Given the Following Information, Calculate the Funds from Operation (FFO)

question 19

Multiple Choice

Given the following information, calculate the funds from operation (FFO) . Net income: $44,245,000; Gain/losses from infrequent and unusual events: $50,000; Amortization of tenant improvements: $575,000; Amortization of leasing expenses: $133,000; Depreciation (real property) : $30,906,000.

• A) $12,581,000
• B) $75,809,000
• C) $75,859,000
• D) $75,909,000

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Definitions:

Profit and Loss Statements

Financial documents that summarize revenues, costs, and expenses incurred during a specific period to show a company's net income or loss.

Organisation

An entity comprising multiple people, such as an institution, association, or business, working together to achieve a common goal or set of objectives.

Self-Managed Teams

Groups of employees who collectively assume responsibility for organizing, controlling, and supervising their own work activities.

Job Satisfaction

The level of contentment employees feel with their job roles, responsibilities, and work environment.