Below is a mogul’s balance sheet (in millions) as of December 31, 1 990. All the businesses in…

Below is a mogul's balance sheet (in millions) as of December 31, 1 990. All the businesses in this real estate empire were separately incorporated for liability reasons, and many of them were heavily leveraged-debt-financed. Eventually, the mogul was unable to make certain loan payments, and the bank creditors took some of the properties. Through perseverance and determination, however, this particular mogul rebuilt her holdings and cleaned up her debt problems. Calculate the debt ratios for

each of the mogul's properties, then answer the questions.

 

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