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Real Estate Principles 3rd Edition by David Ling,Wayne Archer
Edition 3ISBN: 978-0073377322Real Estate Principles 3rd Edition by David Ling,Wayne Archer
Edition 3ISBN: 978-0073377322 Exercise 20
The operating expense ratio:
A) Highlights the relationship between net operating income and operating expenses.
B) Shows the percentage of potential gross income consumed by operating expenses.
C) Expresses operating expenses as a percent of effective gross income.
D) Should reflect the cost of mortgage financing.
A) Highlights the relationship between net operating income and operating expenses.
B) Shows the percentage of potential gross income consumed by operating expenses.
C) Expresses operating expenses as a percent of effective gross income.
D) Should reflect the cost of mortgage financing.
Explanation
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The Operating Expense Ratio :
The correc...
Real Estate Principles 3rd Edition by David Ling,Wayne Archer
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