The total gross area of one of our buildings is 24,000 square feet. This building currently has three tenants that occupy 4,800 square feet, 5,200 square feet and 7,100 square feet. We also have a vacancy that totals 1,350 square feet. The building only has four suites to lease. Considering the square footage figures provided, please calculate out the "Load Factor" that applies to this building.

Elementary Algebra
17th Edition
ISBN:9780998625713
Author:Lynn Marecek, MaryAnne Anthony-Smith
Publisher:Lynn Marecek, MaryAnne Anthony-Smith
Chapter8: Rational Expressions And Equations
Section8.7: Solve Proportion And Similar Figure Applications
Problem 8.150TI: For every 1 kilogram (kg) of a child’s weight pediatricians prescribe 15 milligrams (mg) of a fever...
icon
Related questions
icon
Concept explainers
Topic Video
Question
The total gross area of one of our buildings is
24,000 square feet. This building currently
has three tenants that occupy 4,800 square
feet, 5,200 square feet and 7,100 square feet.
We also have a vacancy that totals 1,350
square feet. The building only has four suites
to lease. Considering the square footage
figures provided, please calculate out the
"Load Factor" that applies to this building.
Transcribed Image Text:The total gross area of one of our buildings is 24,000 square feet. This building currently has three tenants that occupy 4,800 square feet, 5,200 square feet and 7,100 square feet. We also have a vacancy that totals 1,350 square feet. The building only has four suites to lease. Considering the square footage figures provided, please calculate out the "Load Factor" that applies to this building.
Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 3 steps

Blurred answer
Knowledge Booster
Application of Algebra
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, advanced-math and related others by exploring similar questions and additional content below.
Recommended textbooks for you
Elementary Algebra
Elementary Algebra
Algebra
ISBN:
9780998625713
Author:
Lynn Marecek, MaryAnne Anthony-Smith
Publisher:
OpenStax - Rice University
Intermediate Algebra
Intermediate Algebra
Algebra
ISBN:
9780998625720
Author:
Lynn Marecek
Publisher:
OpenStax College
Intermediate Algebra
Intermediate Algebra
Algebra
ISBN:
9781285195728
Author:
Jerome E. Kaufmann, Karen L. Schwitters
Publisher:
Cengage Learning
Elementary Geometry For College Students, 7e
Elementary Geometry For College Students, 7e
Geometry
ISBN:
9781337614085
Author:
Alexander, Daniel C.; Koeberlein, Geralyn M.
Publisher:
Cengage,
Algebra for College Students
Algebra for College Students
Algebra
ISBN:
9781285195780
Author:
Jerome E. Kaufmann, Karen L. Schwitters
Publisher:
Cengage Learning
College Algebra (MindTap Course List)
College Algebra (MindTap Course List)
Algebra
ISBN:
9781305652231
Author:
R. David Gustafson, Jeff Hughes
Publisher:
Cengage Learning