When performing the return calculations for real estate, which of the following best describes capital employed under the GIPS real estate provision?
Your answer: B was incorrect. The correct answer was C) Beginning of period capital adjusted by time-weighted cash flows.
All return calculations must use beginning capital adjusted for time-weighted cash flows during the period.
When performing the return calculations for real estate, which of the following best describes capital employed under the GIPS real estate provision?
Your answer: B was incorrect. The correct answer was C) Beginning of period capital adjusted by time-weighted cash flows.
All return calculations must use beginning capital adjusted for time-weighted cash flows during the period. |