Ali is considering buying a commercial building in Chicago. He has learned the following facts from his real estate broker: Market Cap Rate 8.00% Rental Income $2,500,000 Operating Expenses $900,000 Existing Annual Mortgage Payment $975,000($225,000 is principal and $750,000 is interest) Current rate for a 15 year mortgage 5% Based on the facts above, what is the Market Price for this building
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Business, 21.06.2019 20:30
He management's discussion and analysis (md& a) required in general purpose federal financial reporting is different than that required by gasb of state and local governments in that: a. it includes information about the agency's performance goals and results in addition to financial activities. b. it is outside the general purpose federal financial report and is optional, not required. c. it is a part of the basic financial statements and, as a result, it is audited along with the financial statements. d. there are no significant differences.
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Business, 22.06.2019 11:00
How did the contribution of the goods producing sector to gdp growth change between 2010 and 2011 a. it fell by 0.3%. b. it fell by 2.3%. c. it rose by 2.3%. d. it rose by 0.6%. the answer is b
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Ali is considering buying a commercial building in Chicago. He has learned the following facts from...
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