Darren, a real estate professional, is representing a client who wants to purchase an industrial warehouse. The client will need to obtain a mortgage to finance part of the purchase and can afford an annual payment of $80,000. Darren projects the current annual net operating income for the property will be approximately $120,000. As part of his analysis, Darren will need to determine the debt coverage ratio. What is the debt coverage ratio? A) 0.5 B) 1 C) 1.5 D) 2