Advantages of competitive bidding
Compare the advantages of competitive bidding for a general contractor with negotiated cost plus fee. What is the argument for using a maximum cost with sharing of overruns or savings between developer and general contractor?
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On January 1, 2007 Charles Jamison borrows $40,000 from his father to open a business. What are the annual payments?
In 2013, Ryan Management collected rent revenue for 2014 tenant occupancy. For financial reporting, the rent is recognized as income in the period earned, but for income tax reporting it is taxed when collected.
In selecting an architect, what must a developer consider about the architect besides design credentials and relevant experience?
If the historical cost of product X is $64, the selling price product X is S90, the costs to sell product X are S14, the replacement cost for product X is $55, and the normal profitt margin is 30%.
Direct materials used $29,000 Direct labor $17,000 Variable indirect production $13,000 Fixed indirect production $18,000 Variable selling and administrative expenses $22,000
Explain the possible advantages of miniperm financing as opposed to traditional construction financing followed by "permanent" financing.
Why is property development more vulnerable to business cycle risk than investment in existing property of similar type?
Direct materials $0.60 Direct manufacturing labor $3.00 Variable manufacturing overhead $1.20 Fixed manufacturing overhead $1.60 Variable selling $0.80 Fixed selling $1.13 The ties normally sell for $22 each.
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