A BGC Office Building was recently sold for P80,000,000. Given the following information: Gross income: factor: 10%

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A BGC Office Building was recently sold for P80,000,000. Given the following information: Gross income: factor: 10% Expenses: 40% of effective gross income What is the equity rate or cash-on-cash rate of return?

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Accounting concepts and applications

ISBN: 978-0538745482

11th Edition

Authors: Albrecht Stice, Stice Swain

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Posted Date: Mar 06, 2024 08:05 AM

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A BGC Office Building was recently sold for P80,000,000. Given the following information: Gross income: factor: 10%

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The cashoncash return also known as the equity rate for this investment is 600 He... View the full answer

Accounting concepts and applications

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