Answer:
True
Explanation:
Unlevered free cash flows represent the amount of cash a business has before meeting it's financial obligations such as operating expenses or periodic interest payments on borrowed funds.
When a firm issues further debt, it's available funds increase. Similarly, if a firm retires or repays it's debt, it's available funds decrease.
Therefore, change in capital structure by issue or retirement of debt alters a firm's unlevered free cash flows.
Answer:
a bonus to Niki for financial maneuvers.
Explanation:
Answer:
A. $800; $1100
Explanation:
Predatory lending is an unfair and sometimes illegal practice by lenders of imposing expensive loans to borrowers. In predatory lending, the lender withholds critical information or deceives the customer into signing a loan that they cannot afford to repay. Lender employs dirty and unjust tricks to get the customer sigh for the loans.
If a lender can afford to pay a maximum of $800 per month, advancing them a loan requiring payment of $1100 per month is putting a lot of financial strain on them. It is an example of predatory lending as it imposes an unfair burden on the borrower
Answer:
$92,400
Explanation:
Coolwear incorporation has a balance in its prepaid insurance account of $48,400
In 2018, $86,000 was paid for insurance
At the end of 2018, the balance was $42,000 after adjusting entries were recorded
Therefore the insurance expense for 2018 can be calculated as follows
= $48,400 + $86,000-$42,000
= $134,400-$42,000
= $92,400
Hence the insurance expense for 2018 is $92,400
