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Is provision for doubtful debt under current assets?
Yes provision of doubtful debt is part of current assets as accounts receivable is part of current assets and this allowance is for short term period.
What is a claim against assets?
Refund of money,debt,assets,or nay value at time of liqidation
What is a useful measure of solvency?
Debt to total assets ratio
What is the meaning of pledged receivables?
Pledged accounts receivable, also known as accounts receivable financing, is a type of secured short-term loan whereby the debt is recorded in the financial institution's accounts receivables account.
If you had total assets of 11700 a net working capitgal of 1400 owners equity of 5000 and long term debt of 3500 what is the value of current assets?
Balance Sheet is Total assets = total liability N.W.C = Current Assets - Current Liabilities First find out Current Liability Current Liability = Total Assets 11,700 - Total Debt Equity 8,500 = 3,200 CL 3,200 + N.W.C 1,400 = 4,600 Current Assets TA 11,700 = CA 4,600 + OA 7,100 TL 11,700 = CL 3,200 + OE 5,000 + Debt 3,500
What is a company's book value of pledged assets divided by the book value of its secured liabilities called?
Pledged assets to secured liabilities.
What is used to pledge real property for a loan?
A mortgage is is used to secure real estate pledged as collateral for a loan.A mortgage is is used to secure real estate pledged as collateral for a loan.A mortgage is is used to secure real estate pledged as collateral for a loan.A mortgage is is used to secure real estate pledged as collateral for a loan.
Is interest on Georgia state debt exempt from taxation?
Yes. Faith and credit of state pledged debt may be validated. The full faith, credit, and taxing power of the state are hereby pledged to the payment of all public debt incurred under this article and all such debt and the interest on the debt shall be exempt from taxation.
Breckenridge Ski Company has total assets of 422235811 and a debt ratio of 29.5 percent Calculate the companys debt-to-equity ratio and the equity multiplier?
What is given is: total assets = $422,235,811 Debt ratio = 29.5% Find: debt-to-equity ratio Equity multiplier Debt-to-equity ratio = total debt / total equity Total debt ratio = total debt / total assets Total debt = total debt ratio x total assets = 0.295 x 422,235,811 = 124,559,564.2 Total assets = total equity + total debt Total equity = total assets - total debt = 422,235,811 - 124,559,564.2 = 297,676,246.8 Debt-to-equity ratio = total debt / total equity = 124,559,564.2 / 297,676,246.8 = 0.4184 Equity multiplier = total assets / total equity = 422,235,811 / 297,676,246.8 = 1.418
What is Net income divided by total assets?
debt to assets ratio
Can you be held responsible for your deceased fathers debt in California if you are the only heir and your fathers debt exceeds his assets?
If the debt exceeds the assets, the assets must be sold to cover the debt. Heirs are not responsible for any remaining debt. Certified letters along with a certified death certificate should be sent to each debtor that can not be paid in full after the sell of assets. In this case there would be no inheritance.
Is provision for doubtful debt under current assets?
Yes provision of doubtful debt is part of current assets as accounts receivable is part of current assets and this allowance is for short term period.
What is a "foreclosure"?
The legal process by which a lender terminates the owner's right to a property that was pledged as security for a debt.
What disadvantages does a partnership have when compared to a private limited company?
If the partnership go into debt, you can lose personal assets aswell as the businesses assets. A private company's assets can only be ceased if the company go into debt.
When your technology assets communicate it is important that they do so in a secure manner using ports and protocols that are secure. Which of the following would be the best protocol for secure comm?
When your technology assets communicate, it is important that they do so in a secure manner using ports and protocols that are secure. Which of the following would be the best protocol for secure communication?
How do you unsecure your debt once it is secure?
The first step to move secure debt to unsecure is to get a credit report to see how much unsecure credit you can obtain. Apply for different loans and use the unsecure credit to pay off the secure debt.
Return on equity equals return on assets?
When the debt ratio is zero
