Business, 18.12.2019 18:31 caitlinmariesmith05

24. rosenberg land development (rld) is a developer of condominium properties in the southwest united states. rld has recently acquired a 40.625-acre site outside phoenix, arizona. zoning restrictions allow at most eight units per acre. three types of condominiums are planned: one-, two-, and three-bedroom units. the average construction costs for each type of unit are $450,000, $600,000, and $750,000, respectively. these units will generate a net profit of 10%. the company has equity and loans totaling $180 million dollars for this project. from prior development projects, senior managers have determined that there must be a minimum of 15% one-bedroom units, 25% two-bedroom units, and 25% three-bedroom units. evans, james r.. business analytics (p. 513). pearson education. kindle edition.

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