The buyer of the property above is interested in the property and believes they can turn a profit under the right circumstances. their perceived rental income would be $175,000 in year 1 with an increase in rent by 3% per year after. however, in order to garner the return the buyer believes is possible it will take an upgrade of the interior immediately costing $300,000 followed by small renovation projects of $50,000 per year thereafter. the buyer believes that if they can put forth this effort they will be able to sell the property for $4.25m at the end of the 6th year with a sales commission of 1.5% of sales price that will need to be paid (sales commission is deducted from the sales price). is this a good investment for the buyer on a before tax basis (calculate the internal rate of return and justify your answer)?

Kiona co. set up a petty cash fund for payments of small amounts. the following transactions involving the petty cash fund occurred in may (the last month of the company's fiscal year). may 1 prepared a company check for $350 to establish the petty cash fund. 15 prepared a company check to replenish the fund for the following expenditures made since may 1. a. paid $109.20 for janitorial services. b. paid $89.15 for miscellaneous expenses. c. paid postage expenses of $60.90. d. paid $80.01 to the county gazette (the local newspaper) for an advertisement. e. counted $26.84 remaining in the petty cashbox. 16 prepared a company check for $200 to increase the fund to $550. 31 the petty cashier reports that $380.27 cash remains in the fund. a company check is drawn to replenish the fund for the following expenditures made since may 15. f. paid postage expenses of $59.10. g. reimbursed the office manager for business mileage, $47.05. h. paid $48.58 to deliver merchandise to a customer, terms fob destination. 31 the company decides that the may 16 increase in the fund was too large. it reduces the fund by $50, leaving a total of $500.

An investment offers a total return of 18 percent over the coming year. janice yellen thinks the total real return on this investment will be only 14 percent. what does janice believe the inflation rate will be over the next year?

Based on what you learned about time management which of these statements are true