Question
Net revenue $25,000,000 Less: Operating expenses 9,800,000 Depreciation and amortization 4,400,000 Income from operations 10,800,000 Less: Interest expense 1,280,000 Net income $9,520,000 Consider the financial
| Net revenue | $25,000,000 |
| Less: |
|
| Operating expenses | 9,800,000 |
| Depreciation and amortization | 4,400,000 |
| Income from operations | 10,800,000 |
| Less: |
|
| Interest expense | 1,280,000 |
| Net income | $9,520,000 |
Consider the financial statements for a REIT, given above (and assuming no major book/tax differences), in order for the REIT to maintain its tax exempt status, what is the minimum dividend it must pay per share? Ch21
| a. | $8.00 per share | |
| b. | $8.57 per share | |
| c. | $9.52 per share | |
| d. | $10.80 per share |
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The Critical Handbook Of Money Laundering Policy Analysis And Myths
Authors: Petrus C. Van Duyne, Jackie H. Harvey, Liliya Y. Gelemerova
1st Edition
1137523972, 978-1137523976
