answersLogoWhite

Top Answer
User Avatar
Wiki User
Answered 2008-05-07 18:01:11

evaluate the adequacy of statutory capital and surplus

001
๐Ÿ™
0
๐Ÿคจ
0
๐Ÿ˜ฎ
0
๐Ÿ˜‚
0
User Avatar

User Avatar
Anonymous
Answered 2020-04-29 19:05:34

asset real estate valuation

001
๐Ÿ™
0
๐Ÿคจ
0
๐Ÿ˜ฎ
0
๐Ÿ˜‚
0
User Avatar

Your Answer

Still Have Questions?

Related Questions

What is surplus on revaluation of asset?

Surplus on revaluation of assets means that on the even of revaluation, more assets has appreciate in their value then depreciate.


What do you mean by non-performing asset?

An NPA, or non-performing asset is a classification used by financial institutions that refers to loans that are in jeopardy of being in default.


If you default on a personal loan can a lien be place against your vehicle?

If you own your car, its an asset, probably


What is naked CDS - Credit Default Swap?

A naked CDS is the purchase of CDS's without an investment in the underlying asset. Essentially buying insurance without the asset. Usually linked with speculation in the creditworthiness of the company. Speculators trade the likelihood a company will default on its payments.


Credit card debt default and asset seizure?

A company can seize assets doe to credit card default if they obtain a judgment through the court. You will be notified of the court date.


Which type of account is prepaid expenses?

Prepaid expense is personal account in nature and default normal balance is debit balance and shown under current asset in asset side of balance sheet.


Insurance an asset or expense?

Insurance is an expense, it should never be considered an asset. That is why cash-value policies are not recommended. Stick with simple term insurance and you will save money.


Revaluation Surplus is it a non-distributable reserve?

it is non-distributable as it represents unrealised profits on the revalued assets. it is another capital reserve. the relevant part of a revaluation surplus can only become realised if the asset in question is sold, thus realising the gain.


What is the asset requirement used to determine if you need an estate?

If you HAVE assets or DEBTS then you have an estate. An estate is the whole of ones possessions, debts and rights.


What is the formula for Default Risk Premium?

premium=(1-Recovery Rate)*(probability of default) so if the premium is 15% and the recovery rate is 30%, then you can calculate the likelihood or probability of default. It would be (.15)=(1-.30)*probability Rearranging terms you get: probability=.21428 The Recovery Rate is the percentage of your original asset you'd recover under the default circumstance.


Is buildings a credit or debit?

Building is a fixed asset of company and like all fixed assets building also has debit balance as default balance while all liabilities has credit balance as default balance which is reverse of assets.


What is a pledge asset?

An asset that a borrower transfers to the possession of a lender as collateral for a loan. The borrower maintains ownership and all associated rights of the pledged asset. When the loan is repaid, the lender transfers possession back to the borrower. The pledged asset reduces the risk to the lender that the borrower will default, therefore possibly qualifying the borrower for some benefit, such as a lower interest rate. When buying a house, some mortgage borrowers will pledge an asset, such as stock, to the lend


What requirements are there to get a small business loan?

The requirement for a small business loan would be debt asset ratio, credit worthiness and ability to pay.


Is it mandatory for home based businesses to have home business insurance?

Business insurance for a business based in a home is not a legal necessity. It is, however, highly recommended, as a business of any sort is a liability as well as an asset. You will be held responsible for your own business's needs. Insurance is an important fallback if you are robbed, sued, or default on a loan, etc.


Is it a requirement to list your house as an asset when filing for chapter 7 if there is no equity in it?

When filing for bankruptcy, you must list any assets you own regardless of their value.


Do accumulative depreciation has a debit balance?

Accumulated depreciation is a contra account to asset account to reduce the actual value of fixed asset so accumulated depreciation has a credit balance as a default balance which is reverse of fixed asset’s debit balance.


Is notes receivable debit?

Yes notes receivable has debit balance as default balance because it is receivable in future as well as it is asset for which benefit has not yet been taken.


What is fiscal balance?

The balance of a government's tax revenues, plus any proceeds from asset sales, minus government spending. If the balance is positive the government has a fiscal surplus, if negative a fiscal deficit.


Is livestock in case of mixed farming fixed asset or current asset or wasting asset or tangible asset?

Tangible asset


Is cash vault a financial asset or a real asset?

real asset real asset


Is cash float an asset or income?

asset


Is deposit acredit or debit?

If it is customer deposits then it is liability of business to be paid then its balance is credit but if it is deposit with other companies or in bank then it is asset of business and default balance is debit balance.


How do you interpret Probability of default?

Distance-to-Default:-- distance between the expected value of the asset and the default point- after substitution into a normal c.d.f one gets probability of defaultDD(t) =ln(V/F)+(µ-0.5*σ^2)*T/(σ*sqrt(T));Where, V= value of the assetsF=Value of the liability/debtµ= expected return of assetsσ=Volatility of the assetsT= TimeAnd Probability of default:-PD(t) = NormDist(-DD)= Ɲ(-DD)


What is the formula for equity method?

dEBIT COST AS AN ASSET DEBIT EARNINGS IN ASSET CREDIT DIVIDENDS RECD IN ASSET dEBIT COST AS AN ASSET DEBIT EARNINGS IN ASSET CREDIT DIVIDENDS RECD IN ASSET dEBIT COST AS AN ASSET DEBIT EARNINGS IN ASSET CREDIT DIVIDENDS RECD IN ASSET


What is Asset Reconciliation?

Asset Reconcilation means reconcilation of asset, verifying the asset with the available cash.


Still have questions?