Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Jun 28, 2024

The subject property has 80% of the total value allocated to the improvement and 20% allocated to the land. If the building capitalization rate is

The subject property has 80% of the total value allocated to the improvement and 20% allocated to the land. If the building capitalization rate is 11.5% and the land capitalization rate is 9.5%, what is the overall capitalization rate?

Step by Step Solution

There are 3 Steps involved in it

Step: 1

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

Step: 3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Advanced Accounting

Authors: Debra C Jeter, Paul K Chaney

5th Edition

1118022297, 978-1118022290

More Books

Students also viewed these Accounting questions

Question

★★★★★

Famas Llamas has a WACC of 9.8 percent. The companys cost of equity is 13 percent, and its cost of debt is 6.5 percent. The tax rate is 35 percent. What is Famas debt-to- equity ratio?

Answered: 1 week ago

Question

★★★★★

What is the theory of continental drift, and how did Alfred Wegener support it? What two key questions were not addressed by the theory, and how were these questions ultimately answered?

Answered: 1 week ago

Question

★★★★★

=+28. Summer jobs. Many college and university students obtain summer jobs. In order to study their earnings, samples of students in three undergraduate programs were asked to report what they earned...

Answered: 1 week ago

Question

★★★★★

The Northern Division of Shea Corporation makes and sells tables and beds. The following estimated revenue and cost information from the divisions ABC system is available for 2013. Additional...

Answered: 1 week ago

Question

★★★★★

Hackleman Company is constructing a building Construction began in 2018 and the building was completed 12/31/18. Hackleman made payments to the construction company of $1,500,000 on 5/1. $3,600,000...

Answered: 1 week ago

Question

★★★★★

Three-Month Project NOTE! Templates needed Ampersand, Inc., is a small business that operates in Somerset, VT The company is located at 732 Appalachian Way, Somerset, VT 05363. Its federal Employer...

Answered: 1 week ago

Question

★★★★★

A recurrent theme in Canadian environmental law is the imposition of liability for environmental harm in the absence of fault. Discuss under what circumstances the imposition of no fault liability...

Answered: 1 week ago

Question

★★★★★

Describe why it is important for a rural community\'s municpal government to perform a strategic planning process every five to seven years?

Answered: 1 week ago

Question

★★★★★

Question 21 2 pts Zapp's Inc. purchased equipment for $60,000 on January 1, 2021. The salvage value is $1,400, and the estimated useful life is 5 years. The company usually uses the double- declining...

Answered: 1 week ago

Question

★★★★★

Think about the technology you've had access to as an employee or as a student. This can include applications, systems, portals, etc. Which technology did you use the most? What types of technology...

Answered: 1 week ago

Question

★★★★★

Question 1 5 pts International trade may offer lower unit prices but at a higher risk. Consider the total cost and trade off lower production costs with higher priced transportation and more...

Answered: 1 week ago

Question

★★★★★

The structure is hingedly supported at point A. The structure is affected by a triangular load q and a point load F. Solve the symbolic expressions for the support reactions. F=qL B K 2 3L 4L

Answered: 1 week ago

Question

★★★★★

Subjective norms, i.e. the norms of the target group

Answered: 1 week ago

Question

★★★★★

The temporal rule: The closer temporal proximity we have to an event or action, the more probable it is that the distortion of information is less than if the event or action happened longer ago.

Answered: 1 week ago

Question

★★★★★

The relevance of the information to the interpreter

Answered: 1 week ago

Previous Question Next Question