Answer:
Statistical Section
Explanation:
The statistical section of comprehensive annual financial report contains details of most of PESTLE factors in numeric terms that shows to what extent these things will either affect or help the organization in near future.
Answer:
a. An audit adjustment is needed since the best case scenario, where the net realizable value is highest would result in $92,000 - $5,000 = $87,000.
b. the value of inventory must decerase by $99,000 - $87,000 = $12,000, so COGS must increase by that amount:
Dr Cost of goods sold 12,000
Cr Merchandise inventory 12,000
Junior Lenders would be least likely to approve a short sale.
What is a junior interest?
Junior Interest means a performing junior participation interest in a stabilized or transitional senior commercial, multifamily fixed or floating rate mortgage loan secured by a first lien on multifamily and commercial properties or a subordinate portion of a Senior Mortgage Loan evidenced
Is a take out loan the same as junior mortgage?
A junior mortgage is a second mortgage loan that you take out against your home's equity using the property as collateral. A junior mortgage assumes that you already have a mortgage that's also secured by the home. A junior mortgage forms a second lien against the property.
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A Vision Statement is an aspirational description of what an organization would like to achieve or accomplish in the mid-term or long-term future.
