To calculate cost per square foot, divide the purchase price of a house by its total square footage. For instance, if a house with 2,000 square feet sells for $180,000, the cost per square foot is $90 per square foot.
Cost per square foot can also be determined for rental property. Divide the amount of the annual rent by the number of square feet. For instance, a 1,000-square-foot property that rents for $10,800 a year costs $10.80 per square foot. In rentals, square footage sometimes includes a portion of the spaces available to all tenants, such as lobbies and hallways. On the other hand, "usable square feet" refers only to the square footage within the walls of the leased area.Learn More
Housing benefits for United Kingdom citizens can be calculated using the benefits calculators on sites such as Entitltedto or Turn2Us. Before starting, be sure to gather information about your finances, existing benefits and taxes. If additional help is needed, you can contact a welfare rights adviser for assistance with calculating housing benefits.Full Answer >
Liquidity is the ability of a company or country to meet its near-term cash flow requirements. Solvency is the ability for a company or country to meet its long-term financial obligations.Full Answer >
An economic continuum is a method of categorizing parts of the economy, starting with those parts closest to the natural environment and flowing to those parts furthest away from it, according to About.com Geography. More developed countries have longer continua.Full Answer >
The formula for total profit, or net profit, is total revenue in a given period minus total costs in a given period. If a business generates $250,000 in total revenue in a quarter, but has $215,000 in total costs, its total profit for the period is $35,000.Full Answer >