Airport Property Management Principles Flashcards
1
Q
What are the different types of leases?
A
Straight
Graduated
Percentage
Revaluation
2
Q
What does a typ lease include?
A
1) Recital
2) term (date & duration)
3) rates, fees
4) improvements
5) expiration
3
Q
What are the different types of leases?
A
1) Direct
2) Institutional Operator (master lease)
3) Development company
4
Q
What is a Comprehensive Annual Financial Report (CAFR)?
A
Introductory
Financial
Statistical
5
Q
What does a financial statement have?
A
Statement of Net Assets (balance sheet)
Statement of Activities (income statement)
Cash Flow Statement
6
Q
What are the 3 financial ratios?
A
Leverage
Effectiveness
Profitability