Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. finance
  3. if an income property has an annual effective gros

If an income property has an annual effective gross income of $64,000 with total expenses...

60.1K

Verified Solution

Question

Finance

If an income property has an annual effective gross income of $64,000 with total expenses of $30,000 and variable expenses of $17,000. What is the outgoings expense ratio?

a. 0.73
b. 0.27
c. 2.13
d. 0.47

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Algebra
1.2K views

a A florist is making 5 identical bridesmaid bouquets for a wedding She has 610...

Biology
1.2K views

62 Which technique is commonly used to determine the three dimensional conformation of a protein...

Basic Math
1.2K views

A student has a current grade of 75 percent in a class The first test...

Basic Math
1.2K views

21. Which of the following is the onlytriangle whose sides form a righttriangle?A. a=2 unitsb=4...

Calculus
1.2K views

Consider the following equation of an ellipse x 4 v 1 36 16 Step 3...

Calculus
1.2K views

Help Lecture 1475 Which of the following is the graph of x 3y 5x 4y...

Calculus
1.2K views

Graph the function f x 5 sin x O GL y 41 O 41 2

Algebra
1.2K views

Destiny deposits some money into a new savings account that earns 7 interest compounded continuously...

Accounting
1.2K views

Adjusting Entries Date Sept 30, Year 2 Sept 30, Year 2 Sept 30, Year 2...

Accounting
1.2K views

Pearl Products Limited of Shenzhen, China, manufactures and distributes toys throughout South East Asia. Three...

Accounting
1.2K views

How does a company like Southwest Airlines use a balanced scorecard approach to translate its...

Accounting
1.2K views

Aaron Corporation, which has only one product, has provided the following data concerning its most...