One way for a manager of a property to increase the net operating income of a retail store is to increase the flow of customer traffic into the store. If the increased traffic results in increased sales, then the net operating income of the store will increase. If this can be sustained then the manager has increased the value of the property. True or False
One way for a manager of a property to increase the net operating income of a retail store is to increase the flow of customer traffic into the store. If the increased traffic results in increased sales, then the net operating income of the store will increase. If this can be sustained then the manager has increased the value of the property. True or False
Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment
Section: Chapter Questions
Problem 1CE
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Question : One way for a manager of a property to increase the net operating income of a retail store is to increase the flow of customer traffic into the store. If the increased traffic results in increased sales, then the net operating income of the store will increase. If this can be sustained then the manager has increased the value of the property.
True or False
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