A property receives a $100,000 gross annual income. It has a 50% operating expense ratio, $25,000 interest
Fantastic news! We've Found the answer you've been seeking!
Question:
A property receives a $100,000 gross annual income. It has a 50% operating expense ratio, $25,000 interest expense, and $25,000 depreciation. The net operating income is
A)
$50,000.
B)
$100,000.
C)
$0.
D)
$25,000.
Related Book For
Spreadsheet Modeling And Decision Analysis A Practical Introduction To Business Analytics
ISBN: 9781305947412
8th Edition
Authors: Cliff T. Ragsdale
Posted Date: