g. What is the net income ratio of a property where the potential gross income is $110,000; the vacancy and collection losses ar

Question

algol [13]

3 years ago

11

g. What is the net income ratio of a property where the potential gross income is $110,000; the vacancy and collection losses ar

e estimated at $10,000; and the operating expenses are estimated at $30,000

Business

1 answer:

Elis [28] · Answer 1 · 2022-09-25T02:12:15+03:00

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 brainly.com/question/25862092