accounting

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.

  1. 👍
  2. 👎
  3. 👁

Respond to this Question

First Name

Your Response

Similar Questions

  1. English help

    1. Which of the following sentences is written in the active voice? A.) The wedding dress was sewn by Katie. B.) The red barn was painted by the farmer. C.) The boy jumped on the trampoline.*** D.) The chocolate cake will be

  2. english

    25. which sentence is punctuated correctly? a. "Are you finished yet, Miriam asked?" b. Are you finished yet, " Miriam asked?" c. "Are you finished yet"?Miriam asked. d. "Are you finished yet?" Miriam asked.*** 26. Which sentence

  3. Language Arts

    Which of the following would someone be tempted to Shirk? A: a difficult task B: an annoying person C: joining the gold rush D: a delicious meal

  4. math

    ginny baked a delicious apple pie. john ate 1/4. then aldo ate 1/2 of what was left. how much pie was left over but the anser it 3/8

  1. History

    Imagine you are one of the factory workers at Lowell Mills tasked with creating the headline story for this month’s factory newspaper. Factory Workers—Factory Worker Template 1. First paragraph: Hook your reader into wanting

  2. math

    ginny baked a delicious apple pie. john ate 1/4. then aldo ate 1/2 of what was left. how much pie was left over

  3. English

    Which of the following sentences is punctuated correctly? a. Mississippi the Magnolia State, is known for its delicious food. b. Mississippi, the Magnolia State is known for its delicious food. c. Mississippi, the Magnolia State,

  4. English

    Which of the following sentences is written in the passive voice? -Charlie ran down the street. -The delicious bread is baked by Mr. Jillin.

  1. esl

    is the statement, 'the blueberries tasted delicious.' a passive statement

  2. 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

  3. English

    Which of the following sentences contains a linking verb? Sammy made lunch for us yesterday I smelled the delicious fruit I said the turkey sandwiches looked delicious----< we want lunches from Sammy every day now! Which of the

  4. Educational Tech.

    Which of the following sentences is written in the passive voice? A.Charlie ran down the street. B.The delicious bread is baked by Mr.Jillin. C.The plane will fly at five o'clock. D.Kristin played with her dolls. Is the answer d?

You can view more similar questions or ask a new question.