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1 year ago

The first thing you should do when you see your customer/client is outline the plan for the session.

1 answer:

6 0

The statement "the first thing you should do when you see your customer/client outlines the plan for the session." is False

This is further explained below.

Generally, The terms plan, plan, plot, scheme, and project all refer to an organized strategy for producing something, carrying out an activity, or accomplishing a goal.

A plan always involves mental development and sometimes the depiction of ideas visually.

House design plans typically imply the presence of a specific pattern as well as some level of order or harmony that has been attained.

In conclusion, The assertion that "outlining the strategy for the session is the first thing you should do when you visit your customer or client" is not accurate.

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The partnership of Larson, Norris, Spencer, and Harrison has decided to terminate operations and liquidate all business property

Volgvan

Answer:

LARSON, NORRIS, SPENCER AND HARRISON

PREDISTRIBUTION PLAN FOR LIQUIDATING PARTNERSHIP

ASSET

Cash $28,250

liquidating expense <u> (8,000) </u> 20,250

Account receivable 44,000

inventory 39,000

land and building 23,000

Equipment 104,000

Total Asset 230,250

Liabilities <u> (47,000)</u>

Net asset 183,250

Asset to be distributed as follows:

Larson(15,000 - 1600) 13,400

Norris(60,000 -2400) 57,600

Spencer(75,000 - 1600) 73,400

Harrison(41,250-2400) 38,850 <u> ( 183,250)</u>

Loss

share of liquidation expenses

Larson = 20%*8000 = 1600

Norris = 30%*8000 = 2400

Spencer = 20%*8000= 1600

Harrison = 30%*8000 = 2400

Explanation:

4 0

3 years ago

Orwell Building Supplies' last dividend was $1.75. Its dividend growth rate is expected to be constant at 25% for 2 years, after

EleoNora [17]

Answer:

Best estimate of the current stock price= $42.64

Explanation:

Price of the stock today = $\frac{D1}{(1+ke)^1}+\frac{D2}{(1+ke)^2}+\frac{P2}{(1+ke)^2}$ .

where P2 = $\frac{D3}{ke-g}$

D0=$1.75

D1=$1.75(1.25)

D2=$1.75(1.25)(1.25)

D3=$1.75(1.25)(1.25)(1.06)

Price of the stock today = $\frac{1.75(1.25)}{(1+0.12)^1}+\frac{1.75(1.25)(1.25)}{(1+0.12)^2}+\frac{1.75(1.25)(1.25)(1.06)}{(0.12-0.06)(1+0.12)^2}$ . = $42.64

8 0

3 years ago

If a drought ruins a significant amount of the coffee crop, then we would expect the price of

NikAS [45]

If a drought ruins a significant amount of the coffee crop, it is expected that the price of the coffee will rise. It is because if there are less products or the less it produces, it causes the product to rise because the product will be of demand by the consumers.

6 0

3 years ago

The information below pertains to Basselier, Inc.:

wel

Answer and Explanation:

The journal entry to record the tax provision is given below:

Income tax expenses $48,840,000

Deferred tax assets ($10,900,000 ×0.40) $4,360,000

To Deferred tax liability (($15,900,000 + $1,900,000)×0.40) $7,120,000

To Income tax payable ($129,000,000 ×0.40) $51,600,000

(To record income tax expenses)

Here the income tax expense and deferred tax asset should be debited as it increased the asset and expenses and credited the liability & tax payable as it increased the liability

4 0

2 years ago

If a payment cap is applied and the required payment does not cover the interest expense, the unpaid interest is added to the lo

spin [16.1K]

The condition when a payment cap is applied and the required payment does not cover the interest expense, the unpaid interest is added to the loan thereby increasing the loan balance even though the required payment is being made, is known as a negative amortization.

<h3>What is negative amortization?</h3>

A condition where the amount owed by an individual keeps adding even after the repayments are done is known as negative amortization.

Such condition of a negative amortization arises as the amount being repaid does not fully or partly cover the interest amount.

Hence, the significance of negative amortization is aforementioned.

Learn more about negative amortization here:

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6 0

1 year ago