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3 years ago

The term risk, when applied to borrowers, specifically refers to

1 answer:

3 0

D. Lenders are worried that the borrower won't pay them back, and they assess how likely that is to happen by looking at the borrower's income, other assets, credit history, etc.

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Which of the following is broadly defined as the development of new products, processes, organizations, management practices, an

omeli [17]

<span>In development of new products, the most defined aspect is the processes. It takes a great deal of effort and time in product creation in laboratories. Testing the feasibility of new product in actual manufacturing environment. Trials are done to capture and document actual procedures, machine specifications, safety requirement, and actual working parameters to achieve the desired specification of the new product. </span>

3 0

3 years ago

On December 1, 2018, Shamrock Company received $9,600 from Destiny, Inc. for rent of an office owned by Shamrock Company. The pa

andrey2020 [161]

Answer:

b. credit to Rent Revenue of $3,200

Explanation:

Cash collected in advance results in the the creation of an asset and a liability. Hence a debit to cash account and a credit to deferred revenue. When the revenue is earned, it is recognized as a credit to revenue and a debit to deferred revenue with the amount earned.

Amount earned as at December 31

= 1/3 × $9,600

= $3,200

Entries required

Debit Deferred Rent revenue $3,200

Credit Rent Revenue $3,200

Being entries to recognize revenue earned as at December 31

4 0

3 years ago

On January 1, 2018, Jacob Inc. purchased a commercial truck for $48,000 and uses the straight-line depreciation method. The truc

Norma-Jean [14]

Answer:

option (D) loss, $3,000

Explanation:

Given:

price of the truck = $48,000

estimated residual value = $8,000

Exchange price of the truck = $60,000

Trade allowance = $35,000

Since, straight line depreciation is given, thus,

Total depreciation = $\frac{\textup{48,000−8,000}}{\textup{8}}$

Total depreciation = $5,000 per year

Therefore,

the book value after two years

= Price of truck - total depreciation in two years

= $48,000 − ($5,000 × 2 years)

= $38,000

Now,

a trade allowance received ( i.e $35,000 ) is less than the book value

therefore a loss is recorded

The amount of loss = (Book value - trade allowance received)

The amount of loss = $38,000 - $35,000 = $3,000

Hence, correct answer is option (D) loss, $3,000

5 0

3 years ago

steve has converted his garage into a separate living space and listed the property for short term rental on an online platform

mihalych1998 [28]

Answer:

is there more to the question?

6 0

3 years ago

Scampini Technologies is expected to generate $25 million in free cash flow next year, and FCF is expected to grow at a constant

DedPeter [7]

Answer:

$9.26 per stock

Explanation:

using the discounted cash flow model, the value of Scampini Technologies is:

company's value = free cash flow / (required rate of return - growth rate) = $25,000,000 / (13% - 7%) = $25,000,000 / 6% = $416,666,667

since the company does not have any debt, the price of each stock is:

stock price = total value of the company / total outstanding stocks = $416,666,667 / 45 million shares = $9.26 per stock

8 0

3 years ago