The following is a real estate moguls (in millions) as of December 31, 2014. All the businesses in her real estate empire were separately incorporated for liability reasons, and many of them were heavily leveraged, or debt-financed. Calculate the debt ratios for each of the properties; then answer the questions.
a. What was the moguls highest-priced asset?
b. What was the moguls net worth for the Serenas Shuttle?
c. On which asset was the moguls net worth the greatest?
d. Which asset carried the most debt?
e. Which properties did the mogul own free of debt?
f. On which properties did the mogul owe one dollar of debt for each dollar of the asset?
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