Question
A lease provides for a minimum rental of $ 8,400 per year, plus 7% of gross income over $200,000 year. The tenant paid $10.500 total
A lease provides for a minimum rental of $ 8,400 per year, plus 7% of gross income over $200,000 year. The tenant paid $10.500 total rent for the year. What were the gross sales?
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Financial Management Principles And Applications
Authors: J William Petty, Sheridan Titman, Arthur J Keown, John D Martin, Peter Martin, Michael Burrow, Hoa Nguyen
6th Edition
1442539178, 9781442539174
