Answered

At Westonci.ca, we connect you with the answers you need, thanks to our active and informed community. Get immediate and reliable solutions to your questions from a knowledgeable community of professionals on our platform. Join our platform to connect with experts ready to provide precise answers to your questions in different areas.

g. What is the net income ratio of a property where the potential gross income is $110,000; the vacancy and collection losses are estimated at $10,000; and the operating expenses are estimated at $30,000

Sagot :

francocanacari

The net income ratio of the property is $ 70,000.

To determine what is the net income ratio of a property where the potential gross income is $ 110,000; the vacancy and collection losses are estimated at $ 10,000; and the operating expenses are estimated at $ 30,000, the following calculation should be performed:

  • 110,000 - 10,000 - 30,000 = X
  • 100,000 - 30,000 = X
  • 70,000 = X

Therefore, the net income ratio of the property is $ 70,000.

Learn more about maths in https://brainly.com/question/25862092

We appreciate your time. Please come back anytime for the latest information and answers to your questions. We hope this was helpful. Please come back whenever you need more information or answers to your queries. We're dedicated to helping you find the answers you need at Westonci.ca. Don't hesitate to return for more.