Business, 14.05.2021 18:10, Cheyanne5627
Acme Investors is considering the purchase of an undeveloped tract of land. It is currently zoned for agricultural use. If purchased, however, Acme must decide how to have the property rezoned for commercial use and then how to develop the site. Based on its market study, Acme has made estimates for the two uses that it deems possible, that is, office or retail. Based on its estimates, the land could be developed as follows:
Office Retail
Rentable square feet 100,000 80,000
Rents per square foot $24.00 $30.00
Operating expense ratio of 40% 50%
Avg. growth in NOI per annum 3% 3%
Required return (r) 13% 14%
Total construction cost per square foot $100 $100
Required:
Which would be the highest and best use of this site?
Answers: 1
Business, 21.06.2019 23:00, rosie20052019
Which of the following statements about the relationship between economic costs and accounting costs is true? multiple choice accounting costs are equal to or greater than economic costs. accounting costs must always equal economic costs. accounting costs are always greater than economic costs. accounting costs are always less than or equal to economic costs.
Answers: 2
Business, 22.06.2019 17:20, shakira11harvey6
Andy owns islander surfboard inc. in the past, andy has always given his employees bonuses during the holidays if they reached certain sales goals. this year, even though the company is thriving, he decided to cut bonuses from employees and award them to himself instead. what ethical theory of leadership is andy following?
Answers: 1
Business, 23.06.2019 01:30, sabrinarasull1pe6s61
Akika corporation started as a small firm and has grown substantially in the past decade. its interests span from electronics to real estate and aviation. akika's board of directors have now decided to create independent business units for and categorize the actions performed under each domain. each business unit will have distinct roles and responsibilities. which of the 14 principles of fayol does this exemplify?
Answers: 3
Acme Investors is considering the purchase of an undeveloped tract of land. It is currently zoned fo...
Biology, 31.01.2020 10:54
History, 31.01.2020 10:54