Which of the following items is identified as the most accurate measure of current economic income?
A.Accounting net earnings.
B.Funds from operations.
C.Adjusted funds from operations.
答案:C
考点:理解Net earnings、FFO和AFFO
解析:
由于Adjusted funds from operations衡量的是可以直接用于分红的现金流,因此是对current economic income的最佳度量。所以,正确答案为C。
对于选项A,Accounting net earnings中没有考虑depreciation expense,deferred tax expenses和gains or losses from sales of property and debt restructuring所带来的影响,并没有很好地衡量current economic income。
因此,该选项错误。
对于选项B,Funds from operations中包含了non-cash rent,maintenance-type capital expenditures和leasing costs这些无法给投资者带来实质收益的部分,无法很好地衡量current economic income。因此,该选项错误。