answer.
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
guajiro [1.7K]
2 years ago
7

A 1,500 square foot office space is leased at $12.00 square foot. The space is vacant one month out of the year. Office expenses

are $6.50 per square foot and an expense stop is set at $6.00 per square foot. What is the annual net operating income? $8,250 $15,750 $6,750 $7,500
Business
1 answer:
Ymorist [56]2 years ago
3 0

Answer:

$7500

Explanation:

An expense stop is a tool used by landlords to limit their operating costs and maintain predictable operating costs over the terms of the lease. Hence, even though the operating expense is $6.50, the landlord is only accountable for $6.

The operating costs annually would be: 1500 x 6 = 9000

(Even though the office space is vacant for one month of the year, maintenance costs will still be incurred throughout the year, whether leased or vacant)

Annual income :

1500 x 12 = $18000 (12 months)

It should be noted though that the office space is vacant for one month. Hence, landlord only receives 11 months worth of leased rent. Actual income : (18000/12) x 11 = $16500

Net operating income annually : Total income - Total expenses = $16500 - $9000 = $7500

You might be interested in
A 10 percent increase in income leads to a 15% decrease in the quantity of macaroni and cheese demanded but no change in the pri
AlekseyPX

Answer:

Macaroni and cheese is an inferior good.

Explanation:

From the information given in the question, we can assume that macaroni and cheese are considered as an inferior good for this consumer because there is an inverse relationship between the income level of this consumer and the quantity demanded for macaroni and cheese.

If there is 10% increase in the income of an individual then as a result quantity demanded of macaroni and cheese decreases by 15% and the price of this good remains constant. This shows that macaroni and cheese is an inferior good.

6 0
2 years ago
A deculturation strategy of merging two corporate cultures should be applied:A. when employees at the acquired company willingly
klasskru [66]

Answer:

The correct answer is:

A. when employees at the acquired company willingly embrace the cultural values of the acquiring organization.

Explanation:

Normally, employees of a company are so used to their culture and work environment that for them the implementation of new strategies work is a great impact process. Although the workers accept the change in a voluntary basis, for new organizations it  is necessary to apply a plan in order to help employees to meet and get familiar with the new environment and way of working. It is this process of change and progress that is known as deculturation, or implementation and change of different ideas and plans for the working place.

5 0
2 years ago
Elegance Inc. is a large cosmetics company that made an initial small investment in a start-up company, Peace Planet, which was
mr Goodwill [35]

Answer:

B. real-options perspective.

Explanation:

Based on the scenario being described within the question it can be said that this approach to strategic alliance is referred to as a real-options perspective. This perspective refers to the ability of an individual or company to have the freedom to choose between logical financial options in capital investments in order to try and make the best choices and decisions. Which is what Elegance Inc. did when they saw that the company they were supporting was most likely to fail due to their unforeseen problem.

7 0
2 years ago
According to the box, "Will Strategy Robots Replace Managers?", with robots having the capabilities to do a multitude of busines
musickatia [10]

Answer:

The options for this question are the following:

A. Companies do not want to eliminate all jobs at once.

B. Machines cannot do the jobs of humans, like recommend cancer cures or make banking decisions.

C.  There is a level of reasoning and strategy that only humans have the ability to do.

D. Machines are only useful in manufacturing duties.

The correct answer is C. There is a level of reasoning and strategy that only humans have the ability to do.

Explanation:

There are two variables that limit machines. One is the excessive consumption of energy that some devices require to carry out their activities.

For example, some prototypes that simulate some everyday human tasks, such as walking or doing housework, typically have a battery life of 15-20 minutes.

The second has to do with the costs of incorporating high-end computers that allow robots to recognize spaces and make decisions on the go.

“For a human being it is easy to identify if he is in a room, a room or a hall. Robots need cameras and computers to process that information, "adds Ramírez.

To understand that point, a relationship must be established: a home computer has four cores to process information. However, artifacts of up to 50 cores are needed to perform these space recognition operations in a timely manner, which would increase the cost of robot production.

7 0
2 years ago
The cash account of Grande Home Improvement Store shows the following:
melomori [17]

Answer:

a debt of $  27,000 is left in the cash account = -27,000

Explanation:

because when you add all the nos the debts become <em>negative numbers </em>

and when we add them we get a debt of  27,000 which is equal to -27,000

3 0
2 years ago
Other questions:
  • Which task does a busser generally perform?
    7·1 answer
  • Why do customers have privacy concerns about frequent shopper programs that supermarkets offer, and what can supermarkets do to
    13·1 answer
  • In May and June, Tammy spent all her clothing budget on bathing suits and beach bags. Each bathing suit cost $75. At Tammy’s opt
    11·1 answer
  • A toy manufacturer uses approximately 32,000 silicon chips annually. The chips are used at a steady rate during the 240 days a y
    5·1 answer
  • Lakeside Components wishes to purchase parts in one month for sale in the next. On June 1, the company has 11,000 parts in stock
    6·1 answer
  • Antonio tries to limit his risk of overexposure to debt by using a ________________ to store a certain amount of value that he t
    15·1 answer
  • Mussatto Corporation produces snowboards. The following per unit cost information is available: direct materials $12, direct lab
    15·1 answer
  • Howie Long has just learned he has won a $506,300 prize in the lottery. The lottery has given him two options for receiving the
    11·1 answer
  • The first step in the decision-making process requires you to do what?
    7·1 answer
  • Great Western Southern purchased $525,000 of equipment four years ago. The equipment is seven-year MACRS property. The firm is s
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!