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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?
Explain Division of Work (or Labour). It is a famous principle of Economics, invented through Adam Smith who was the traditional economist. Fayol had advocated Division of wo
A production process is known to produce a particular item in such a way that 5% of these are defective. If two items are randomly selected as they come off the production line, wh
What are the internal and external factors (HR/Business) that will affect the global organization today when doing business overseas
Define job evaluation. Definition: Job evaluation is a systematic process of evaluating various jobs of an organization. Depending on the characteristics and needs of a job, jo
Hi I answers a question and earned 10 percent off my next purchased. I just rented books and did not get the discount how can i reversed this??
One of the most influential pieces of legislation was the Sarbanes-Oxley Act of 2002. This act greatly increased the transparency of financial disclosure in light of accounting sca
Question 1: What are the main characteristics of a Supply Chain? Mutually linked companies and Supplier-Customer relationships Gathers products from supplier to customer al
I have a take home exam that I need to be solved 100 % correct , please . I need it within 23 hours EXACTLY from now please . Thank you so much and I am really looking forward to s
how to calculate individual productivity
1. Grapple Industries has 1,000 full-time and part-time employees who manufacture parts for hand tools. Company policy states that part-time employees are not eligible for overtime
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