Step Down Method Accounting Question Need Help
Pietro Corporation uses the step-down method to allocate service department costs to operating departments. The company has two service departments, General Management and Physical Plant , and two...
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12/13/14
Real Estate investment purchase, cash,100K plus loan,500K Income $56K,debt$44k, what is the % of cash return
building bought using $100K cash and $500K loan
2- His net operating income is $56K
3- His debt service is $44K
4- what is his percentage of cash on cash return?
Pamela
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