Assume the following for a floor in a multistory office building: total usable area: 20,000...
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Accounting
Assume the following for a floor in a multistory office building:
total usable area: 20,000 sq ft;
Total common area: 5,000 sq ft;
total rentable area: 25,000 sq ft;
Tenant As usable area: 4,000 sq ft.
Tenant As annual rental rate is $25 per sq ft.
How much total rent does Tenant A pay per year?
*Please show your work & calculations in an Excel.
*Please also indicate the excel equations used to solve the question.
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