A building valued at 195,000 has a gross income of 27,000 and expenses of 45% what is its cap rate?
A) 6.2%
B) 7.6%
C) 13.8%
D) 45%
Answer: B) 7.6%
Business
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A methodology that surveys external opportunities and threats and relates them to internal strengths and weaknesses best defines
A) business case. B) business plan. C) SWOT analysis. D) competitor analysis grid.
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