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  5. ACC 205

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Summary QuestionThis is equal to the gross income minus expenses (and sometimes debt service)..
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This is equal to the gross income minus expensesQuestionThis is equal to the gross income minus expenses (and sometimes debt service)...? Gross Operating Income After Tax Cash Flow Rate of Return Net Operating IncomeAnswer & ExplanationThe correct answer is Net Operating Income.Explanation:1....

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  • October 13, 2024
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  • 2024/2025
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Question


This is equal to the gross income minus expenses (and sometimes debt

service)...? Gross Operating Income After Tax Cash Flow Rate of Return Net

Operating Income




Answer & Explanation


The correct answer is Net Operating Income.


Explanation:


1. Gross Income: This refers to the total revenue generated from a property

or business before any expenses are deducted.


2. Expenses: These include all costs associated with operating and

maintaining the property or business, such as maintenance, utilities, taxes,

and insurance.


3. Net Operating Income (NOI): This is calculated by subtracting

operating expenses from gross income. It represents the income generated

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