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ra1l [238]
3 years ago
11

. A building owner charges net rent of $20 in the first year, $21 in the second year, and $22 in the third year, but is providin

g six months of free rent in the first year as a concession. Using a 10 percent discount rate, what is the effective rent over the three years
Business
1 answer:
Anit [1.1K]3 years ago
8 0

Answer: $17.28

Explanation:

6 month free concession in first year drops rent to:

= 20 / 2

= $10

Effective rent = [Present value of Year 1 rent + Present value of Year 2 rent + Present value of Year 3 rent ] / [ 1 - (1 / (1 + rate)^ number of years) / rate]

= [(10 / (1 + 10%) ) + (21 / (1 + 10%)²) + (22 / (1 + 10%)³)] * [1 - (1 / (1 + 10%)³/ 10%)]

= (9.09 + 17.355 + 16.5289) / 2.48685

= $17.28

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5. When might a company decide that it needs to hire a human resource professional?​
Elena-2011 [213]

Answer:

See Below

Explanation:

Below are a few reasons why a business might consider hiring a trained HR officer

It is recommended to hire a Human resource specialist once a company has 50 employees and above. When a business has over 50 employees, it needs someone trained to manage their welfare and other human resources issues.

When a company is growing or expanding rapidly, it requires to employ more people.  No matter the size of a business, when a business is hiring people frequently, it needs an HR officer to coordinate the recruitment process.

If a manager spends over 3 hours a day handling employee issues, then it's time to employ a trained HR officer. This gives the manager time to focus on their core mandate.  A dedicated specialist will be best suited to address employee issues, which is beneficial to both the company and the employees.  

7 0
3 years ago
Uniform Supply accepted a $12,000, 90-day, 7% note from Tracy Janitorial on October 17. What entry should Uniform Supply make on
Zielflug [23.3K]

Answer:

- Credit (decrease) cash account (112): $12,207

- Debit (decrease) loan account (341): $12,000

- Debit (increase) interest expenses (635): $207

Explanation:

The interest occurred = $12000*7%/365*90=$207

The note to be paid = $12,000

Total paid out: $12,207

If Uniform Supply use cash to pay off the note then the entries include:

- Credit (decrease) cash (112): $12,207

- Debit (decrease) loan account (341): $12,000

- Debit (increase) interest expenses (635): $207

6 0
3 years ago
Horse and Buggy Inc. is in a declining industry. Sales, earnings, and dividends are all shrinking at a rate of 10% per year. a.
m_a_m_a [10]

Answer:

$12

Explanation:

The computation of the value of the share is shown below:

Value of the share is

= Dividend ÷ (Required rate of return - shrinking rate)

where,

The Dividend is $3

The Required rate of return is 15%

And the shrinking rate is 10%

Now placing these values to the above formula

= $3 ÷ (15% - (-10%)

= $3 ÷ 25%

= $12

7 0
4 years ago
Tyson Hats Corporation manufactures three different models of hats: Vogue, Beauty, and Glamour. Tyson expects to incur $480,000
Harlamova29_29 [7]

Answer:

a. Overhead Allocation Rate = $40.00

b.Overhead Allocation Rate = $120.00

Explanation:

Please see attachment.

5 0
4 years ago
The U.S. experience of strong economic growth, full employment, and price stability in the late 1990s and early 2000s can be exp
ss7ja [257]

The strong economic growth , full employment, and price stability in the late 1990s and early 2000s in U.S. can be explained by "rightward shift of aggregate demand and a leftward shift of aggregate supply".

<h3>What is rightward shift of aggregate demand and a leftward shift of aggregate supply?</h3>

The rightward shift and leftward shift according to aggregate demand curve are-

  • As the components of aggregate demand—consumption spending, investment spending, government spending, and spending on exports minus imports—increase, the aggregate demand curve moves to the right.
  • As the cost of essential inputs increases, the aggregate supply curve moves to the left, creating the potential for reduced output, increased unemployment, and higher inflation. Stagflation is the term used to describe an economy that is both experiencing slow growth and high inflation.

he possible reason for the surge of economic growth are-

Therefore, the possible causes of the economic boom include the fact that oil prices were exceptionally low in the mid to late 1990s (the lowest levels since the post-World War II boom), which would have decreased the cost of transportation and manufacturing and boosted economic growth.

To know more about aggregate demand curve, here

brainly.com/question/17118208

#SPJ4

4 0
2 years ago
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