The difference between the net operating income NOI) and the equity before-tax cash flow EBTCF) is:

Question

Quizplus · Accepted Answer

The difference between the Net Operating Income (NOI) and the Equity Before-Tax Cash Flow (EBTCF) is primarily the debt service and capital expenditures. NOI does not account for financing costs or capital expenditures, whereas EBTCF reflects the cash flow available to equity investors after accounting for these expenses.

The Difference Between the Net Operating Income NOI) and the Equity