3 years ago

Why should the client's legal expenses be examined?

1 answer:

7 0

Hey there,
The answer to your question is - To determine if there is any litigation pending or threatened.

Hope this helps :))

~Top♥

You might be interested in

Assume that Jocelyn is comparing two fixed-rate loan options, a 15 year and a 30 year mortgage. Both options have the same inter

Schach [20]

Assume that Jocelyn is comparing two fixed-rate loan options, a 15 year and a 30 year mortgage. Both options have the same interest rate and amount borrowed. The 30 year, when compared to the 15 year loan will have a lower monthly payment and a higher total cost when repayment is completed.

The longer the spread of an annuity payment the lower the monthly payment and the higher the total cost of the loan.

6 0

4 years ago

Read 2 more answers

Exercise 4-15A Calculate net cash flows (LO4-7) Below are several transactions for Meyers Corporation for 2021. Issue common sto

Maru [420]

Answer:

$12,600

Explanation:

Particulars Amount

a. Issue common stock for cash $40,000

b. Purchase building and land with cash, -$25,000

c. Provide services to customers on account $6,000

d. Pay utilities on building -$500

e. Collect $4,000 on account from customers $4,000

f. Pay employee salaries -$8,000

g. Pay dividends to stockholders -$3,900

Net Cash Flow $12,600

7 0

3 years ago

How can gross interest income rise while the net interest margin remains somewhat stable for a particular bank?

Alecsey [184]

Answer:

A bank acts like an intermediary between depositors and creditors. If the market interest rates increase, gross interest income will rise, but all gross interest expense. They will charge higher rates to borrowers, but also must pay higher rates to depositors. The spread probably remains unchanged because both sides increased.

4 0

3 years ago

When performing the "Incremental ROR analysis" of multiple mutually exclusive alternatives, the first step is to order all the a

Delvig [45]

Answer:

True

Explanation:

Mutually exclusive is a situation where two projects cannot be incorporated together. These are independent projects which needs to be selected based on their risk and return. The first step is to list the projects according to their initial investments.

4 0

3 years ago

Which of the following is an advantage of gathering data with surveys?

Dafna11 [192]

C- they help get people’s opinions and day to day activities that they might do.

5 0

3 years ago