Last year your firm managed a 48-unit apartment building. Two units were four-bedroom, penthouse units renting for $1,000 per month. Twenty-five units with three bedrooms and two baths rented for $850 per month. Ten two-bedroom units rented for $750 per month, and 11 one-bedroom apartments with balconies rented for $650 per month. The three-bedroom units carried a 5% vacancy; the two-bedroom units carried a 5% vacancy; the one-bedroom units carried a 10% vacancy. The four-bedroom units were occupied the entire year. The management fee is 12 %. How much commission did your firm gross last year from managing this building

Profits from using currency options and futures.on july 2, the two-month futures rate of the mexican peso contained a 2 percent discount (unannualized). there was a call option on pesos with an exercise price that was equal to the spot rate. there was also a put option on pesos with an exercise price equal to the spot rate. the premium on each of these options was 3 percent of the spot rate at that time. on september 2, the option expired. go to the oanda.com website (or any site that has foreign exchange rate quotations) and determine the direct quote of the mexican peso. you exercised the option on this date if it was feasible to do so. a. what was your net profit per unit if you had purchased the call option? b. what was your net profit per unit if you had purchased the put option? c. what was your net profit per unit if you had purchased a futures contract on july 2 that had a settlement date of september 2? d. what was your net profit per unit if you sold a futures contract on july 2 that had a settlement date of september 2

Pear co.’s income statement for the year ended december 31, as prepared by pear’s controller, reported income before taxes of $125,000. the auditor questioned the following amounts that had been included in income before taxes: equity in earnings of cinn co. $ 40,000 dividends received from cinn 8,000 adjustments to profits of prior years for arithmetical errors in depreciation (35,000) pear owns 40% of cinn’s common stock, and no acquisition differentials are relevant. pear’s december 31 income statement should report income before taxes of

George retired from a local law firm and then volunteered to oversee a nonprofit's legal records. george is performing the duties of a: