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1. The revenue a property is expected to generate after adjusting for operating expenses, but before providing for debt service or income tax consequences, is ______________ .

net operating income

effective gross income

normalized gross income

before-tax cash flow

2. Airfoil, Inc. has a beginning long-term debt of $270 and an ending long-term debt of $315.

The beginning and ending total debt balances are $440 and $460, respectively.

The interest paid is 15.

What is the amount of the cash flow to creditors?

Financial Management, Finance

  • Category:- Financial Management
  • Reference No.:- M92843427

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