Question
Wilson Development Co. is constructing a 282,000 sq. ft. shopping center with the following data, land cost of $5 million, hard, and soft costs of
Wilson Development Co. is constructing a 282,000 sq. ft. shopping center with the following data, land cost of $5 million, hard, and soft costs of $90/sq. ft., EGI of $15/sq. ft. and operating expenses of $8.40/sq. ft. The stabilized return on cost is?
A. 5.9% B. 6.13% C. 13.6% D. 7.5%
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Accounting For Managers Interpreting Accounting Information For Decision Making
Authors: Paul M. Collier
5th Edition
111900294X, 978-1119002949
