Question 176

A property has 120 rooms and each room has a monthly rent of Rs.750. The occupancy rate throughout the year is 80% and maintenance expenses per year works out to be Rs.3,00,000. Capitalization rate is 12%.
Calculate the value of the property?
  • Question 177

    Amount of liability of payment of gratuity is calculated at the rate of
  • Question 178

    Mr. D'suza is a operations manager in a private company college in Hyderabad. During the previous year
    2011-12, he gets the following emoluments:
    He gets Rs. 17,500 as reimbursement from his employer in respect of medical expenditure incurred on treatment of his wife in a private clinic. Besides, he gets Rs.12, 300 as reimbursement from the employer in respect of books and journals purchased by him in discharging his official work.
    He contributes 11% of his salary to statutory provident fund to which a matching contribution is made by the employer. During the year, he spends Rs.17, 000 for maintaining a car for going to the college. Determine his net income under the head salaries.
  • Question 179

    Often burdened with loan and generally both of the spouses work to earn their living. Under which category this type of family falls?
  • Question 180

    You are considering an investment with the following cash flows. Your required return is 8%, you generally require a payback of 3 years and a discounted payback of 4 years. If your objective is to maximize your wealth, should you take this investment?