Exam term
Natural breakpoint
In a percentage lease, base rent divided by the percentage rate as a decimal: $30,000 over 0.06 is $500,000 of sales. It is a rent threshold, not the store's profit break-even point.
Exam term
In a percentage lease, base rent divided by the percentage rate as a decimal: $30,000 over 0.06 is $500,000 of sales. It is a rent threshold, not the store's profit break-even point.