If you observe that number of building permits has increased steadily over the past 2 quarters, it is highly likely that an upturn:

Gold Coast Apartments, a 160-unit complex, has 100 one-bedroom and 60 two-bedroom apartments, which rent for $700 and $900 per month, respectively. The complex earns $22,000 per year from its laundry facilities. The following data is available: Vacancy and collection losses are 6% of effective gross potential income, Annual property insurance and taxes amount to $154,000 Average annual costs of repairs, utilities, garbage and management are $209,000
The property was purchased for $5.10 million. The annual mortgage payment for the property (20-year,
9 % mortgage on 80% of the property value) is $440,526. What is Gold Coast\' net operating income?

You have a bond with 6 years to maturity. The bond pays 10% coupons semiannually, but the market demands a 12% return. If the market rate stays constant, what is the price path for years 6,4,2,0?

Suppose that stocks A, B, C, and D are independent with respect to their price movement, and have probabilities of increasing of 0.25, 0.50, 0.40, and 0.30. What is the probability that stocks A and C will increase in price, while stocks B and D fail to increase?

What statement(s) is/are true?
I). A valuation allowance lowers current period reported net income.
II). Deferred tax assets and liabilities are always self-reversing over time.