There are different types of ARMs to choose from, and they have pros and cons. But keep in mind that these kinds of loans are better suited for certain kinds of borrowers, including those who intend to hold onto a property for the short term or if they intend to pay off the loan befo...
A collateralized debt obligation is an example of an asset-based security (ABS). It is like a loan or bond, one backed by a portfolio of debt instruments—bank loans, mortgages, credit card receivables, aircraft leases, smaller bonds, and sometimes even other ABSs or CDOs. This portfolio a...
Explain the two methods to amortize the bond premium and discount. Give example journal entries for the two different amortization methods. How do the components of revenues and expenses differ between a merchandising company and a service enterprise...
What is the rationale behind the different accounting methods for the various investment classifications? What are the benefits of converting from GAAP to IFRS from a company perspective and investor perspective? Why would Depreciation and Amortization (D&A) be ...