Place the crab cakes into the oven on the broiler rack, right below the broiler, for around 12 minutes. Halfway through the 12 minutes, remove the crab cakes from the broiler rack, flip the crab cakes, and put them back under the broiler.
What is the 'Operating Expense Ratio - OER'. The operating expense ratio (OER) is a measure of what it costs to operate a piece of property compared to the income that the property brings in. The operating expense ratio is calculated by dividing a property's operating expense by its gross operating income and used for comparing the expenses of similar properties.
Net interest expense decreased significantly from $12.5 million in the third quarter 2007 to $9.5 million in the current quarter, primarily due to lower levels of debt. The effective tax rate was slightly lower in the current quarter; to 37.5% vs. 39.1% in 2007. The current year to date effective tax rate was 38.4%.