<span>Janet is a financial procurement manager of Unicorn Infra Inc. She is responsible for the efficient and effective management of the company’s funds. Her function includes planning, organizing, directing and controlling of activities with regards to its procurement and use. </span>
Answer:
B. False
Explanation:
The days sales in receivable indicates the number of days in which a company receives the payments of its credit sales. A lower number indicates that the business collects the money faster and more efficiently. According to this, the statement is false because the days sales in receivable for baker sales is 35 and for xanadu company is 25 which means that xanadu company is having less difficulty in collecting the money.
Answer:
A. Cap rate = Debt Service/Current market price of asset
= $70,000/$1,000,000 * 100
= 7%
B. Debt coverage ratio = Net Operating Income/Debt Service
= $108,000/$70,000
= 1.54
C. The largest loan that can be obtained (other terms held constant) if the lender requires a debt service coverage ratio of at least 1.2 is:
= ($70,000 * 1.2)/10%
= $840,000
Explanation:
a) Data and Calculations:
Purchase price of the industrial warehouse = $1 million
Loan to finance acquisition = $700,000
Interest rate = 10%
Term of loan = 30 years
Type of loan repayment = interest-only payments
Annual debt service = $70,000 ($700,000 * 10%)
Effective gross income $135,000
Operating expenses 27,000
Net Operating Income $108,000
Answer:
hello
Explanation:
My love, do you ever dream of
Candy coated raindrops?
You're the same, my candy rain
Have you ever loved someone
So much you thought you'd die?
Giving so much of yourself
It seems the only way
Tell me what you want and I
And I will give it to you
'Cause you are
My love, do you ever dream of
Candy coated raindrops?
You're the same, my candy rain
My love, did you ever dream
That it could be so right?
I never thought that I would find
All that I need in life
All I want, all I need now, I know
I know I found it in you, I found it in you
CANDY RAIN LYRICS
