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Orangemen Lofts plans to add 300 luxury apartments to its complex in Cohoes. The cost of the land now is $16 million including taxes and fees. The construction cost is expected to be $64 million including the cost of the central amenities. The annual maintenance and operating cost is expected to be $450,000. The company also estimates the market value of the property to be 72% of the construction price after 11 years. The average occupancy rate of 88% is expected each year. What is a minimum monthly rent required to make this investment economically acceptable if the company's minimum attractive rate of return is 6% per year, compounded monthly?
Discuss the anticipated impacts (both positive and negative) upon operating efficiencies, and recommend solutions to minimize the negative impacts.
Is this situation a result of poor supervision or employees thinking that re is nothing wrong because every1 else is surfing. Do you think that this is a reflection of our changes in society.
The following table shows data on the average number of customers processed by several bank service units each day. The hourly wage rate is $30, overhead rate is 1.0 times labor cost.
Do you believe that eminent domain is a morally legitimate right of government? Explain why or why not. Give examples of where the exercise of eminent domain has had positive effects
Explain whether the leaders style is transactional or transformational. What type of leadership characteristics does the leader demonstrate? What aspects of servant leadership does the leader exhibit?
In need of cash, Adrien transfers the instrument for value by blank indorsement back to Jess. When told that Ben has left the country, Jess strikes out Ben's indorsement.
Excelsior's proiducts average inventory is valued at $500,000. Inventory is ordered 52 times per yearat a reordering cost of $700/per order. THe cost of carrying inventory is 20%.
Find out best combination of compost and topsoil that meets stated conditions at lowest cost per bag. Classify lowest cost possible.
It is likely you have thought of an idea(s) for entrepreneurial new-economy ventures. If not, think of one now
Assume a fixed price of $900, a variable price of $4.50 also a selling price of $5.50. Illustrate what is the break-even point. Explain how many units must be sold to make a profit of $500.00.
Profits are 40 cents for a box of Deluxe crackers also 50 cents for a box of Classic crackers. Elucidate what is daily profit when producing optimal amounts.
Discuss job outsourcing by assessing its benefit to U.S. firms. Many marketers now believe that teenagers in the developed countries are becoming "global consumers." That is, they all want and buy the same goods and services.
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