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Q: Land acquired s it can be resold in the future is listed in the balance sheet as an?
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Identify some instance under FASB 52 when a foreign entity's functional currency would be the same as the parent firm's currency?

"Such a situation may occur when the foreign entity is merely an extension of the parent company. If the Mexican subsidiary of a US parent company received all of its raw materials from the USA and resold all of its output back to the USA, the US dollar should be the functional currency." - Global Corporate Finance by Suk H. Kim


How do you negotiate with collection agencies to pay the debt and get paid collection accounts removed from your credit report?

Collection agencies typically purchase debt portfolios at auction for pennies on the dollar. The older the debt the less valuable it becomes. Your debt may have been sold and resold about every 90 days. Use the following to estimate what the collection agency paid at auction; 60 day old or less 50-80% 90 day old or less 45-75% 180 day old or less 10-45% over six months 3-10% For example if the collection agency bought your 6 mo old $1000 debt, they likely only paid $30-$100 for it. You can negotiate with the collection agencies and offer them a one time cash settlement offer that is slightly higher than what you estimate that they paid. Beware that they are professional debt collectors and they will pressure you into making installments for the full amount owed. They will never admit that they bought your debt for pennies on the dollar and will insist that you make payments in full. Hold firm to your settlement offer price. If the first company that you deal with will not accept your offer, just wait a few months until they sell your collection account to a different collection agency. When the collection Agency accepts your settlement offer verbally, you must get the agreement in writing before sending any money. The agreement must state that, xyz company agrees to accept $xx as payment in full for the debt of $xx. After you have the agreement and proof of payment, dispute the collection account record with all three credit reporting agencies. Stating that the information on file is "inaccurate" as the debt is paid satisfactory.


Related questions

If a car is repossessed and resold for more than was originally paid for it do you still have to pay it off and where can you find out what is owed?

Start by reading your contract. Then CALL the lender who sold it to get the balance due.


Where can women clothing be resold at?

Women Clothing can be resold at badfit. one of latest fashion brand for women. try badshah collection for ladies.


What is the practice of buying property on a gamble that it may be resold for a profit called?

what is the practice of buying property on a gamble that it may be resold for a profit speculation


Do you need a permit to fix cars that will be resold?

No


Is the value of a house built in 2000 and resold in 2009 included in the GDP of 2009?

yes the resold house in 2009 should be added to 2009's GDP


How are timeshare resales resold?

It all depends on the location, size of the property,the time of year and also the the demand can influence the the price of the timeshare.That is how timeshare resales resold.


What is the meaning of things bought or resold?

items that have been bought (purchased) or that have been bought and then sold to another person. I bought a dozen cakes from the bakers and resold them to my customers.


Where can computer furniture be resold?

Computer furniture can be resold at second-hand shops, garage sales and stores like Goodwill. They can also be found on sites like Craigslist and eBay.


Practice of buying property on the gamble that it can be resold for a profit later?

speculation


How do oranges come to Canada?

They are imported by companies and resold to grocery stores.


What does EFES marking on your gold ring mean?

It was stolen, recovered, then resold


How much can a repossed vechicle be resold for?

whatever the worth is of the car or more