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Flashcards in Airport Property Management Principles Deck (6)
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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