A 3,000 square foot office space is leased for $17.00 per square foot. The space is vacant one month out of the year. Expenses total $22,500 for the year but an expense stop is in place that passes $4,500 of these expenses onto the tenant. What is the landlord's Net Operating Income

$28,750

Explanation:

Landlord's Operating income = Revenue - Expenses

Revenue

= 3,000 * 17 * 11/12 months  

= $46,750

Expenses

Expense stop passes $4,500 to tenant so;

= 22,500 - 4,500

= $18,000

Operating income = 46,750 - 18,000

= $28,750

agriculture and oil. natural resources, industry.

1) the stages a new product goes through from beginning to end, i.e., the stages that a product passes through from introduction through growth, maturity, and decline. 2) the time from initial research and development to the time at which sales and support of the product to customers are withdrawn. 3) the period of time during which a product can be produced and marketed profitably.

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