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- *see attached What amount should be reported as rental income for 2020? a. 1,200,000b. 1,160,000c. 1,080,000d. 800,000Construct an income proforma operating statement using the following information. It should show the following on a whole dollar basis: PGI (rental income and other income itemized), vacancy & collection loss, EGI, operating expenses, OER, and NOI. 64,000 SF warehouse Market rent is $9.25/SF with industrial gross terms. Industrial gross in this market means the landlord pays for taxes, insurance, and common area maintenance (CAM). Market vacancy in this market is 3.5%. Market collection loss is 0.5%. Operating expenses include: insurance: $0.10/SF Real estate taxes: $2.75/SF CAM: $0.20/SF Management fee: 3% of EGI Replacement reserves: Based on a sinking fund factor for $195,000 in 7 years in an interest-bearing account with a rate of 4% (annual compounding).What is the monthly net take home pay? * A. P25,000 B. P24,486.67 C. P23,385 D. P22,871.67
- An individual’s utility function is given by 1000x_(1)+450x_(2)+5x_(1)x_(2)-2x_(1)^2-x_(2)^2where 1is the amount of leisure measured in hours per week and 2 is income earnedmeasured in cedis per week.Determine the value of the marginal utilities, when x_(1)= 138 and x_(2) = 500. Henceestimate the change in utility if the individual works for an extra hour, whichincreases earned income by GH¢15 per week. Does the law of diminishing utility holdfor this function?Why is interest on home mortage 8,800 instead of 8,700?What is EE Taxable Wages FUTA in quater 3? Emloyee Q1 Q2 Q3 Q4 EE 3500 3500 3200 3200 I thought the answer was (7000 - ( 3200 - 500)) = 4300 and to find FUTA it would be 4300*.006 = 258. Thats not it. Then I thought maybe its 7000 - (2700 - 500) = 7000 - 2200 = 4800 But thats not it. Help!
- If the price of an item displayed as $44 (GST inclusive) then what is the GST component? Select one:$44 divided by 1/11None of these10% of $4411% of $44$44 multiply by 1/11Clear my choiceComplete the table using the information provided and assume a VAT rate of 15%: Mark up on cost cost price (Excl VAT) profit (Excl VAT) selling price (Excl VAT) 20% A R40 bRental income of R70 000 is received in advance. Calculate the tax base for income received in advance for the year ended 29 February 2016. Accept that SARS will tax the rental income when the rental premises is made available to the lessee. The tax base is: a. R70 000 b. R19 600 c. R0 d. R7 000
- Consider the following information about apartment complex: Gross rental receipts $970,000 Other income $130,000 Average vacancy rate 7% Operating expenses $525,000 Capitalization, or discount, rate 5% Calculate the value of the complex using the net operating income approach. $9,700,000 $8,690,000 $10,100,000 $9,960,000What is the loan impairment loss for 20X9? This will be the choices: a. 530,000 b.667,000 c. 1,470,000 d. 1,323,000Calculate the housing expense ratio and the total obligation ratio (in %) for the following mortgage applications. (Round your answers to two decimal places.) Applicant MonthlyGrossIncome MonthlyPITIExpense Other MonthlyFinancialObligations HousingExpenseRatio (%) TotalObligationsRatio (%) Martin $3,700 $605 $640 % %