Webster Office Plaza, a 17-story office property with 438,338 square feet of rentable area. Estimates of revenue used to compile this statement are based on a total of 65 leases, which include a combination of flat, step-up, and indexed rents. Based on the rentable area, and assuming full occupancy, a weighted average has been used to estimate total rent at $28.73 per rentable square foot for the coming year. The property also should produce other income from some retail services, cell tower rents, and parking and storage fees and are estimated to be $442,935. Expected expense recoveries from tenants are $1,032,322. This amount was estimated by reviewing expense provisions in each of the 65 leases. Vacant space is estimated to be equivalent to 5 percent of gross rent. Concessions (moving allowances and rent discounts given to new tenants) are estimated at 1.4 percent are deducted from revenues. What is the effective gross income?
Please post a step-by-step solve.

Answers

Answer 1

Therefore, the Effective Gross Income (EGI) is $13,232,210.45. Effective Gross Income (EGI) is the amount of revenue produced by an income-generating property. It is computed as the total revenue from a property minus the cost of vacancies and credit losses.

Given, Rentable area = 438,338 square feet

Estimated rent per square foot per year = $28.73

Total rent for the year = (Rentable area) x (Estimated rent per square foot per year) = (438,338) x ($28.73) = $12,582,434

Other Income = $442,935

Expense recoveries = $1,032,322

Concessions = 1.4% x ($12,582,434 + $442,935) = $192,691.12

Vacant space = 5% x ($12,582,434 + $442,935 - $192,691.12) = $632,789.43

EGI = Total rent for the year + Other Income + Expense recoveries – Concessions – Vacant space

= $12,582,434 + $442,935 + $1,032,322 – $192,691.12 – $632,789.43 = $13,232,210.45

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Related Questions

Imagine you work in a factory that produces several types of bicycles. A county bureaucrat delivers a report listing numbers, types, and prices of bicycles the factory should make for the upcoming season. Which kind of economic system is this most likely to be? Explain

Answers

The economic system depicted in this example is a Command Economy since the government determines the production decision.

What is a command economy?

A command economy is an economic system in which the following characteristics are prevalent:

Means of production are publicly owned.Economic activity is controlled by a central authority.Quantitative production goals and raw materials are allotted.

A command economy is different from a:

Market EconomyTraditional EconomyMixed Economy.

Thus, the economic system depicted in this example is a Command Economy since the government determines the production decision.

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Can someone fill that blank please and thank you this is music

Can someone fill that blank please and thank you this is music

Answers

Music is a powerful force that enriches our lives, connects us with others, and allows us to tap into the deepest parts of our being. It is a gift that should be cherished and celebrated for its ability to inspire, heal, and unite humanity.

Music is a universal language that transcends cultural boundaries and speaks to the depths of our souls. It has the power to evoke emotions, inspire movements, and bring people together.

From the rhythmic beats of drums to the melodious tunes of violins, music has the ability to transport us to different worlds, stir our imagination, and ignite our passions.

In its essence, music is an art form that allows individuals to express their unique perspectives, experiences, and emotions.

It serves as a medium for artists to communicate their deepest thoughts and feelings, inviting listeners to embark on a journey of self-discovery and reflection.

Whether it's the catchy hooks of pop music, the intricate harmonies of classical compositions, or the raw energy of rock and roll, each genre offers a distinctive experience that resonates with different individuals.

Moreover, music has a profound impact on our well-being. It can uplift our spirits, soothe our hearts, and provide solace during challenging times.

The melodies and lyrics have the ability to heal wounds, provide comfort, and create moments of joy and nostalgia.

In conclusion, music is a powerful force that enriches our lives, connects us with others, and allows us to tap into the deepest parts of our being.

It is a gift that should be cherished and celebrated for its ability to inspire, heal, and unite humanity.

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How did the economic recession and housing crisis affect Obama's domestic goals?

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As he took office in 2009, his primary objective was to jumpstart the economy, create jobs, and improve access to affordable healthcare. However, the recession had severely weakened the economy, resulting in high unemployment rates and reduced consumer spending.
To address these issues, Obama implemented various economic policies, including the American Recovery and Reinvestment Act, which aimed to stimulate economic growth through infrastructure investments and tax cuts. Additionally, he signed into law the Dodd-Frank Wall Street Reform and Consumer Protection Act, which aimed to prevent future economic crises by regulating the financial industry.

The housing crisis also played a role in Obama's domestic goals, as many Americans were struggling to keep their homes due to foreclosure and falling home values. To address this issue, Obama implemented the Home Affordable Modification Program, which aimed to help struggling homeowners refinance their mortgages and avoid foreclosure. Overall, the economic recession and housing crisis forced Obama to prioritize economic recovery and financial regulation, which impacted his domestic goals and policies during his presidency.
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a company with a complex capital structure calculates only basic earnings per share true/false

Answers

False, a company with a complex capital structure calculates both basic earnings per share (EPS) and diluted earnings per share.

False, a company with a complex capital structure calculates both basic earnings per share (EPS) and diluted earnings per share. The complex capital structure often includes securities that can be converted into common shares, such as convertible bonds or stock options. using a variety of securities as opposed to only depending on one type of common stock. A business with a complicated capital structure may include numerous different types of common stock classes, each of which has a separate set of voting rights and dividend rates.

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if the sales cost is $8000 per salesperson, how many salespersons should the company employ to maximize the expected profit

Answers

To determine the number of salespersons the company should employ to maximize expected profit, we need more information about the company's revenue, expenses, and profit margins. Without this information, it is not possible to provide a definitive answer.

However, in general, a company would employ as many salespersons as necessary to generate enough revenue to cover their salaries and expenses while still earning a profit. The number of salespersons needed would depend on factors such as the company's product or service, its target market, its sales strategy, and the competition in its industry.

Therefore, the answer to this question would require more information about the company's specific situation and cannot be determined based solely on the given sales cost per salesperson.

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Finding a job that matches your skills and interests, and finding a job that has a positive job outlook are both important things to consider when selecting a career. Which do you think is more important? Why?
<< Read Less

Answers

Answer: Finding a job that matches your skill and interest.

Explanation:

This is very important and it majorly one of the key things to consider when applying for jobs. Sometimes, desperation makes people take any job without thinking if they like the job or not and this is bad as it will hinder the success of such person in the firm.

A typical example of this is applying for a job that requires proficiency in microsoft office packages and you literally have no knowledge but you only applied considering the Positive outlook of the firm, they are no two ways about this, you'd perform woefully if being asked simply because you don't possess the skill.

Finding a job that matches your skills and interest tends to make the job more enjoyable as you will be more motivated to keep the job and will find great pleasure in carrying out the task given. It also aids your career development as well, according to the saying practice makes perfect, doing what you love will continually help you to grow and develop yourself in your chosen field.

Guya paid 20% more for a name-brand entertainment system than a generic one would have cost.assuming the generic system was $400, how much did he pay for his entertainment system

Answers

Answer:

$480

Explanation:

Find 1% of the cost.

100% = 400

1% = 400 ÷ 100 = 4

Since they are asking for entertainment system, which costs 20% more than the generic, find out 120%.

120% = 4 x 120 = 480

According to the _____, transfer will be maximized when the tasks, materials, equipment, and other characteristics of the learning environment are similar to those encountered in the work environment.

Answers

According to the theory of identical elements, transfer will be maximized when the tasks, materials, equipment, and other characteristics of the learning environment are similar to those encountered in the work environment.

The theory of identical elements, transfer will be maximized when the tasks, materials, equipment, and other characteristics of the learning environment are similar to those encountered in the work environment. This theory suggests that learning is most effective when there is a high degree of similarity between the learning context and the context in which the knowledge or skills will be applied. By designing learning environments that closely resemble the work environment, learners are better able to apply what they have learned in the training to real-world situations. This can result in improved job performance, increased productivity, and other benefits for both the learner and the organization.

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you have a credit card and the average balance on that card, year after year, is $4,000. The credit card company charges 21% annual intrest on your average balance, how much extra money would you have to invest each year if you weren’t paying intrest on that credit card debt?

A. $117
B. $840
C. $273
D. $791

Answers

the answer is b. 840$

The amount of $840 will be extra money one will have to invest each year if you are not paying interest on that credit card debt.

What is a credit service?

This is a loan service provided by credit firm to an individual, business etc which is expected to be repaid with interest.

Extra money = $4,000 * 21%

Extra money = $840

Therefore, the Option B is correct.

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The __________ refers to the level of output at which most plant-level scale economies are exhausted.

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The"minimum efficient scale." The minimum efficient scale refers to the level of output at which most plant-level scale economies are exhausted. In simpler terms, it  the point at which a plant or firm achieves maximum efficiency in terms of production and cost.

Initially, as a firm increases its production output, it benefits from economies of scale. This means that the average cost of production decreases as the firm takes advantage of factors such as bulk purchasing, specialization of labor, and efficient use of resources. However, there comes a point where these economies of scale start to diminish.

At the minimum efficient scale, a firm has reached the optimal level of production. Any further increase in output may lead to diseconomies of scale, where the average cost of production starts to rise. This can be due to factors such as managerial inefficiencies, coordination problems, or increased complexity in managing larger operations.

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Financial accountants:_________
a) provide information to external entities that allows them to evaluate business performance.
b) summarize the company's production activities in a way that allows managers to make decisions.
c) have a primary focus on providing managers within the organization with reports to make good business decisions.
d) work with government lobbyists to push for more favorable accounting regulations.

Answers

Financial accountantssummarize the company's production activities in a way that allows managers to make decisions.

What are financial accounts?

Financial accounts are the accounts that show the profit and loss, expenses and savings, assets and liability, debts and outstanding amount.

Financial accounts help the company to take the future decision that is based on the previous occurrence in the organization. Some of the financial accounts are cash flow statement profit and loss, balance sheet and others.

Thus, option B is correct.

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under the affordable care act which clasification applies tohealth plans based on amount covered cost

Answers

Under the Affordable Care Act (ACA), health plans are classified based on the amount of covered costs into four categories: Bronze, Silver, Gold, and Platinum.

The Bronze plans typically have the lowest premiums but the highest out-of-pocket costs, with the insurer covering about 60% of the healthcare expenses. Silver plans cover around 70% of the costs, Gold plans cover around 80%, and Platinum plans cover around 90%. These categories help consumers understand the level of coverage they can expect from a particular health plan and make informed decisions based on their healthcare needs and budget. The ACA also provides subsidies and cost-sharing reductions to make insurance more affordable for eligible individuals and families.

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I NEED HELP DESPERATELY!!!! BRAINLIEST!!!!
Imagine you are taking an international trip. Where would you go? What are the requirements to enter the country (visa, vaccinations, etc.)? What travel documents do you already possess, and which would you need to obtain? What else might you need to do to plan your trip?
please hurry it's overdue!! tysmmmm

Answers

Answer:

I would go to Canada

Explanation:

Travellers entering Canada by land, air or water, regardless of citizenship, must follow testing and quarantine requirements to keep everyone safe.

Canadians must meet and follow all of the same entry requirements.

Starting April 1, 2022, pre-entry tests are no longer required for fully vaccinated travellers entering Canada by land, air or water. You must still use ArriveCAN within 72 hours before your

How is free riding related to the tendency of a public good to create market​ failure? free riding results in.

Answers

Free riding results in the market producing a quantity of public goods that is inefficiently low because they are non excludable. Free riding is when someone enjoys a shared good without paying to contribute to its creation.

The free-rider problem is a form of market failure that happens when those who use resources, public commodities (such public roads or libraries), or services of a communal nature do not pay for them or do so at a price that is too low. Free riders pose a challenge since they might continue to use or consume the good even though they haven't paid for it (either directly through fees or tolls or indirectly through taxes).

Nonexcludable refers to the idea that it would be expensive or difficult for one user to prevent another from using a good. A good is said to be Nonexcludable if utilizing it by one person does not hinder others from using it.

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Where would you find the Create Table Dialog Box?

Data tab, Get & Transform Data group
Data tab, Outline Command group
Insert tab, Charts gallery
Insert tab, Tables command group

Answers

Answer:

d

Explanation:

took the test

Answer:

D.

Explanation:

correct on edge

Describe at least two capital investments that would increase growth for your business. In other words, how might you expand the frontier of your production possibilities curve? Explain how your capital investments would help, and classify each investment by category: facilities, equipment, labor, marketing, or expansion. (Business would be making baked goods and drawings.

Answers

While the second would fall under marketing. Other potential capital investments for a business like this might include expanding facilities (such as renting a larger kitchen or office space), hiring additional labor to increase production, or expanding the product line to include new baked goods or artwork.

What is Capital Investment?

Capital investment refers to the purchase of long-term assets or investments that are expected to provide benefits for the company over a prolonged period. These investments are intended to generate income or increase productivity and efficiency, rather than be used for immediate consumption.

Online Marketing Campaign (Marketing): Another way to expand the business could be to invest in an online marketing campaign. This might involve hiring a marketing consultant to develop a social media strategy or creating targeted ads to reach a wider audience.

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which situation is an example of skimming?

a) pop-up windows on a computer asking for you pin
b) a retailer scanning your credit card to steal its number
c) bank statements stolen from your garbage
d) a phone call from someone pretending to be a bank employee

Answers

i believe the correct solution is b

Answer:

B.) a retailer scanning your credit card to steal its number

Explanation:

What would you do if fear was not a factor and you could not fail?

Answers

Answer:

I would take advantage while it still lasts

Explanation:

but in real life that actually is a thing to I cry myself to sleep

If total reserves for a bank are $12,000, excess reserves are $2,000, and demand deposits are $100,000, the money multiplier must be________.

Answers

The money multiplier can be calculated using the formula: Money Multiplier = 1 / Reserve Requirement.

To find the reserve requirement, we need to subtract the excess reserves from the total reserves.
Total reserves = Required reserves + Excess reserves
Given that the total reserves are $12,000 and the excess reserves are $2,000, we can substitute these values into the equation:
$12,000 = Required reserves + $2,000
Simplifying the equation, we find:
Required reserves = $12,000 - $2,000 = $10,000

Now, to calculate the reserve requirement, we divide the required reserves by the demand deposits:
Reserve Requirement = Required reserves / Demand deposits
Substituting the values we have:
Reserve Requirement = $10,000 / $100,000 = 0.1

Finally, to find the money multiplier, we take the reciprocal of the reserve requirement:
Money Multiplier = 1 / Reserve Requirement = 1 / 0.1 = 10
Therefore, the money multiplier in this scenario is 10. This means that for every dollar held in reserves, the bank can create up to $10 in new money through loans and the creation of demand deposits.


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Should a congress bill contain “whereas” clauses ?

Answers

Ion really get your question

How did microlending affect some of the lives of the people Ms. Jackley met?

Answers

Microlending platform by Jessica Jackley, helped small businesses to grow and generate income by withdrawing small amount of money easily.

Microlending has reportedly made a positive difference in the lives of many people Jessica Jackley co-founder of the microlending website Kiva, has encountered.

These people have benefited from microlending by using it to launch or grow their small businesses, enhancing their ability to make a living. In many societies where women have little access to financial resources, microlending has aided in their emergence as powerful members of society.

Microlending has made it possible for women to launch or grow small businesses, enhancing their overall well-being, social standing and financial independence. Microlending has given people the chance to escape poverty, earn money and enhance their quality of life as well as the quality of life for their families and communities.

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Which of the following scenarios would lead to improved productivity for a farmer who is growing corn?
A the farmer adds workers but still produces the same amount of corn
B the farmer buys a radio for his tractor so that he can enjoy music while working
C the farmer builds an irrigation system which increases the output and his profits
D the farmer sells his corn for a lower price in order to out-sell his competitors

Answers

Answer:

im pretty sure the answer is d but im not sure

decisions should reflect the _____ costs, rather than just the _____ costs.

Answers

Instead of merely considering O opportunity nonfinancial expenses, decisions should take into account the expected loss principle costs.

Explain costs?

Costs are the economic value of purchases made for use by a company or other accounting entity of supplies, service, labor, products, equipment, and other items. It is the sum listed as the price on invoices and recorded as an expenditure and asset cost basis in bookkeeping records.

Cost is the amount of cash spent by a business to produce or create goods or services. It excludes the profitability markup. Cost is the sum of money spent on making a good or product, as seen from seller's perspective.

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who wants to make a call??

Answers

Answer:

Zoom you mean?

Explanation:

Answer:

I want to call my mom,lol

I NEED THIS FAST PLEASE
Due today!

Which of the following scenarios best reflects a list price?

A. Earrings that are buy one get one free

B. A bike that is half off because of a holiday promotion

C. Socks that have a suggested retail value of $39.99

D. A dress that is 25% off

I NEED THIS FAST PLEASE Due today!Which of the following scenarios best reflects a list price?A. Earrings

Answers

Answer:

C. Socks that have a suggested retail value of $39.99

I NEED THIS FAST PLEASE Due today!Which of the following scenarios best reflects a list price?A. Earrings

The following scenarios best reflect a list price of Socks that have a suggested retail value of $39.99. Thus the correct option is C.

What is the list price?

The specified price at which some is advertised for sale through a specific channel, such as a factory, a retail store, a catalog, or a retail, wholesale, or distributor website is The list price.

The difference between the listing price and the sale price of a property is known as the "listing price," also referred to as the "asking price."The highest price at which a thing may be sold is its list price.

The cost at which a seller decides to put their house on the market is known as the list price. You can specify a particular range of costs and make them exclusive to a certain clientele using a pricing list.

Therefore, option C is appropriate.

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how to concentrate in online videos when our concentration is in Instagram​

Answers

Answer:

instagram

Explanation:

Answer:

There are lots of different ways to keep from distracting yourself. Distance yourself from all other devices you won't be using during the day. Start your day with a healthy breakfast instead of skipping it. Keep your school materials organized, whether they're virtual or offline.

Set a schedule to take small breaks in between to prevent feeling too fatigued. If you focus better with music, play some lofi or a favorite playlist at a low volume.

Good luck, hope this helped!

The new dolphin tank at the aquarium has a radius of 75 feet and a height of 20 feet. What is the volume of the dolphin tank? Round to the nearest tenth. Use 3. 14 for Pi. 9,420. 0 cubic feet 88,312. 5 cubic feet 94,200. 0 cubic feet 353,250. 0 cubic feet.

Answers

The volume of the dolphin tank is 3,530,000 cubic feet.

To calculate the volume of the new dolphin tank at the aquarium, we need to use the formula for the volume of a cylinder:

V = πr²h

where r is the radius and h is the height of the tank.

Substituting the given values, we get V = 3.14 x 75² x 20, which simplifies to 3.14 x 56,250 x 20.

Multiplying these values together, we get 3,540,000 cubic feet. Rounding this answer to the nearest tenth gives us 3,530,000 cubic feet.

This volume of the dolphin tank would be sufficient to provide a comfortable and safe habitat for dolphins to live and thrive in.

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______ Is a market in which a large number of suppliers compete with each other to satisfy the needs and wants of a large numbers of consumers at a competitive price.???

Answers

Answer : Monopolistic competition

Answer:

Monopolistic Competition

Explanation:

In a monopolistic competitive market, there are large numbers of sellers who do not sell identical products instead they sell differential products. They compete with each other at a competitive price. The products could be differentiated in many ways including quality, style, location and even brand name. Since they compete at a competitive price, if there is a substantial rise in the price of any of the products, the buyers could quickly shift from one product to another. The most crucial factor behind product differentiation is because of geographical factors. Under a monopolistic competitive market, the sellers do not have any influence over customer loyalty and limited control over the price.

a political party unites people with shared goals of all the following types except _____ goals.

Answers

A political party unites people with shared goals of all the following types except personal goals. A political party is an organized group of people who share common political beliefs, ideologies, and objectives.

These shared goals typically include economic, social, and foreign policy objectives that benefit the larger society. Personal goals, on the other hand, are those that primarily benefit a single person or a select few, rather than the collective interests of the party or the general public.

In a political party, members work together to achieve common goals for the betterment of society, often setting aside personal ambitions or personal objectives. For example, a political party might promote policies that ensure quality education, healthcare, and social welfare for all citizens.

These are shared goals that benefit the entire community. However, if a party member were to advocate for policies that solely serve their personal interests, such as tax breaks for their own business or special treatment for their family, these would be considered personal goals and would not align with the purpose of a political party.

In summary, a political party unites people with shared goals, including economic, social, and foreign policy objectives that aim to improve society as a whole. Personal goals, which focus on the interests of a single person or a select few, are not the types of goals a political party typically pursues.

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Morning light does not enter the swamp. Even the sunrise is dark. Still, time progresses, night into day
A picture of bayou country is deceiving Slow streams converge under mud to make the appearance of land that is actually water. One net of moss hangs from one hundred trees. Lightning strikes the
same stump many times.
People pass the swamp's fringes in trains, on tracks that cling to the last solid ground. Out of their windows are landscapes that take the earth's colors to every periphery, Bright orange sunsets
surround people like sky on an airplane. On gray foggy mornings they ride through a dream that has no beginning or end. But time has its limits, these people know. They are expected places--Memphis
by midnight, New Orleans by dawn
Deep in the swamp, animals keep the only appointments Birds gather at high places in trees. Raccoons make their last noisy passes for food across someone's back porch before he awakes. Fish all
around splash up, although they cannot see the morning coming to clean the picture of day like clothes bleaching in a galvanized tub from dark gray to light gray
Joan looked out from the porch to the swamp she had known all her life. Ahead of her in the veiled light were the outlines of many trees. Below and around her were the crisp sounds of nature
awakening Cupped in both hands, perched on her knees was a warm mug of coffee.
Which of the following can the reader infer from the passage above?
O Travelers sleep throughout the journey.
O The ride is for airplane passengers to see the sky.
O Travelers lose their sense of the outside world.

Answers

Answer:

Travelers lose their sense of the outside world.

Explanation:

Study Island

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