What are the variable costs? What are the fixed costs? How much profit will the program earn if it completes its 45,meal contract with the City of Westchester? Fixed costs are those which do not change with the level of activity within the relevant range.
A Includes our share of real estate depreciation and acquisition expenses from unconsolidated joint ventures if any.
B Represents additional rent received from one tenant in advance of when we can recognize as revenue for accounting purposes. This additional rent is being recorded to revenue on a straight-line basis over the lease life. Investors and analysts following the real estate industry utilize funds from operations, or FFO, as a supplemental performance measure.
FFO, reflecting the assumption that real estate asset values rise or fall with market conditions, principally adjusts for the effects of GAAP depreciation and amortization of real estate assets, which assumes that the value of real estate diminishes predictably over time.
We compute FFO in accordance with the definition provided by the National Association of Real Estate Investment Trusts, or NAREIT, which represents net income loss computed in accordance with GAAPexcluding gains losses on sales of real estate and impairment charges on real estate assets, plus real estate depreciation and amortization and after adjustments for unconsolidated partnerships and joint ventures.
In addition to presenting FFO in accordance with the NAREIT definition, we also disclose normalized FFO, which adjusts FFO for items that relate to unanticipated or non-core events or activities or accounting changes that, if not noted, would make comparison to prior period results and market expectations less meaningful to investors and analysts.
We believe that the use of FFO, combined with the required GAAP presentations, improves the understanding of our operating results among investors and the use of normalized FFO makes comparisons of our operating results with prior periods and other companies more meaningful.
While FFO and normalized FFO are relevant and widely used supplemental measures of operating and financial performance of REITs, they should not be viewed as a substitute measure of our operating performance since the measures do not reflect either depreciation and amortization costs or the level of capital expenditures and leasing costs necessary to maintain the operating performance of our properties, which can be significant economic costs that could materially impact our results of operations.
FFO and normalized FFO should not be considered an alternative to net income loss computed in accordance with GAAP as indicators of our financial performance or to cash flow from operating activities computed in accordance with GAAP as an indicator of our liquidity.
We calculate adjusted funds from operations, or AFFO, by subtracting from or adding to normalized FFO i unbilled rent revenue, ii non-cash share-based compensation expense, and iii amortization of deferred financing costs.
AFFO is an operating measurement that we use to analyze our results of operations based on the receipt, rather than the accrual, of our rental revenue and on certain other adjustments.
We believe that this is an important measurement because our leases generally have significant contractual escalations of base rents and therefore result in recognition of rental income that is not collected until future periods, and costs that are deferred or are non-cash charges.
AFFO should not be considered as an alternative to net income calculated pursuant to GAAP as an indicator of our results of operations or to cash flow from operating activities calculated pursuant to GAAP as an indicator of our liquidity.Feb 12, · Qbr Wk1 Order of Operations and Dependent and Independent Variables Standard Costing Procedure and Cost Variance Analysis of Glaxosmithkline Bangladesh Ltd Chapter 8 Cost-Volume-Profit Analysis Answers to Review Questions.
This page includes Order of Operations worksheets using whole numbers, decimals and fractions. In fact, the two operations are completed in the order that they occur from left to right in the question. This is recognized in PEMA which more correctly shows that there are four levels to complete in an order of operations question.
Week 1 DQ DQ 1 Order of Operations: When using the formula NI = [U * (P-VCu)] - FC, in which order must you complete the calculation? Why does the order of operations matter? Mr.
Feravich and Class, Order of Operations: Well from what we all have learned through any math course from high-school to now, “the specific order in which calculations must be performed to evaluate a series of. Apr 04, · The order of operations allows math problems with a variety of operations to be calculated correctly, no matter what order the information is given in.
If the order of operations was ignored, the answer to a math problem would be based solely on the whatever method was used to calculate it, such as left to right.
Qbr Wk1 Order of Operations and Dependent and Independent Variables Essay CHEx Key Question The following table shows nominal GDP and an appropriate price index for a .
What is a Quarterly Business Review (QBR)? In a QBR, a company uses its past to guide future planning and forecasting. The process is simple and powerful.
But the key is that the executive team must conduct it well and in a way that all cards are on the table, with no fear of honesty.