posted by .

The Delicious Cake Factory owns a building for its operations. Delicious uses only half of the building and is considering two options that have been presented to them. The Candy Store would like to purchase the half of the building that is not being used for $550,000. A 7% commission would have to be paid at the time of purchase. Ice Cream Delight would like to lease the half of the building for the next 5 years at $100,000 each year. Delicious would have to continue paying $9,000 of property taxes each year and $1,000 of yearly insurance on the property, according to the proposed lease agreement.
Determine the differential income or loss from the lease alternative.

Respond to this Question

First Name
School Subject
Your Answer

Similar Questions

  1. geometry

    If I leave the first building going to the second building, what would be the location of the half way point on the grid?
  2. Financial Accounting

    I am so lost on this. I need to prepare adjusting journal entry for this. The truck was acquired on August 1. Franklin estimates the truck will have a useful life of 5 years and no salvage value. The depreciation on the building has …
  3. English

    I urgently need you to help me check these sentences. Thank you, Writeacher 1) I'm sorry we havent' been in touch with each other for a long time. I've just been on holiday with my family. 2) I visited a medieval village and two islands …
  4. English

    Read each sentence COrrect any misplaced or missing commas. Rewrite the sentence. The old restored building is downtown. The old,restored building is downtown. THe moody grumpy boy is Chris. The moody,grumpy boy is Chris. Alyssa brought …
  5. English

    Can you explain to me how this sentence uses cakes instead of cake?
  6. math

    the melt in your mouth chocolate factory is a rectangular building. the distance across the front of the store is 28 yards. the distance from the front to the back of the building is 12 yards. if the owners want to put up a fence around …
  7. mat/156

    If p stands for this meal is delicious and q stands for busy people do not eat, write each of the following in symbolic form. Use this information to answer parts a through c. (A)This meal is delicious. (B)busy people do not eat or …
  8. math

    If Building A had 8 more storeys than Building B, it would have 2 more than half a building with 46 storeys. How many storeys are there in Building B
  9. english help please!!

    Which of the following correctly uses a semicolon?
  10. English

    1. What are the synonyms of delicious? -They are yummy and tastey. 2. What is the antonym of delicious?

More Similar Questions