An apartment complex has a gross rental income of $648,106.32 and total operating expenses of $167,791.43. The vacancy factor is 5%, and the annual debt service (P&I for the loan) is $350,000 Calculate: Effective Gross Income, Net Operating Income and the Debt Service Coverage Ratio (DSCR). Use the format we used in class and show all your work. Based on what we discussed in class, would a lender find this DSCR satisfactory? Why or why not? 2. A commercial office building shows Gross rental income of $972,159.48. Total operating expenses are $401,687.15. The vacancy factor is 6%, and the annual debt service is $500,000. Calculate: Effective Gross Income, Net Operating Income and the Debt Service Coverage Ratio. Use the format we discussed in class and show all your work Based on what we discussed in class, would a lender find this DSCR satisfactory? Why or why not?

Caden and lily are divorced on march 3, 2016. for financial reasons, however, lily continues to live in caden's apartment and receives her support from him. caden does not claim lily as a dependent on his 2016 federal income tax return but does so on his 2017 return.

On january 1, 2017, fisher corporation purchased 40 percent (90,000 shares) of the common stock of bowden, inc. for $980,000 in cash and began to use the equity method for the investment. the price paid represented a $48,000 payment in excess of the book value of fisher's share of bowden's underlying net assets. fisher was willing to make this extra payment because of a recently developed patent held by bowden with a 15-year remaining life. all other assets were considered appropriately valued on bowden's books. bowden declares and pays a $90,000 cash dividend to its stockholders each year on september 15. bowden reported net income of $400,000 in 2017 and $348,000 in 2018. each income figure was earned evenly throughout its respective year. on july 1, 2018, fisher sold 10 percent (22,500 shares) of bowden's outstanding shares for $338,000 in cash. although it sold this interest, fisher maintained the ability to significantly influence bowden's decision-making process. prepare the journal entries for fisher for the years of 2017 and 2018. (if no entry is required for a transaction/event, select "no journal entry required" in the first account field. do not round intermediate calculations. round your final answers to the nearest whole dollar.)

Medtronic, inc., is a medical technology company that competes for customers with st. jude medical s.c., inc. james hughes worked for medtronic as a sales manager. his contract prohibited him from working for a competitor for one year after leaving medtronic. hughes sought a position as a sales director for st. jude. st. jude told hughes that his contract with medtronic was unenforceable and offered him a job. hughes accepted. medtronic filed a suit, alleging wrongful interference. which type of interference was most likely the basis for this suit? did it occur here? medtronic, inc., is a medical technology company that competes for customers with st. jude medical s.c., inc. james hughes worked for medtronic as a sales manager. his contract prohibited him from working for a competitor for one year after leaving medtronic