Answered: Which are the Important Issues in…

Auditing: A Risk Based-Approach (MindTap Course List)

11th Edition

ISBN:9781337619455

Author:Karla M Johnstone, Audrey A. Gramling, Larry E. Rittenberg

Publisher:Karla M Johnstone, Audrey A. Gramling, Larry E. Rittenberg

Chapter13: Auditing Debt, Equity, And Long-term Liabilities Requiring Management Estimates

Section: Chapter Questions

Problem 3RQSC

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Which are the Important Issues in Accounting and Financial Disclosure: Equity REITs2

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Equity REITs requires a direct investment in restaurants, shopping malls and office buildings. Their primary investment goal is earning income and growth. They don’t invest in raw property, single family homes because it is too expensive to maintain, don’t invest in industrial parks because there are not enough tenants.

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