Section 4: Managing a Real Estate Office Flashcards
1
Q
Ratio that shows whether the firm has enough assets to cover its obligations
A
Current ratio
2
Q
Rental income from investment properties would be included in gross income
A
True
3
Q
Loan proceeds
A
Appear on the cash flow statement but not on the income statement
4
Q
Budgets
A
Crucial component of a business plan
5
Q
A
