The loan loss coverage ratio is computed by dividing the provision for loans by net loans
Indicate whether the statement is true or false
F
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The skills approach takes a ______ on leadership, like the trait approach.
A. leader-follower centered perspective B. organizational-centered perspective C. situational-centered perspective D. leader-centered perspective
There are two approaches that management can use to estimate the amount of credit sales that would prove to be uncollectible, they are the _____. Over time, the two methods, correctly used, will give the same cumulative income and asset totals. U.S. GAAP and IFRS do not require firms to use one or the other, and some firms use both methods
a. gross amount of sales procedure and the aging-of-accounts-receivable procedure. b. percentage-of-sales procedure and the aging-of-accounts-receivable procedure. c. percentage-of-cost of good sold procedure and the amount of accounts-receivable procedure. d. percentage-of-cost of good sold procedure and the aging-of-notes-receivable procedure. e. gross amount of sales procedure and the amount of accounts-receivable procedure.
The difference between the issuing price of a debt or equity issue and the net proceeds of the issue received by the issuing firm is known as the _____.
A. offering price B. efficiency return C. underwriter's spread D. bid price E. premium cost
Political risk is ________ and does not require a discount rate adjustment when forecasting cash flows
A) diversifiable B) not diversifiable C) difficult to quantify D) the same as financial risk