An investor plans to purchase a small retail shopping center. Potential gross income (PGI) over the next 12 months is estimated at $120,000. PGI is expected to increase by 3.5% per year. The vacancy rate is expected to be 7% of PGI. Operating expenses are 40% of effective gross income (EGI). Capital expenditures are 4% of EGI. The vacancy rate, operating expense ratio, and capital expenditure ratio are expected to remain a constant percentage of EGI during the investment period of 3 years. Determine the current market value of the property using the direct capitalization approach, assuming the overall capitalization rate, RO, is 8.75%.

Suppose that an appraiser has come to the following conclusions in evaluating the subject property. Due to the dramatic shift in the perceived safety of the neighborhood, the value of any residential property in the area of the subject property have fallen by $10,000, on average. Due to the subject property’s age, physical deterioration to the building accounts for an estimate of $50,000 in lost value. An evaluation of the floor plan reveals that it is quite obsolete relative to current home buyer preferences. This has a detrimental effect on the value of the property that is estimated to be approximately $15,000. Based on your understanding of adjustments related to accrued depreciation, which of the following pertains to the adjustment for external obsolescence?

Which of the following is the priority nursing assessment for a 3 year old child admitted with neuroblastoma?

The physician prescribed 2 mg /kg of Lasix IV to a child weighing 14.4 lbs. How many mg should the nurse administer?  (Round to the nearest whole number)

A child diagnosed with Leukemia is being discharged after beginning chemotherapy. Which discharge instruction should the nurse give to the parents?

____________ occurs in the thylakoid membrane and produces NADPH, ATP, and Oxygen

The nurse is caring for an infant diagnosed with congenital heart defect. The nurse will implement which of the following intervention to reduce cardiac demands and decrease cardiac workload?

A one-month-old infant is noted to have tachycardia and perspiration on the forehead. Which statement made by the mother indicates the presence of congestive heart failure?

Given the following expected cash flow stream, determine the IRR of the proposed investment in an income producing property and determine whether or not the investment should be pursued using IRR as your decision making criterion. Investment horizon: 5 years; expected (constant) yearly cash flow in each of the next five years: $127,628; expected sale price at end of 5 years: $1,595,350; required return on equity: 5%; acquisition price of property: $1,750,000

In a fee appraisal, the final price for each comparable property that is reached after all adjustments have been made is termed the: