1.
Net operating income: Net operating income is also called NOI, it equals all revenue from the property, deducting all the necessary operating expenses. It is basically a calculation which is used to identify the profitability of income generating from investments. The net operating income does not include capital expenditure.
The change (increase or decrease) in net operating income.
2.
Net operating income: Net operating income is also called NOI, it equals all revenue from the property, deducting all the necessary operating expenses. It is basically a calculation which is used to identify the profitability of income generating from investments. The net operating income does not include capital expenditure.
The change (increase or decrease) in net operating income.

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Chapter 5 Solutions
Managerial Accounting
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