Here depreciation expense and accumulated depletion can be up to 202,000.
The book value of the equipment at beginning of 2021 is = Original cost - Accumulated depreciation under declining balance method till 2020
The book value of the equipment at beginning of 2021 is
= (2688000-1891000)
The book value of the equipment at beginning of 2021 is = S 797,000/.
The remaining useful life of the equipment is = 3 years
Residual value = S 192,000/.
Book value as of 2021 is to be depreciated using the straight-line method.
Resultant annual depreciation under the straight-line method is
= (797000-192000)/3 = S 201,667
Nearest thousands value sis S 202,000/.
Journal entry:
Date Accounts Title & Explanation Debit Credit
2021 Depreciation expenses 202,000
To Accumulated Depredation 202,000
A change in depreciation method is considered a change in accounting estimate resulting from a change in accounting principle which needs to be effected prospectively over the remaining useful life.
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given the following information, calculate the leveraged rate of return: loan amount: $800,000 annual payment: $62,581 property value: $1,000,000 net operating income: $100,000 operating expenses: $60,000
According to the facts below, the leveraged rate of return, in this case, comes out to 18.71%.
It is the investment return made with borrowed funds. Y is the asset return, R is the cost of borrowing money, and N is the "haircut," or the portion of the money the investor must put down as collateral for the loan, in the calculation for the leveraged return, L.
When anything is described as "highly leveraged," it suggests that there is more debt than equity in the business, asset, or investment.
Leveraged return = [ROI – (1 – Equity) × Cost of debt] / Equity
= [10% - (1 – 20%) × 7.82%] / 20%
= [10% - 6.26%] / 20%
= 18.71%
ROI = NOI / Property Value
= 100,000 / 1,000,000
= 10%
Cost of debt = Annual Payment / Loan
= 62,581 / 800,000
= 7.82%
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A common size financial statement displays line items as a percentage of one selected or common figure. Creating common size financial statements makes it easier to analyze a company over time and compare it with its peers. Using common size financial statements helps you spot trends that a raw financial statement may not uncover.
A common size statement showcases Items as a percentage of a standard base amount.
This kind of financial statement makes it simple to compare one company to another or different time periods within the same company. However, any comparison could not be true if the organizations employ various accounting systems. All numbers are rounded to the nearest equivalent in common size financial statements, such as a percentage of revenue or assets. The standardization of figures varies slightly between financial statements. Financial statements of a common size make it simpler to compare a firm to other businesses of a similar size and to understand what drives a company's profitability.
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you're the marketing manager for an online sporting goods store and have been tasked to optimize the company's display campaigns before increasing their budgets. what should you do to achieve this goal?
You should Remove and replace low-performing assets to achieve this goal.
Loans or advances that are in default or in arrears are classified as low-performing assets. When principal or interest payments are late or missed, a debt is in arrears. When the lender believes the terms of the loan have been violated and the borrower is unable to fulfill his responsibilities, the loan is in default. The balance sheet of a bank or other financial organization includes low-performing assets. The lender will compel the borrower to liquidate any assets pledged as part of the loan agreement after an extended period of non-payment. If there were no assets pled, the lender might write off the asset as a bad debt and then sell it at a loss to a collection company.
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what is the after-tax cost of preferred stock that sells for $5 per share and offers a $0.75 dividend when the tax rate is 35%?
15% will be the after-tax cost of preferred stock that sells for $5 per share and offers a $0.75 dividend when the tax rate is 35 percent.
A dividend is when a company distributes profits to its shareholders. When a company generates profits or retained earnings, it may pay a portion of the profits to its shareholders as dividends. Amounts not distributed are reinvested in the company (called retained earnings). Not only this year's profit, but also the accumulated profit of the previous year can be distributed. Companies are generally prohibited from paying dividends out of their share capital. Distributions to shareholders can be paid in cash (usually by depositing into a bank account). Also, if the company has a dividend reinvestment plan, it can pay that amount by issuing additional shares or buying back shares. In some cases, asset distributions may occur. Dividends received by shareholders are shareholder income and may be subject to income tax The tax treatment of this income varies greatly between jurisdictions. A company does not receive tax deductions for the dividends it pays.learn more about dividends
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more than 70 percent of teenagers use blank and they report that the platform is the best way for brands to reach them about new products or promotions.
When it comes to making a sale, advertising is typically superior to sales promotion.
In marketing, what are the four types of promotion?
The goal of promotion is to get the company's message out to customers.The four primary devices of advancement are promoting, deals advancement, public connection and direct showcasing.
What are the four different kinds of marketing strategies?
Personal selling, direct marketing, public relations, traditional and online advertising, sponsorship and sales promotions, and direct marketing are all examples of promotional strategies.
What kind of sales promotion is the most effective?
One of the most efficient ways to increase sales for your business is through marketing promotions.Short-term strategies that aim to increase customer numbers include promotions that can include discounts, coupons, and other types.
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suppose the expected market return is 14%, the volatility of the market is .25, the risk-free rate is 4% and the beta of apple is 3.3. what return does the capm predict for apple?
Suppose the predicted marketplace go back is 14%, the volatility of the marketplace is .25, the risk-unfastened fee is 4% and the beta of apple is 3.3. Return the CAPM prediction for apple is 0.37
What is CAPM and how to calculate it?
The Capital Asset Pricing Model (CAPM) is a model used to calculate an asset's expected return based only on its systematic risk of return. In a perfectly efficient economic system, investors should be able to diversify their portfolios at no cost, allowing them to totally eliminate unsystematic or firm-specific risk.
This is the rationale behind why only systematic risk is priced in. Therefore, why should they demand a premium for a single risk if they have the option to invest in a diverse portfolio of assets rather than a single asset? It is simple to argue that the financial world is far from ideal and contains things like transaction fees and taxes.
The CAPM can theoretically represent as:
[tex]E(R i) = R f + beta i x [E(R M)-R f]\qquad\qquad\qquad\qquad\small{(1)}[/tex]
According to the model, the asset's expected return, E(Ri), is equal to the product of the market risk premium and risk-free return times the asset's beta, i. A certain asset's beta reflects its systematic risk. There are no irrational risk factors in the equation. The slope of the regression line between the excess market return E(RM)-Rf and E(Ri) are given by i.
E[R_apple] = 0.04 + (0.14-0.04)* 3.3
E[R_apple] = 0.04 + 0.33
E[R_apple] = 0.37
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the median earnings for a 25 to 34 year old, full-time, year round worker with a high school education was about $31,830 in 2016, while similar workers with a bachelor's degree (but no further education) earned $49,990, and as a result, they pay more income tax. a. there a private benefit for individuals who attend college and earn a bachelor’s degree. b. does an individual's attainment of a bachelor's degree generate an externality? there is no way to determine whether there is an externality in this case. no externality exists because all of the benefits of a college education are private. a positive externality exists because college educated individuals pay higher taxes and are often considered more valuable to employers than individuals without college diplomas. a negative externality exists because individuals who receive a bachelor's degree could have spent the time working instead of attending college.
Externalities are the costs or benefits of economic activity that are felt by unaffiliated third parties. The ultimate benifit or cost of a good or service does not take the external cost or benefit into account.
The answer is quite theoretical
Yes. Higher yearly and lifetime incomes are strongly connected with college degree than with high school education. Additionally, there are non-financial advantages like social development, personal enrichment, and the chance to interact with people from various cultures and backgrounds.The advantages of a workforce and population with high levels of education go beyond what is good for the individual. Increases in human capital can boost productivity across the economy, and better education will raise people's chances of achieving social and economic successes that will benefit society as a whole.Too few. There is a positive externality, thus when a person decides to further their education, some of the advantages won't be taken into consideration.There can be a minimal education standard set by the government. In order to encourage more people to enroll in college, the government might potentially offer a subsidy.Learn more about Externalities here: https://brainly.com/question/14018373
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carson has just purchased his first gas grill. he brought it home and is testing it out for the first time by barbecuing burgers for his friends. what acronym represents where carson is at in the purchase process?
As Carson has just purchased his first gas grill, he brought it home and is testing it out for the first time by barbecuing burgers for his friends. An acronym that represents where carson is at in the purchase process is SMOT which means second moment of truth.
What is second moment of truth?In marketing, a moment of truth refers to business lingo for any opportunity a customer has to form, as an impression about a company, brand, product or service.
The second moment of truth is the moment when the consumer experiences a product or service following the purchase decision. Also, the second moment of truth is the moment that will determine the consumer's brand perception and future buying decisions.
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March 2014. It expects to write off $10,000 as uncollectible. How much should the village recognize as property tax revenues in its government-wide Statement of Activities for the fiscal year ended June 30, 2013.Question 22 options:$4,280,000$4,290,000$4,270,000$4,200,000
Sales taxes, belongings taxes, intergovernmental revenues, and consumer costs finance the maximum of those activities. The authorities-huge monetary.
A government-wide monetary announcement is a detailed summary of all the essential government budgets, what they have got spent, and what sort of cash they have got left. This announcement shows in element each component the authorities have spent money on and what sort of cash is left if any.
The government-wide monetary statements are as follows: announcement of net assets; and. statement of sports. authorities-wide monetary statements provide a protracted-time period view of the budget. They record revenues and costs while the income system is a complete accrual foundation, in place of while they absolutely received or paid coins foundation.
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there are regions in which the three spheres of quality overlap. what are some of the overlaps between management, assurance, and control? why are they important?
The three spheres of quality that often overlap are:
Quality controlQuality AssuranceQuality Management.Some of the overlaps between management, assurance, and control are:
High-quality Management is what leads to high-quality control. Low-quality control leads to low-quality assurance. Low-Quality assurance leads to low financial performance which may make it difficult to attract quality management.
Why are the three spheres of quality important?Quality is divided into three components: quality assurance, quality factor control, and quality management. In terms of the context of the three terminologies, these three words are relative to one another.
The quality spheres are introduced throughout the company to guarantee that the manufacturing process is consistent. It focuses on product and service planning, quality assurance, and product quality management in order to effectively meet the organization's goal.
Quality control, quality assurance, and comprehensive quality management are three areas under quality management that help to maintain the organization's foundation solid.
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hannah tywin owns 100 shares of mm incorporated stock. she sells the stock on december 11 for $25 per share. she received the stock as a gift from her aunt pam on march 20 of this year when the fair market value of the stock was $18 per share. aunt pam originally purchased the stock seven years ago at a price of $12 per share.what are the amount and character of hannah's recognized gain or loss on the stock?
1300, long-term capital gain is the profit earned by Hannah.
How do you calculate the gain or loss?Aunt pam's purchase price
Purchase price = (100 shares x $12 per share)
Purchase price = $1200
Hannah's selling price
Selling price = (100 shares x $25 per share)
Selling price = $2500
Profit earned by Hannah on the stock:
= $2500 - $1200
= $1300
Subtract the current price from the initial price to determine your profit or loss. The result from the previous calculation is multiplied by 100 and divided by the original purchase price to determine the percentage change. Selling a security to lock in profits after it has increased significantly is known as profit-taking.
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the economic model known as the sharing economy is based on the idea that sharing access to products and services is done through . multiple choice question. bartering an online platform government intervention trade treaties
The economic model known as the sharing economy is based on the idea that sharing access to products and services is done through - An online platform .
An economy is a region where products and services are produced, distributed, traded, and consumed. It is generally understood to be a social domain that places an emphasis on the behaviors, discourses, and tangible manifestations connected to the creation, utilization, and management of finite resources. One's culture, values, education, technological advancement, history, social organization, political structure, legal system, and natural resources are all major determinants of an economy's processes. These elements determine the parameters and conditions under which an economy operates in addition to providing background and content. In other words, the economic realm is a social domain made up of connected human behaviors and exchanges that cannot exist independently.
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ou collect antiques and regularly travel the country looking for good deals. in your wanderings, you find an old fiddle and offer the owner $5. the owner accepts, and you take your treasure home. after you get the fiddle home and do your research on it, you discover the fiddle is actually worth $5,000. what a find! what do you think would happen if the owner tried to cancel the contract and get the fiddle back? mutual mistake is a valid defense to a contract, so the owner could get his fiddle back. mistake of value is a valid defense to a contract, so the owner could get his fiddle back. mistake of value is not a valid defense to a contract, so the owner could not get his fiddle back. mutual mistake is not a valid defense to a contract, so the owner could not get his fiddle back.
The factor that will show up if the proprietor tried to cancel the contract is that A. the mistake of fee of no longer a professional safety to a contract so the proprietor could no longer get his fiddle back.
What is a contract?A legit contract is a legally binding and enforceable agreement. In a first rate contract, both parties are legally sure to elevate out the phrases of the agreement.
Option 1 is the proper answer because, in order for a contract to be legitimate, all 5 elements want to be present, one of which is a authentic supply and acceptance thru the special party; even at a lower value, it is nevertheless legit if no misrepresentation is made thru both party.
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brainly.com/question/2516442#SPJ4artifacts are the most visible level of an organizations culture. group of answer choices true false
The aforementioned question has a TRUE answer. The level of culture that is most obvious and approachable are the artifacts.
What aspects of an organization's culture are most obvious?The ARTIFACT culture is the aspect of corporate culture that is most obvious. Artifacts are seen to be the element of organizational culture that is most obvious. The common principles within an organization's culture help to direct its members toward moral behavior that is both acceptable and rewarding.
What do organizational cultural artifacts mean?Company culture is how an organization consistently displays its values through its artifacts. Any memorable occasion or thing made by a company member is considered an artifact. Some company relics are tangible, like the design of a building, a set of beanbag chairs, or a sign in the lobby.
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suppose you are contemplating emigrating from your home country to the fictional country of klaxon. klaxon has the same policies and institutions as your home country except it has less honesty and dedication in the enforcement of contracts. also, your home country has fewer and politically weaker special-interest groups than klaxon. if you base your decision to emigrate solely on the prospects for economic growth, you would . after you make your decision, the easternmost province of klaxon secedes from the rest of the country to form east klaxon. east klaxon plans to retain all the policies and institutions of klaxon except that east klaxon will have more competitive markets. again, if you based your decision to emigrate solely on prospects for economic growth, east klaxon would be a attractive emigration destination than klaxon.
If Megan's decision to emigrate is based solely on the prospects for economic growth, she would emigrate.
West Klaxon is less attractive to emigration. destination from T2w thaw exon, because nte haw, which since applying anyone which economic it has Low Depeche less centar implies West everyone Se harmful to the economy. misuse its resources.
Immigrants help ease labor shortages during expansions while increasing consumer spending and tax revenues for state and local governments. It lowers unemployment and reduces job competition. It leads to reduced demand for natural resources and services such as food water education and health care. In addition the country of origin benefits from migrants returning home after acquiring new skills and knowledge in the host country.
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according to u.s. gaap, when the local currency is the functional currency, which method is usually required for translating a foreign subsidiary's financial statements into the parent's reporting currency?
In a condition when the local currency is the functional currency, then the current rate method is used for translating a foreign subsidiary's financial statements into the parent's reporting currency.
The financial statements can be referred to or considered as the statements that are useful in representation of the positions of an organization. The preparation of the financial statements are done after following the principles of the United States' Generally Accepted Accounting Principles, or GAAP.
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mortgage foreclosures, a credit contraction, a leftward shift in the demand for labor, and a strong drop in consumption b. mortgage foreclosures, a credit expansion, a leftward shift in the demand for labor, and a strong drop in consumption c. mortgage foreclosures, a credit contraction, a rightward shift in the demand for labor, and an increase in consumption d. mortgage foreclosures, a credit expansion, a rightward shift in the demand for labor, and an increase in consumption
Mortgage foreclosures, a credit contraction, a move to the left in labour demand, and a significant decline in consumption.
What are the characteristics of a mortgage?If you intend to apply for a mortgage loan, you should be aware of the following typical mortgage loan concepts: Mortgage loan interest rates are significantly lower than interest rates on other loans. You can choose from a variety of interest rates to service your loan. Floating rates, fixed interest rates, interest-only mortgages, and payment option ARMs are among the alternatives. A mortgage loan is one of the most straightforward ways to obtain a property loan. When the loan is paid off, you will be the sole owner of the home. Mortgage loans typically have an LTV ratio of 60%-70%.
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chester's product manager is considering lowering the price of the cozy product by $2.50 and wants to know what the impact will be on the product’s contribution margin. assuming no inventory carry costs, what will cozy's contribution margin be if the price is lowered?
Given that the price has been reduced by about $2.5 and there are no inventory expenses, the contribution margin for the Buzz product will be adjusted to 34%.
The money that remains from sales after all variable costs connected with creating a product have been paid is the contribution margin, also known as the gross margin, of a company. Your net income or profit is obtained by deducting fixed costs from your contribution margins, such as rent, equipment leases, and employee pay.
The following values will be derived for the contribution margin using the formula's specified values:
New price = old price - 2.5
= $32.5
Making the contribution margin,
Contribution margin = variable revenue/new price
= 11.05/32.5
= 0.34
Therefore, if the prices are reduced by $2.5 and the specified parameters are satisfied, the buzz product's contribution margin will be close to 34%.
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The cash flow statement should be evaluated by examining the cash flow pattern ______.
By looking at the cash flow of both the subtotals for 3 phases of the statement, the statement of cash flows should be assessed.
Describe cash flow.Cash flow is just a metric for how much money a company earned or spent overall during a given period of time. On the cash flows, a commonly used financial statement, cash flow is often divided into cash flow for operating operations, cash flow from investing activities, and cash flow from financing activities.
The source of cash flow.created by activities cash flow. The total of all semi expenses, which often includes depreciation and amortization, plus net income. alterations to working capital. This represents the net change in inventory, accounts payable, and receivable over the measuring period.
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which of the following best characterizes the compulsive behaviors seen in obsessive-compulsive disorder (ocd)?
The option that best characterizes the compulsive behaviors seen in obsessive-compulsive disorder (OCD) is "Compulsive behaviors are aimed at diminishing the stress triggered by compulsions"
What is OCD?Obsessive-compulsive disorder is distinguished by irrational thoughts and anxieties (obsessions) that lead to obsessive behaviors. OCD is frequently associated with themes such as a fear of germs or the need to arrange objects in a specific way. Symptoms usually appear gradually and change over time. Treatment may include either talk therapy or medication or both.
OCD sufferers may experience:
Obsessive behavior, agitation, compulsive hoarding, hypervigilance, impulsivity, meaningless repeating of own words, repeated motions, ritualistic behavior, social isolation, or prolonged repetition of words or acts are examples of behavioral disorders.
Anxiety, trepidation, guilt, or panic attack, Depression or dread might be psychological. Food aversion, nightmares, and rumination are also prevalent.
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which of the following is false? you don’t need disability insurance when you have a job. the cost of disability insurance is based on elimination (waiting) period. the cost of disability insurance is based on age. if your employer doesn’t offer it you can buy it on your own.
When you are employed, disability insurance is not necessary. This assertion is false.
Disability insurance, as the name suggests, is an insurance product that pays out if the policyholder becomes disabled and is unable to work or earn an income.
The US Social Security system allows people to apply for government-provided disability insurance. In addition, private insurance companies offer disability insurance.
For example, if property and casualty insurance pays the policyholder the value of the stolen property, the loss is covered by the insurance product. Disability insurance, on the other hand, compensates for lost wages due to disability.
Generally accepted accounting principles (GAAP) use standardized accounting rules to ensure companies do not overstate these costs.
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what are the four major sources of market failure? explain briefly why each prevents the competitive market from operating efficiently. part 2 the four major sources of market failure are part 3 a. market power, the government, externalities, and private goods. b. , , complete information, and externalities. c. market power, incomplete information, externalities, and public goods. d. market power, incomplete information, , and . e. competition, symmetric information, externalities, and public goods.
The four major sources of market failure is option D among the group of choices given in the question.
What does it imply when a market fails?Market failure describes an inefficient exchange of goods and services on the free market. In a market failure, the individual incentives for rational behavior do not produce rational outcomes for the group.
Their origins?When goods and services are distributed inefficiently, a market failure arises because a free market is unable to attain equilibrium. If the rule of supply and demand does not lead to pricing equilibrium, one or more market-related elements have likely failed.
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The manager asks you to assist her with the data analytics on bad debts expense at year-end. To do this, you access the following tableau dashboard for your company
A dashboard is a collection of various views that allows you to compare numerous pieces of data at once.
The management asks for your assistance with the data analytics on the cost of bad debts at the end of the year. Logging into your company's tableau dashboard can help you accomplish this.1. Using the % of sales method, determine the remaining balance of the allowance for doubtful accounts. Assume that there is no balance in the allowance for doubtful accounts right now. Determine the percentage of credit sales that cannot be repaid.
2. Using the percent of receivables method, determine the remaining balance of the allowance for doubtful accounts. Assume that there is no balance in the allowance for doubtful accounts right now. Calculate the percentage of receivables that cannot be collected.
3. Using the receivables' age, determine how much allowance for shaky debts is still left. Assume that there is no balance in the allowance for doubtful accounts right now.
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3. an investment manager hedges a portfolio of bunds (german government bonds) with a 6-month forward contract. the current spot rate is €0.84:$1 and the 180-day forward rate is €0.81:$1. at the end of the 6-month period, the bunds have risen in value by 3.75 percent (in euro terms), and the spot rate is now €0.76:$1. a. if the bunds earn interest at the annual rate of 5 percent, paid semi-annually, what is the investment manager's total dollar return on the hedged bunds? b. what would the return on the bunds have been without hedging? c. what was the true cost of the forward contract?
A tailored agreement between two parties to purchase or sell an item at a predetermined price at a later date is known as a forward contract.
What is a forward contract?A forward contract, also known as a forward, is a non-standard contract between two parties to buy or sell an asset at a price agreed upon at the time the contract was concluded. As such, it is a type of derivative instrument. Future purchases of the underlying asset by one party result in a long position, while future sales of the asset by another party result in a short position. The agreed-upon price, referred to as the delivery price, is equal to the forward price at the time the contract is signed. Prior to a change in control over the underlying instrument, the price, in whatever form, is paid.
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which of the following is most commonly used to monitor short-run changes in economic activity? a. the inflation rate b. real gdp c. interest rates d. value of the u.s. dollar in the foreign exchange market
The inflation rate is most commonly used to monitor short-run changes in economic activity.
A widespread increase in the costs of goods and services in an economy is referred to as inflation in economics. The buying power of money decreases when the overall price level rises, which is why inflation is often known as a rise in prices. Deflation is the antithesis of inflation and refers to a persistent drop in the overall level of prices for goods and services.
The majority of economists concur that sustained excessive expansion in the money supply is what causes high inflation and hyperinflation, both of which have profoundly disruptive impacts on the actual economy.
Hence the correction option is A.
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using chapter 5's content, identify a unique challenge associated with a family business that you would be okay dealing with as an owner of a family business. why is this? explain by providing examples.
Generational problem is a unique family business challenges that you, the family business owner, can easily overcome.
How do you overcome the challenges of a family business?Tips for Overcoming Family Business Challenges:
Succession planning is critical to the success of any family business.Avoid nepotism.Implement structures and systems. Involve the next generation at an early stage. Bring a Family Business Advisor. Ask all generations. Family business success story.What are the most common causes of disputes in family businesses?An often difficult issue is inheritance or family disputes regarding dividend payments. There can also be tensions about the role family members can play within the company, how quickly they can progress, and decision-making power within the company.
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question content areamost manufacturing plants are considered cost centers because they have control over a.fixed assets and sales b.fixed assets and costs c.sales and costs d.costs only
Most manufacturing plants are considered cost centers because they have control over costs only.
Manufacturing plants include custom workshops, factories, mills, industrial shops and production facilities, among other comparable applications, that are generally used for the fabrication, processing, finishing, refinishing, assembling, or similar manufacture of various goods and commodities.
A steel mill is a factory that creates steel products as an illustration of a manufacturing facility. Because they provide jobs and consumer products, steel mills are vital to the economy. One of the most popular materials in production is steel.
Hence the correct option is D.
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this method of accounting for long-term contracts recognizes job income as the work advances. question 66 options: percentage of completion method percentage of completion - capitalized cost method completed contract method incomplete contract method
The percentage of completion method is an accounting method in which long-term contract revenues and expenses are recognized as a percentage of the work completed during the period.
The completed contract method (CCM) is an accounting technique that allows businesses to defer reporting of income and expenses until after a contract has been completed.
Percentage of completion is an accounting method for evaluating work-in-progress for long-term contracts. The completed-contract method is another method of revenue recognition permitted by GAAP for long-term construction contracts.
The completed contract method is a rule that states that income and expenses from a project should be recorded only after the entire project is completed. The percentage-of-completion method (PCM), on the other hand, recognizes a portion of revenue as the contractor completes the contract.
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true or false: a write-down of an asset held and used can provide important information about the future cash flows a company expects to generate from using the asset
Answer:
Yes, it is true of an asset held and used can provide important information about the future cash flows a company expects to generate from using the asset.
Explanation:
Companies are required to determine at each reporting date whether there is an indication that an asset or cash-generating unit (CGU) may be impaired under IAS 36 Impairment of Assets1. During the period, there have been major developments having negative repercussions in the technological, market, economic, or regulatory environment in which the organisation operates (or will take place in the near future). Such negative effects could be brought about by the transition to a lower-carbon economy. Therefore, while determining whether assets or CGUs may be affected, a corporation must take the effects of climate change into account. [IAS 36.9, 12(b)].
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created by congress to promote an active secondary market for home mortgages, fannie mae and freddie mac purchase loans that meet specific underwriting standards such as loan size, documentation, and payment to income ratio. the loans that fannie mae and freddie mac are eligible to purchase are commonly referred to as:
The loans that Fannie Mae and Freddie Mac are eligible to purchase are commonly referred to as Conforming Conventional Loans.
An individual takes loans when he is in need of money for some work like buying house, educational purposes, etc. Loans are given by banks to the borrowers at some interest rates. The Conforming Conventions loans are the most common type of loans that are present in the market. These loans are beneficial for both the investors and the borrowers as they relieve the borrower from the mortgages while taking the housing loan. Conforming lenders or investors funds these type of loans to Fannie Mae and Freddie Mac and after this the loans are sold in open market to the available borrowers. The interest rates on these types of loans are also very low and they abide by government guidelines.
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