the insurance limit and the required amount to be used for insurance based on the coinsurance percentage are compared and must have a ratio equal to or greater than one, else, a penalty will be given.
What does it mean to say that a bank has a leverage ratio of 10 to 1? What are you measuring when you determine the future value of a single amount? What is the meaning of "bank rate"? What is the important difference between the current account and the capital account, given that ...
Or are they your star performer who’s fixing more than their fair share of difficult customer issues? Are they a liability, or are they a new starter, who, with a little coaching could be one of your greatest assets? If your company culture doesn’t support your people, individual NPS ...
Current Portion of Long-Term Debt:If the company has long-term debt that is maturing within the next year, the portion due within that timeframe is considered a current liability. Income Taxes Payable:This represents the taxes that the company owes to tax authorities for the current year...
Unearned Revenue account is a liability account. a. True b. False Debits increase asset accounts and decrease liability accounts. True False True or false? Expenses have the effect of decreasing retained earnings. True or false: The adjusting entry for unearned revenue results in an...
An increase in the balance of an operatingassetrepresents an outflow of cash – however, an increase in an operatingliabilityrepresents an inflow of cash (and vice versa). If calculating free cash flow – whether on an unlevered FCF or levered FCF basis – an increase in the change in NWC...
LIABILITYACCOUNT LIMITTIMETOASSIGNEES LINECREATEDFROM LINENUMBER LNAME LOCALCHARGEAMOUNT (This value has a dependency on the MULTICURRENCY feature.) LOCALTAXAMOUNT (This value has a dependency on the MULTICURRENCY feature.) LOCATION (This value has a dependency on the LOCATIONS feature.) LOC...
Because a COGS calculation has so many moving parts, it can be prone to errors and subject to manipulation. An incorrect COGS calculation can obscure the true results of a business’ operations. For example, it can result in misstated net income and tax liability. At the very least, ...
3. Identify Total Liabilities:Find the total liabilities section on the balance sheet. This includes current liabilities, such as accounts payable, short-term loans, and noncurrent liabilities, such as long-term loans and bonds payable. Add up all the individual liability values to obtain the tot...
Tax liability: $14,000 Net profits: $56,000 Net profit margin is thus 0.56 or 56% ($56,000 ÷ $100,000) × 100. A 56% profit margin indicates the company earns 56 cents in profit for every dollar it collects. Let’s take a look at another hypothetical example, using the made-up...