g A REIT with 100 shares outstanding earns $1,000 in rent and incurs operating expenses of $400. In addition, the REIT owns property with an historic cost of $6,000 and depreciates it over a 15 year period using straight-line depreciation at the very least what dividend

$1.90

Explanation:

The dividend payment that has to be made needs to be less than the Earnings per share in order for the REIT to maintain its tax exempt status.

EPS = (Net income - Expenses) / Number of shares

Expenses = Operating expenses + Depreciation

= 400 + (6,000 / 15 years)

= $800

EPS = (1,000 - 800) / 100

= $2.00

The only option less than $2.00 is the first option of $1.90 so this is correct.

i believe the answer is: streets and roads

public property refers to the property that can be used by all legal citizens in a certain country. the public property was created and maintain using the government budget that allocated specifically for it. the budget itself come from the citizen's income tax payment.