Given the following information, calculate the effective gross income. Property: 4 office units, Contract rents per unit: $2500 per month, Vacancy and collection losses: 15%, Operating Expenses: $42,000, Capital Expenditures: 10%A. $48,000
B. $60,000
C. $95,000
D. $102,000
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “Given the following information, calculate the effective gross income. Property: 4 office units, Contract rents per unit: $2500 per month, ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers
You Might be Interested in
Which of the following is true of strategic plans? a. They are developed by middle - and lower-level managers b. They have a short time horizon. c. They have specific and concrete focus.
Answers (1)
If, in a perfectly competitive industry, the market price facing a firm is above its average total cost at the output where marginal revenue equals marginal cost, then existing firms will exit the industry. new firms are attracted to the industry.
Answers (1)
The board of directors of Bosco Company declared a cash dividend on November 15, 2017, to be paid on December 15, 2017, to stockholders owning the stock on November 30, 2017. Given these facts, the date of November 30, 2017, is referred to as the?
Answers (1)
Microsoft develops, produces, and markets a wide range of computer software, including the Windows operating system.
Answers (1)
A company is targeting consumers who have not purchased its products for several months. It is segmenting the consumer market based on which component?
Answers (1)
New Questions in Business
Why are career clusters useful in a career search?
Answers (1)
Sumaira is scared that she will not find a job in the current economy. she decides to be a business major and attend one of the top business schools in the country. upon graduation, she is hired by a major investment banking firm in new york.
Answers (1)
Whenever Josh goes to his favorite restaurant, he wants to buy tiramisu, his favorite dessert. Despite the fact he would enjoy the flavor of the tiramisu the same amount every time, Josh only buys it when he would be the only one having dessert.
Answers (1)
A 1,500,000 SF plant employs 300 people and produces 177,000 LCD panel per month. The plant is idle, on average, 2 months each year for maintenance, repairs, and retooling.
Answers (1)
This year Aetna announced it was moving out of Hartford, Connecticut, where it had held it headquarters for over 100 years. The announcement sent shockwaves through an already economically challenged state.
Answers (2)