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Question
Given the following information, calculate the break-even ratio on the following commercial property. Operating expenses: $650,000, Capital expenditures: $105,000, Potential gross income: $2,500,000, Debt service in the first year: $960,000, Loan amount: $20,000,000, Purchase price: $27,300,000A.43.7 %
B.55.8 %
C.68.6 %
D.75.2 %
Answer
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Related questions
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