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Reil [10]
3 years ago
8

As a result of the seizing up of the capital markets in 2008, and the shutting down of the CMBS market specifically, life insura

nce companies, the traditional providers of long-term fixed rate debt to commercial real estate, increased their volume of lending such that they have completely filled the vacuum left by the severe reduction of CMBS origination.
True or false?
Business
1 answer:
SCORPION-xisa [38]3 years ago
6 0

Answer:

The statement given is TRUE:

Explanation: Most of CBMS left in 2008, there was vacuum that was left. Banks just decided to clean up their balance sheets, and did not participate. The life insurance companies took advantage of this period and increased their origination and thus increased the lending to this sector where there was a huge vacuum.

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What is judiciary and executive?<br>​
Naya [18.7K]
Judiciary is the judicial authorities of a country; judges collectively.
Executive is the person or branch of a government responsible for putting policies or laws into effect.
3 0
3 years ago
Carlos opens a dry cleaning store during the year. He invests $30,000 of his own money and borrows $60,000 from a local bank. He
aksik [14]

Answer:

$6,000

Explanation:

Since the main the activitity of Carlos' business is dry cleaning services, but not a trade in or business in holding real property, he is only is at risk for $30,000 which is personal money

Therefore, the total of $24,000 will be deducted in the first year while the remaining $6,000 will be deducted in the second year to have a total of $30,000 which is his personal risk.

Therefore, for the second year, Carlos can deduct <u>$6,000</u> of the loss.

3 0
3 years ago
A company reports the following amount in its December 31, Year 1, income statement.
kow [346]

Answer:

Multiple-step income statement for the year ending December 31, year 1

Sales                                                    $275,200

Cost of Goods Sold                           <u>($185,000)</u>

Gross Profit                                                               $90,200

Operating Expenses:

Administrative Expense                                          ($35,000)

Selling expenses                                                     <u>($55,000)</u>

General Expense                                                     <u>($45,000)</u>

Operating Income                                                    ($44,800)

Non-Operating Revenue                                         <u>$105,000</u>

Operating Income before tax                                  $60,200

Income taxes                                                            <u>($25,000)</u>

Operating Income after Tax                                     <u>$35,200</u>

Explanation:

Multi-step Income statement segregate the Operating Income and Expenses from non operating Income and Expense. It shows the gross profit and net operating income separately.

4 0
2 years ago
Company Z's CPP has a Products and Completed Operations aggregate limit of $100,000, with a $20,000 limit for each occurrence. F
drek231 [11]

Answer:

65000$ remains available for complete operation losses.

Explanation:

$20,000 of the $25,000 loss is paid by the policy. The $15,000 loss is paid in full. Together these payments reduce the $100,000 aggregate limit to $65,000.

Calculation

100,0000-20,000-15,000 = 65,000 $.

8 0
3 years ago
What is a product item?
Vsevolod [243]

Answer:

Explanation:

A product item is a specific version of a product that can be designated as a distinct offering among an organization's products. A product line is a group of closely related products offered by an organization.

5 0
2 years ago
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