em><u>advanced shipping notice.</u></em>

<em><u>An advanced shipping notice is known as an e-communication representation that the provider sends the retail merchant beforehand of a shipment.</u></em>

In this case the vendor sent an immediate order confirmation message by e-mail and within a day or two, a second message stating that the order is in the mail.

<u><em>Therefore, the correct option is (c)</em></u>

5 0
2 years ago
Required: Prepare journal entries to record the December transactions in the General Journal Tab in the excel template file "Acc
PtichkaEL [24]

Answer:

journal entries to record the December transactions

1-Dec

Cash $10500 (debit)

Common Stock $10500 (credit)

1-Dec

Rent Expense $950 (debit)

Cash $950 (credit)

1-Dec

Prepaid Insurance $600 (debit)

Cash $600 (credit)

1-Dec

Equipment $3600 (debit)

Cash $3600 (credit)

5-Dec

Supplies Expense $300 (debit)

Accounts Payable $300 (credit)

15-Dec

Cash $7200 (debit)

Service Revenue $7200 (credit)

16-Dec

Accounts Receivable $5200 (debit)

Service Revenue $5200 (credit)

21-Dec

Cash $2400 (debit)

Accounts Receivable $2400 (credit)

23-Dec

Accounts Payable $170 (debit)

Cash $170 (credit)

28-Dec

Wages Expense $4480 (debit)

Cash $4480 (credit)

30-Dec

Dividends $200 (debit)

Cash $200 (credit)

Explanation:

The General Journal consists of Entries of Expenses, Capital Expenditures and Receipts and Payments in Cash.

8 0
3 years ago
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