What is the "equity" of XYZ, Inc. if the items listed on the balance sheet are:

Cash  $120,000

Inventory $110,000

Balance of all Mortgages $350,000

Value of all Real Estate $560,000

Short Term Debt $40,000

 
2. The debt-equity ratio for the XYZ REIT is 0.77   and the published value for the company's equity is $12.1 million. What is the company's total liability? Give your answer to the nearest .1 of a million dollars.

3. In the current calendar year, an apartment complex with  20  units has a vacancy factor of 14 %.  In the next calendar year the vacancy factor should be  5% for the apartment complex. If the base rent charged is $1,600/mo. per unit. What is the total gross operating income over two years (24 months)?

 
4. As the property manager, your leasing agent has a potential tenant. The rent is $23,000/month. You will need to provide some inducement to the tenant by offering a tenant improvement allowance of $6/sq. ft. The space measure 150 x 90 ft. There is also a small area in the back that is included in the lease which measures 25 x25 ft. The leasing agent has also included free rent for two months to the tenant as an inducement to sign the lease.  What is your revenue, net all expenses collected over the first year period? Note the leasing agent fee is 10% on the rent collected from the tenant during the first year.