Question: Wilson Development Co. is constructing a 282,000 sq. ft. shopping center with the following data, land cost of $5 million, hard, and soft costs of

Wilson Development Co. is constructing a 282,000 sq. ft. shopping center with the following data, land cost of $5 million, hard, and soft costs of $90/sq. ft., EGI of $15/sq. ft. and operating expenses of $8.40/sq. ft. The stabilized return on cost is?

A. 5.9%

B. 6.13%

C. 13.6%

D. 7.5%

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock blur-text-image

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!

Wilson Development Co. is constructing a 282,000 sq. ft. shopping center with the following data, land cost of $5 million, hard, and soft costs of $90/sq. ft., EGI of $15/sq. ft. and operating...

6. Wilson Development Co. is constructing a 282,000 sq. ft. shopping center with the following data, land cost of $5 million, hard, and soft costs of $90/sq. ft., EGI of $15/sq. ft. and operating...

Northfork Development Co. plans to develop, own and operate, Rolling Meadows, a high-quality shopping center development. Northfork plans to use both interim and permanent financing and has...

please complete all parts and show work and formulas in excel. 2. The CEO of Kuehner Development Co. has just come from a meeting with his marketing staff where he was given the latest market study...

Been trying for hours. Help would be great - Ill give it a thumbs up 2. The CEO of Kuehner Development Co. has just come from a meeting with his marketing staff where he was given the latest market...

Please see the attachment and prepare financial analysis using spreadsheet and determine whether or not they should go with the project. For the exclusive use of Z. Wu, 2016. REVISED APRIL 14, 2016...

In Chapter 3, you were introduced to 3 types of costs associated with a manufactured product ? direct materials, direct labor, and manufacturing overhead. Explain how these costs are associated with...

For the exclusive use of M. Jabarzadnouri, 2018. S w 904M82 LOBLAW COMPANIES LIMITED1 Ramasastry Chandrasekhar prepared this case under the supervision of Professor Charlene Zietsma solely to provide...

Most people view bonds in highly rated companies or municipalities as "safe" investments. If you could safely say that the bond originator will not default, what are the other risks to holding a...

Explain why single-tailed amphiphiles tend to form micelles whereas two-tailed amphiphiles tend to form bilayers.

The real risk - free rate is 3 . 0 5 % , inflation is expected to be 3 . 6 0 % this pear, and the maturity risk premium is equilbrium rate of return on a 1 - year Treasury bond? 8 . 1 8 % b . 5 . 6 5...

A random sample of 43 biology students in a science program are selected for a study. Of those selected, only 27 passed the mid term exam. At the 5% significance level, is there sufficient evidence...

How do equal employment opportunity laws differ from diversity management?

In conducting a utilization analysis, Michael discovers that although 30 percent of the general population of construction workers are black, only 10 percent of Supremes employees are black....

How would your student experience be different if your schools student body was not diverse? Explain.