Question
1. A REIT earns $1,000,000 in rent and incurs operating expenses of $400,000. In addition, the REIT owns property with a cost of $6,000,000 and
1. A REIT earns $1,000,000 in rent and incurs operating expenses of $400,000. In addition, the REIT owns property with a cost of $6,000,000 and depreciates it over a 30-year period using straight-line depreciation. What are the funds from operations?
a. $600,000
b.$400,000
c. $800,000
d. $1,000,000
e. can't be determined
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Essentials Of Health Care Finance
Authors: William O. Cleverley, James O. Cleverley, Paula H. Song
7th Edition
0763789291, 978-0763789299
