Answer:
b. 0.77
Explanation:
The formula to compute the loan to value ratio is shown below:
= Loan amount ÷ Purchase price
= $1,000,000 ÷ $1,300,000
= 0.77
It shows a relationship between the loan amount and the purchase price so that the accurate ratio can come
All other information that is given is not relevant as it is related to the debt yield ratio. Hence, ignored it
Answer:
11, 0000000000000000000000000000000000000
Answer:
Firms are assumed to have similar product offerings in their marketing space with little differentiation. These products are mobile across different companies. For the company to have a competitive edge it must find the most attractive industry where there is high potential for success.
Companies must come up with innovative ways to make their resources profitable within the industry.
Explanation:
Answer:
Explanation:
Bank Reconciliation: The bank reconciliation deals with the bank statement balance and the cash statement balance. The motive is to compare these two statements so that the organization can run in a smooth manner.
There are various transactions due to which the bank statement balance and the cash statement balance do not match. To match these statements, we adjust the transactions accordingly.
The preparation of the bank reconciliation statement on July 31, 2017, for Sun-land company is presented in the spreadsheet. Kindly find the attachment below:
Answer:
$96,000
Explanation:
Straight line depreciation = $4000000/5
Straight line depreciation = $800000
Deferred tax liability 2020 = ($800,000 - $800,000)*20% = $0
Deferred tax liability 2021 = ($1,280,000 - $800,000)*20% = $96,000
Net deferred tax liability = $0 + $96,000 = $96,000
So, the net deferred tax liability that should be reflected on Lehman's balance sheet at December 31, 2021 will be $96,000.
