What follows is a series of questions related to the discussion we had in class concerning a REITS financial statements. For reference, please refer to the Excel file 2nd Quarter REIT Financial Statements, Tab FFO. Let's make the following assumptions about a simplified REIT income statement. (All of the numbers are in millions). 250 in revenues; 160 in operating expenses; 58 in depreciation; 100 shares outstanding; 9 in Leasing Commissions and Cap Expenditures; 40% tax rate. REITS are required to distribute 90% of their taxable income to shareholders. In the case of this REIT, what is that amount? O24.5 28.8 23.1 O 12.30

What follows is a series of questions related to the discussion we had in class concerning a RElts financial statements. For reference, please refer to the Excel file 2nd Quarter REIT Financial Statements, Tab FFO. Let's make the following assumptions about a simplifiod REI income statement. (All of the numbers are in millions). 250 in revenues, 160 in operating expenses; 58 in depreciation; 100 shares outstanding; 9 in Leasing Commissions and Cap Expenditures; 40% tax rate: REITs are required to distribute 90% of their taxable incorne to shareholders. In the case of this REIT, what is that amount? 245 288 23.1 12.30 What follows is a series of questons related to the discussion we had in class concerning a REils financial statements. For reference, please refer to the Exeel file 2nd Quarter RET Financial Statements, Tab FFO tets make the following assumptions about a simplified REIT income statement. Wit of the numbers are in millions) 250 in revenues; 160 in operating expenses; 58 in deprectation, 100 shares outstanding 9 in teasing Commissions and Cap Expendtures, 40% tax rate. 245 2s 231 1230 QUESTION 13 Anits, nortgogo inerest or owis from the sale of real property