Felice bought a duplex apartment at a cost of $165,000. Her mortgage payments on the property are $1,520 per month $666 of which can be deducted from her income taxes. Her real estate taxes total $1752 per year, and insurance costs $1464 per year. She estimates that she will spend $1230 each year per apartment for maintenance, replacing appliances, and other.costs. The tenants will pay for all Utilities What must she charge to more $2550 in profit each year? (Do not round intermediate calculations. Round your answer to 2 decimal places. Ignore any tax effects.)
Rant per paiment ________________.

Answers

Answer 1

The Rent per apartment Felice should charge is the PITI plus expected profit, (where PITI is principal, interest, taxes, and insurance) which is $8,516.

Data and Calculations:

Cost of a Duplex Apartment = $165,000

Monthly mortgage payments = $1,520

Deductible mortgage payment = $666

Annual Real Estate Taxes = $1,752

Annual Insurance costs = $1,464

Annual Maintenance costs = $1,230

Annual profit expected = $2,550

Rent to charge = PITI + Profit

= $8,516 ($1,520 - $1,752 - $1,464 - $1,230 + $2,550)

Thus, the Rent per apartment Felice should charge is the PITI plus expected profit, (where PITI is principal, interest, taxes, and insurance) which is $8,516.

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Related Questions

The Shell Corporation has a 34% tax rate and owns a piece of petroleum-drilling epidament that costs $123,100 and will be depreciated at a CCA rate of 30%. Shell will kase the equipment to others and each year receive $34,000 in rent. At the end of the years, the firm will sell the equipment for $33,500. All values are presented in today's dollars Calculate the overall present worth of these cash flows with tax effects if market interest rate is 10% and annual inflation rate is 2%.

Answers

So, the overall present worth of these cash flows with tax effects is $17,847.65.  

The overall present worth of these cash flows with tax effects can be calculated using the present value formula, which is:

PV = FV / (1 + r)^n

where PV is the present value, FV is the future value, r is the interest rate, and n is the number of periods.

In this case, the future value is the equipment's cost minus its salvage value at the end of its useful life. The salvage value is calculated by subtracting the accumulated depreciation from the equipment's cost.

The salvage value of the equipment at the end of its useful life is calculated as follows:

Salvage value = Cost - Accumulated Depreciation

Salvage value = 123,100−123,100 * (34/100) = $98,647

The future value of the equipment is therefore:

Future value = 123,100−98,647 = $24,453

The interest rate is the tax rate, which is 34%. The number of periods is the number of years that the equipment will be rented, which is 4 years.

PV = Future value / (1 + 34/100)^4

PV=24,453 / 1.344

PV = $17,847.65

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3 Do you think the conflict of interests between these different stakeholder groups could ever be resolved? Explain your answer. [10]

Answers

Answer:

t is possible to resolve conflicts of interest between groups of stakeholders using some techniques and strategies that seek to integrate stakeholders and promote agreements that benefit everyone.

Explanation:

Managing conflicts is not a simple task, so it requires substantial efforts by the entire administration to develop the best strategies for resolving conflicts. It is essential that there is an understanding of the reasons that led to the conflicts and the search for solutions that benefit the greatest possible number of stakeholders.

In a conflict situation, communication is an essential tool in the resolution, it is necessary to know how to listen to all parties and be transparent about the search for an agreement that benefits everyone. It is necessary to integrate the teams and make each one feel heard and understood with regard to conflict and claims. The search for solutions must be the main objective when resolving a conflict, when managed effectively, it is possible to eliminate the reason for the conflicts and even make the teams more motivated at work.

C. ANALOGY BETWEEN CHICKEN EGG AND A CELL
Write the best word that matches the example provided.
1. EGG SHELL : ___________
2.________ : NUCLEUS
3. EGG WHITE : __________​

Answers

Answer:

1. Cell membrane.

2. Egg yolk.

3. Cytoplasm

Explanation:

Much like the egg shell, the cell membrane prevents things from entering the cell thereby protecting it the way the shell does for a chicken egg.

The egg yolk in the middle of the egg is like the nucleus in a cell which is also at the middle.

The cytoplasm of the cell is the structure between the nucleus and the cell membrane and this is very similar to the egg white which exists between the egg yolk and the egg shell.

The analogy between chivken egg and a cell is Cell membrane,Egg yolk

and cytoplasm.

The best word that matches the example provided are :

1. EGG SHELL :Cell membrane.

2. Egg yolk : NUCLEUS

3. EGG WHITE : Cytoplasm

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what makes recession and recover different?

Answers

The thing that makes recession and recover different  is that Economic recovery serves as the business cycle stage  which do follow recession .

What is recession and recovery?

Recession and recovery can be described as the economuic terms that is been used by the ecconomist whereby the recession can be seen as the period of economic meltdown where there is usually a high inflation of goods as well as services.

It  should  be noted that the recovery period do follow the reccession which can be described as the sustained period of improving business activity that can happen in a country.

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Oliver is a manager at a clothing store. He spends most of his time in the store with his employees, making sure they work their scheduled hours, watching them interact with customers, and ensuring all the daily tasks are completed sufficiently. Oliver is a

Answers

According to the context Oliver is a first line manager, where his function is more of control and supervision than direction.

What are first line managers?

They are the ones whose function is to supervise the work of the lower levels and to communicate the inconveniences to the middle managers.

These types of managers are found after the operators or workers and lack the authority to make decisions that guide the business course.

Therefore, we can conclude that a first line manager is the one in charge of supervising the work of other people at a lower level, that is, they maintain and manage the work team.

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What is the net present value of the following sequence of annual cash flows at a discount rate of 16 percent APR?| ------------- | ---------------- |t=0 t=1 t=2 -100,000 300,000 A. $136,741.97 B. $122,948.87 C. $158,620.69 D. $139,418.23

Answers

The net present value of the sequence of annual cash flows at a discount rate of 16% APR is $381,569.56. The correct answer is none of the options given.

The net present value (NPV) of a sequence of annual cash flows is the sum of the present values of each individual cash flow, discounted at a specific discount rate. The formula for calculating NPV is:

NPV = ∑ (Ct / (1 + r) ^ t)

Where:
- Ct is the cash flow at time t
- r is the discount rate
- t is the time period

In this case, the discount rate is 16% APR, or 0.16, and the sequence of annual cash flows is -100,000 at t=0, and 300,000 at t=1 and t=2. Plugging these values into the formula, we get:

NPV = (-100,000 / (1 + 0.16) ^ 0) + (300,000 / (1 + 0.16) ^ 1) + (300,000 / (1 + 0.16) ^ 2)
NPV = -100,000 + 258,620.69 + 222,948.87
NPV = $381,569.56

Therefore, the net present value of the sequence of annual cash flows at a discount rate of 16% APR is $381,569.56. The correct answer is none of the options given.

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Hey everyone, I just thought you all should know that...
you are AMAZING
you are BEAUTIFUL
you are SMART
you are KIND
you are NOT going to give up on your FIGHT
and you better stay ALIVE!!! <33

Answers

Answer:

thanks lol

you too-

1. Buyers, sellers, and producers all have someone else they are competing with for economic benefits. This is known as:
O competition
O monopoly
O collusid
O cartels

Answers

Answer:monopoly

Explanation:

Government Q imposes a net income tax on businesses operating within its jurisdiction. The tax equals 2% of income up to $500,000 and 4% of income in excess of $500,000. Company K generated $686,000 net income this year. Compute the income tax that Company K owes to Q.

Answers

Company K owes $17,440 in income tax to Government Q based on their net income of $686,000.

Company K operates within Government Q's jurisdiction and is subject to their net income tax policy. To calculate the income tax owed, we need to consider the two tax brackets specified: 2% for income up to $500,000 and 4% for income exceeding $500,000.

Company K generated a net income of $686,000 this year. First, we calculate the tax for the income within the 2% bracket: 2% of $500,000 equals $10,000.

Next, we need to determine the income that falls within the 4% bracket. Company K's income exceeding $500,000 is $686,000 - $500,000, which equals $186,000. Now, we apply the 4% tax rate to this portion of income: 4% of $186,000 equals $7,440.

Finally, we add the taxes from both brackets to find the total tax owed by Company K to Government Q: $10,000 (from the 2% bracket) + $7,440 (from the 4% bracket) = $17,440.

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What is the act of gathering information relative to a company's action and the factors that affect the space in which the company operates?

Answers

The answer is Market Research .


All changes saved
2. It's best for event marketers to have a single official website listing information about the event?

Answers

Answer:

True

Explanation:

Customers have a preference for a one-stop shopping experience. In other words, customers would prefer to shop in a store that provides a variety of all the products and services they need.

For event marketers, it will be advantageous if they list all their services on a single website.  Customers requiring a wide range of services are likely to contact them for business. If they list services on different websites, customers will likely view them as different providers, offering varied services. This will make them continue searching for a preferred service provider.

Suppose that instead of leasing the Accord, Nigel decides to buy the Honda Accord for $22,180. Would this contract need to be in writing to be enforceable?

Answers

L

Answer:

yes, pursuant to UCC, Section 2-201

Explanation:

Statute of frauds is a provision that requires certain transactions be in writing. This is usually based on the amount involved in the transaction.

In the given scenario according Section 2-201 of the UCC a contract that is above $500 should not be entered unless there is a written contract.

An oral contract won't suffice In this case.

why did God call abraham​

Answers

Answer: god chose Abraham and said i will make you a great nation and i will bless you.

Explanation: god commanded  Abram to move to another country . This is why god planned to make of Abram a new nation from which the prophets of god and the savior of the world would arise.

in general, electric, gas, and water companies are examples of __________ monopolies.

Answers

in general, electric, gas, and water companies are examples of natural monopolies.

A natural monopoly is a type of monopoly that occurs when a single company can supply a good or service to an entire market at a lower cost than any potential competitor. Examples of natural monopolies include utilities such as electric, gas, and water companies. Due to the high fixed costs of building and maintaining infrastructure, it is often more efficient for one company to supply the entire market.

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_______ is the anxiety or regret that lingers after a difficult decision. (think buyer’s remorse.)

Answers

"Buyer's remorse" is the anxiety or regret that lingers after a difficult decision.

Buyer's remorse refers to the feeling of dissatisfaction, worry, or regret that a person may experience after making a purchase. It often arises when individuals question the wisdom of their decision or feel that they may have made an impulsive or unwise choice. This emotional response can be triggered by factors such as the perceived high cost of the item, a discrepancy between expectations and reality, or doubts about the necessity or value of the purchase.Buyer's remorse can vary in intensity and duration, depending on the individual and the specific circumstances. It is a common psychological phenomenon that highlights the emotional aspect of decision-making and the impact it can have on individuals' well-being.

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Which strategies do prokaryotic cells use to isolate and organize their chemical reactions?

Answers

Prokaryotic cells, which are cells that lack a nucleus and other membrane-bound organelles, use several strategies to isolate and organize their chemical reactions:

Compartmentalization: Prokaryotic cells use membranes to compartmentalize certain chemical reactions. For example, the cell membrane separates the cytoplasm from the external environment, while the plasma membrane of some prokaryotes can invaginate to form specialized compartments for specific metabolic pathways.

Localization of enzymes: Prokaryotic cells often have enzymes that are specifically localized to certain regions within the cell, such as the cell membrane, the cytoplasm, or the nucleoid. This helps to ensure that the enzymes are close to their substrates and can work efficiently.Regulation of gene expression: Prokaryotic cells can regulate the expression of genes that encode for enzymes involved in specific metabolic pathways. This allows the cell to control the production of these enzymes and adjust the rate of the corresponding chemical reactions.Control of substrate availability: Prokaryotic cells can control the availability of substrates for specific chemical reactions. For example, some bacteria can store nutrients, such as glycogen or polyphosphate, within the cell to be used as a source of energy or building blocks for biosynthesis.

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explain the social and psychological factors that influence the buying patterns of customers in business

Answers

Answer:

There are four psychological factors that influence consumer behaviour: Motivation, perception, learning, and attitude or belief system. Motivation speaks to the internal needs of the consumer.

Explanation:

Business profits are dependent on the amount of revenue and expenses that a business experiences.

A.
True

B.
False

Answers

Answer: Yes, business profits are dependent on the amount of revenue and expenses that a business experiences.

Explanation:

Business profits, also known as net income or net profit, is calculated by subtracting total expenses from total revenue. If a business has more revenue than expenses, it will have a positive net income and be considered profitable. If expenses are greater than revenue, the business will have a negative net income and be considered unprofitable.

To increase profits, a business can focus on increasing revenue through sales or pricing strategies, or reducing expenses through cost-cutting measures. For example, a business may choose to increase the price of their products, invest in marketing to increase brand awareness and drive sales, or they may reduce costs by cutting back on unnecessary expenses such as office supplies or travel.

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What can a boosted post help an advertiser achieve?

Answers

A boosted post helps an adviser to connect with the audience and gain trust.

Boosted post is a kind of post that is used on social media platforms in order to enhance the page of the platform and to attract audience to the page. Boosted post can help better communication with the audience along with the increase in a greater number of messages, calls and texts. Boosted posts help for better advertisements of the product. For example, A Chocolate brand may use Boosted posts to gain audience as well as consumers. Boosted posts helps an adviser to be discovered among people, to establish a benchmark in the market and to gain more and more customers. It's a kind of marketing strategy used for publicity purpose.

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The Government of Country Y owns and controls many businesses. "The public sector always produces goods and services more efficiently than privately owned businesses', a Government minister recently said. Other ministers disagree and want to privatize many state-owned businesses. The private sector businesses in Country Y produce 55 per cent of total output - mainly in services such as transport, tourism and finance. The secondary sector of industry produces 35 per cent of total output.

Answers

Answer:

what do i have to answer?

Explanation:

departmental income statements. A ______ center is evaluated based on control of costs so a performance report is prepared instead of an income statement.

Answers

A cost center is evaluated based on control of costs, so a performance report is prepared instead of an income statement.

Cost centers are departments or units within a company that do not directly generate revenue. Instead, they incur costs necessary for the production and sale of goods or services. These costs can include salaries, rent, utilities, and other expenses.

Since cost centers do not directly generate revenue, they are evaluated based on their ability to control costs and operate efficiently. Performance reports are used to measure a cost center's success in controlling costs and achieving operational goals.

These reports typically include metrics such as budget variances, cost per unit produced, and productivity measures.

Unlike departmental income statements, which focus on revenue and profitability, performance reports provide a more detailed analysis of a cost center's operations and how effectively it is contributing to the overall success of the company.

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Your leader asks you to help unload and organize merchandise. A Items - An item that, according to an ABC classification, belongs to a small group

Answers

A product that, according to an ABC classification, is part of a select group that accounts for just 15–25% of the total inventory items while accounting for about 75–80% of the annual demand, usage, or output volume.

What is ABC classification?

The activity-based costing (ABC) approach is a way of allocating overhead and indirect expenses to goods and services, such as salaries and utilities. The ABC classification system of cost accounting is based on activities, which are defined as any occasion, activity, or unit of work with a particular objective. Inventory is split into three groups, A, B, and C, and their values are ranked descendingly in the ABC analysis approach. The highest valued items are those in category A, followed by those in category B and then those in category C.

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If your liquid assets equal $15,000 and your total current debts equal $50,000, your liquidity ratio is:

Answers

I think it would be 0.30:1 I could be wrong though
use the income received and earned only. If your liquid assets equal $15,000 and your current debts equal $50,000, your liquidity ratio is: a. 30%.

An unexpected frost in the orange groves of california would cause:

Answers

Answer:

there would be less oranges so the prices would go higher or there might be no oranges at all. hope that helped

Which of the following is NOT a characteristic of population?
O The people in the group being investigated
O The group from which the sample comes
O The people who are actually measured
O The general population of a segment such as students, voters, etc.

Answers

Answer:

The people who are actually measured

Explanation:

A population is the whole group you want to study while a sample is the group chosen to partake in the study or experiment.

For example you want to carry out a study on the spending habits of millennials in the world. It is impossible to contact all the millennials in the world. The reasonable step would be to choose a sample of the people that would be representative of all the millennials in the world.

Here the population are millennials. while the representative population chosen to represent millennials are the sample

you borrow $820 from your brother and agree to pay back $920 in 15 months. what simple interest rate will you pay

Answers

You will pay a simple interest rate of 8.1% on this loan. It's important to note that this rate only applies to this particular loan and may vary for other loans based on factors such as credit score, lender policies, and loan amount.

To calculate the interest rate you will pay on this loan, we can use the simple interest formula which is: Interest = Principal x Rate x Time. In this case, the principal is $820, the amount to be paid back is $920, and the time is 15 months.
First, let's find the interest charged on the loan: Interest = $920 - $820 = $100.
Next, we can plug in the values we have into the formula and solve for the rate: Rate = Interest / (Principal x Time) = $100 / ($820 x 15/12) = 0.081 = 8.1%.
Therefore, you will pay a simple interest rate of 8.1% on this loan. It's important to note that this rate only applies to this particular loan and may vary for other loans based on factors such as credit score, lender policies, and loan amount.

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Using the discriminant analysis techniques to predict the bankruptcy, answer the following credit worthiness questions regarding Honda and Toyota. The informations for both corporations are shown as follows. Current assets Total assets Current liabilities Shareholders' equity Book value of shareholder's equity Net Revenue Retained earnings Earnings before interest and taxes Market price per share Honda (in million) 7,877 13,535 7,519 a. Calculate the market value for both corporations b. What is the book value of debt for Honda and Toyota? 4,694 8,788 6,168 1,364 1,731 0.20 c. Compute the Z-score for both corporations. d. Explain why Honda have different Z-score from Toyota e. Which corporation has the high possibility of going bankrupt? Explain. Toyota (in million ¥) 9,726 13,670 6,778 5,622 9,835 6,888 839 3,194 0.40

Answers

Calculation of the market value for Honda and Toyota:Market value = Total number of shares x Market price per shareMarket value of Honda= Total number of shares x Market price per shareMarket value of Honda = 1.731 billion shares\(x $35.89\)per share \(= $62.08\)

Calculation of Z-scores for Honda and Toyota:Z-score for Honda =\(1.2A + 1.4B + 3.3C + 0.6D + 1.0\)EZ-score for Honda =\(1.2(7.877/13.535) + 1.4(4.694/13.535) + 3.3(0.20) + 0.6(1,364/13.535) + 1.0(0)\)Z-score for

Honda = 0.40Z-score for Toyota \(= 1.2A + 1.4B + 3.3C + 0.6D + 1.0EZ-score for

Toyota = 1.2(9.726/13.670) + 1.4(8.788/13.670) + 3.3(0.40) + 0.6(839/13.670) + 1.0(6,888/13.670)\)

Z-score for Toyota = 3.50d.

This difference in ratios leads to differences in Z-scores.e. Explanation of which corporation has the high possibility of going bankrupt:Toyota has a lower Z-score of 3.50 compared to Honda's Z-score of 0.40. This indicates that Toyota is more likely to face bankruptcy than Honda. A Z-score of less than 1.81 indicates a high probability of bankruptcy within two years. Therefore, Toyota is more likely to face bankruptcy in the next two years than Honda.

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What is one benefit of submitting a claim to an insurance company?
OIt should result in lower insurance costs.
OIt helps to cover any expenses for a loss.
OIt helps to pay the cost of insurance fees.
It shows a consumer might file in the future.

Answers

It helps to cover any expenses for a loss.The correct answer to the question is B) .

When an individual purchases insurance, they are essentially transferring the financial risk of a potential loss to the insurance company. By submitting a claim to the insurance company, the insured is notifying the company of a loss that has occurred and is requesting reimbursement for any expenses related to that loss. This can include property damage, medical bills, or other types of expenses.

The benefit of submitting a claim to an insurance company is that it helps to cover any expenses for a loss. Depending on the type of insurance policy and the specific circumstances of the loss, the insurance company will typically reimburse the insured for the full or partial cost of the expenses incurred.

This can help to alleviate the financial burden of the loss and ensure that the insured is not left with significant out-of-pocket expenses.

In addition, submitting a claim to an insurance company can also help to prevent future losses. By addressing the issue and making necessary repairs or adjustments, the insured can reduce the risk of similar losses occurring in the future.

Overall, the benefit of submitting a claim to an insurance company is that it provides financial protection and support in the event of a loss. It is important for individuals to understand their insurance policy and to file a claim promptly in order to receive the maximum benefits available. Option B

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activity based costing is most likely to be beneficial when

Answers

Activity-based costing (ABC) is most likely to be beneficial when there are significant variations in overhead costs across different activities or products.

It is particularly useful in situations where traditional costing methods, such as the use of direct labor or machine hours, do not accurately capture the true costs of production.

ABC provides a more accurate allocation of indirect costs by identifying and assigning costs to specific activities or cost drivers that consume resources. It helps in understanding the cost drivers and the relationships between activities, products, and resources.

This information can be valuable in making informed decisions related to pricing, product mix, process improvements, and resource allocation.

ABC is particularly beneficial in complex and diverse production environments where there are multiple products, services, or processes with different levels of resource consumption. It helps in identifying the actual cost drivers and can lead to more accurate cost estimation, cost control, and performance evaluation.

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Human resources in the hospitality industry is responsible for ______


Answers

Answer:

keeping the customer healthy and safe and

Explanation:

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