Pre-Sale Absorption Rate Drops to 20% Prompting Developers to Cancel Projects – Ellie Pourian

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Management is contemplating a 20% increase in the selling price for the next year. Variable costs are currently 50% of sales revenue and are not expected to change in dollar amount on a per units basis next year (the company will pay the same amount for variable costs next year). Fixed expenses are $79.625 per year.

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Start studying Real Estate MD. Learn vocabulary, terms, and more with flashcards, games, and other study tools.. What advance notice must be given by developers who desire to convert apartment buildings more than five years old into time-share projects?

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