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Asset Es t i m at ed Worth Debt Net Worth Debt Ratio* The Pyramids of Gaza $820 $820 $0 1.0 East Side Yards 450

Asset

Estimated Worth

Debt

Net Worth

Debt Ratio*

The Pyramids of Gaza

$820

$820

$0

1.0

East Side Yards

450

175

30

0.39

Phoenix Casino

640

275

345

0.43

Moguls Lair Casino

600

415

6

Serenas Shuttle

400

400

0

Stefanias Tower

200

100

0

Cash

130

160

30

Igors Condos

115

5

45

Marketable Securities

90

75

15

Serenas Palace

80

80

0

Stefanias Plaza

70

50

3

Grand Brand Hotel (50%)

70

30

40

Igor Regency

65

85

20

Igor Plaza Coops

45

0

25

Mogul Air

40

0

30

Personal Transportation

40

0

30

Personal Housing

30

40

9

Total (in millions)

$ 3,885

Questions: What was the moguls highest-priced asset? What was the moguls net worth for the Serenas Shuttle? Why? On which asset was the moguls net worth the greatest? Which asset carried the most debt? Which properties did the mogul own free of debt? On which properties did the mogul owe one dollar of debt for each dollar of the asset?

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