Genaro needs to capture a return of 40 percent for his one-year investment in a property. He believes that he can sell the property at the end of the year for $150,000 and that the property will provide him with rental income of $25,000. What is the maximum amount that Genaro should be willing to pay for the property?
A) $112,500
B) $125,000
C) $137,500
D) $150,000
Ans: B) $125,000
Business
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Fill in the blank(s) with the appropriate word(s).
Business
Retail facilities must meet all of the following business requirements except ________
A) Appropriate selling area and configuration of that space B) Space for offices, storage, restrooms, deliveries, and other special needs C) Signage for rules/regulations D) Parking that is adequate for the anticipated customer volume E) Private area for female customers to attend to children
Business