(17) Real Estate Investments and Business Opportunity Brokerage Flashcards
1
Q
Liquidation value may be used to establish the minimum value of a business that is
A
Failing
2
Q
Dividing the operating expenses by the effective gross income results in the calculation of the _____ _____ ratio
A
Operating expenses
3
Q
The risk associated with losses from storms, fire or theft, is referred to as ____ risk
A
Static
4
Q
What is the time period established by the IRS over which nonresidential and residential property can be depreciated
A
39 Non-residential
27.5 Residential
