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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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vaieri [72.5K]

Answer:

Companies can achieve economies of scale by increasing production and lowering costs. This happens because costs are spread over a larger number of goods. Costs can be both fixed and variable. ... The larger the business, the more the cost savings.

7 0
3 years ago
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What factors are encouraging financial institutions to offer overlapping financial services such as banking, investment banking,
Anna11 [10]

Answer:

B. I and II only

Explanation:

I. Regulatory changes allowing institutions to offer more services II. Technological improvements reducing the cost of providing financial services

7 0
3 years ago
Zander Inc. uses a job-order costing system in which any underapplied or overapplied overhead is closed to cost of goods sold at
Digiron [165]

Answer:

The answer is "$ 1,251,710".

Explanation:

Formula:\text{Overall cost for Job F21X completed during the month = } \\\text{Beginning balance + Direct materials + Direct labor + Manufacturing overhead applied }

= \$ 80,595 + \$ 937,290 +\$ 316,410 + \$ 543,270 \\\\= \$ 1,877,565

Complete unit in Job = 29,850 units

Per unit cost units

                      = \$ 62.9  per unit

Sold units=  19,900 units

Sold goods cost = 19,900 \times  \$ 62.9

                           = \$ 1,251,710

5 0
2 years ago
Companies that have preferred stock outstanding promise to pay a stated dividend for an infinite period. Preferred stock is trea
mel-nik [20]

Answer:

$74.63 per share

Explanation:

The computation of the value of preferred stock is shown below:

As we know that  

Value of the preferred stock = Annual dividend rate ÷ Returns on the stock

where,

Dividend on the preferred stock = Dividend rate × Par value

= 11% × $100

= $11

And, the return is 14.74%

So, the value of the preferred stock is  

= $11 ÷ 14.74%

= $74.63 per share

6 0
3 years ago
Robert and Jenny are coworkers who enjoy flirting with each other while at work. They both view their actions as harmless fun, a
WINSTONCH [101]

Answer:

The correct answer is letter "A": True.

Explanation:

Sexual harassment in the work field does not only involve the fact of one individual chasing another for sexual purposes. It also implies any other set of intimacy activities that can bother others at work such as couples flirting. Most jobs, do not allow sentimental relationships within the work-frame. Some even fire employees found in relationships at work.

Thus, if one of Jenny and Robert's coworkers feel uncomfortable for their flirting,<em> they can be guilty of sexual harassment</em>.

4 0
3 years ago
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