Sale and leaseback - Study guides, Class notes & Summaries

How is revenue treated that is receivable 2 years after the goods are delivered? correct answer: The amount of revenue initially recognised is the amount receivable discounted to present value. Interst is then applied to the receivable as interest income over 2 years IFRS 9 requires investments in equity instruments to be measured and accounted for ( in the absence of any election at initial recognition)? correct answer: Fair value with changes going through profit or loss What are acce...

OCT/NOV 2020 FIN2602 Personal Financial Management 70 Marks Duration 2 Hours First examiner: Nico Swart Second examiner: Me L Ngcobo This paper consists of 21 pages including one rough work sheet plus instructions for the completion of a mark reading sheet. Instructions: Use of a non-programmable pocket calculator is permissible. This examination question paper remains the property of Unisa. We remind you about your Honesty Declaration. Remember to submit your examinatio...

"A" for Amps, "A" for the ______ of current available in a structure - Amount A banker decides not to lend in a community because of the infusion of people of a particular race, religion, or nationality. What is this called? - Red-lining A CMA (comparative market analysis) is not a/an ______ - Appraisal A lease for large unfinished space would be called a ____ lease - Loft A mortgage that covers and includes more than a single property is called _______ - Blanket A mortgage that financ...

Aviation Law - Final Exam Questions & Answers Your willingness to put up your property for collateral to secure payment of a loan. - Answer ️️ -What is Security Interest? Security Interest for a loan against land and buildings. - Answer ️️ -What is a Mortgage? Security Interest for a loan against anything other than land and buildings. - Answer ️️ -What is a Financial Statement? Skin in the Game & Cover the Equity - Answer ️️ -What are the two reasons for why a bank requi...

Series 79 Ch 3 Question and answers already passed What happens when a company does a sale-leaseback and distributes the proceeds as a dividend? - correct answer Debt will stay the same, but equity will fall because dividends reduce equity. So the debt to equity ratio will increase / worsen. What is a company's interest coverage? - correct answer EBITDA/interest expense What is a company's dividend yield? - correct answer ANNUAL dividend/stock price Note that you can thus calcul...

A sale and leaseback agreement is: correct answersa way for landowners to free up capital while maintaining the same overhead expenses With net leases, each added "net" requires a tenant to pay for an additional expense that may have otherwise fallen on the landlord. All of the following are expenses that could be paid under a net lease EXCEPT: correct answersdebt interest (Any lease that requires a tenant to pay rent, property taxes, insurance, and maintenance expenses is a triple-net lea...

Pearson Vue Practice Exam Questions and Answers Latest Updated 2024/2025 | Scored A+. In stating a seller's price and terms to a prospective buyer, the seller's broker is required by the law of agency to state ONLY those terms that are a. included in the listing agreement b. based on the brokers evaluation of prevailing prices and terms c. favorable for the seller, as determined by the broker d. attractive to buyers, as determined by the broker a. included in the listing agreement a lot ...

Which of the following is NOT true about a sale and leaseback of a commercial property? (a) Seller frees up funds (b) Ownership does not actually transfer (c) Buyer can deduct depreciation from his taxes (d) Seller is able to deduct rent payments from his gross income - Ownership does not actually transfer Which is not correct about PMI? (a) To request cancellation of PMI, you must be current on your loan. (b) For "high-risk loans" lenders are required to automatically remove PMI when ...

CLFP EXAM, Financial and Tax Accounting for Leases Questions and Answers Latest Update 2024/2025. What is a primary goal of the accounting profession? correct answerConsistent treatment of like transactions to allow clarity in presentation and consistency in interpretation of financial statements prepared by various individuals or entities. How did APB (Accounting Principals Board) fail? correct answerCreated Opinion #5 (Reporting of Leases in Financial Statements of Lessees) and Opinion #7 ...

Capital - The money provided by the owners in a business Capital expenditure - Spending on business resources that can be used repeatedly over a period of time Internal finance - Money generated by the business or its current owners Retained profit - Profit after tax that is 'ploughed back' into the business Revenue expenditure - Spending on business resources that have already been consumed or will be very shortly Sale and leaseback - The practice of selling a...