Answer:
Most insurance companies will waive surrender charges in the event except the person who fake the injury or death
Answer:
Explanation:
Short-term: due within a year after closing the statment: that is Dec 31th 2018
There are two promissory notes outstanding:
October 1st
and April 1st
April 1st 2017 was refinanced to a single payment in the long-term thusnot short term
Also during March, the borrower agree to refinance
The negociation for Oct 1st provee successfully thus we should consider the promissory note long-term notes still.
We can conclde there are no hort term note payable for Vernon as it manage to refinance all his short.term debt
Answer:
A) It is a use of cash, and will be shown in the investing section as a subtraction.
B) Depreciation Expense
C) Chester’s long-term debt will rise by $10,000,000
D) Broad differentiation
E) Andrews ROE will increase.
Explanation:
A) As the company will do a cash dibursement will be considered cash use and because is investing on it to increase future cash flow
B) A period cost is a cost which cannot be capitalized into an asset. As cost which occur as the time passes over the years Which is the case for depreciation expense
C) bonds payable for 10,000,000 will be recorded
the leverage is a ratio to analize the firm it does not influence the accounting
D) The company differenciate his products from the rest of their competitors in a great variety of products rather than a single buyer segment.
E) ROE will increase as the leverage makes the debt weight increase while the equity weight (proportion of the company owned by the stockholders)
For the rest ofthe options the information provided is insufficient please do another question with the information
