Own funds * Loan funds equal to ...OPTIONStotal funds availableb.capital employed onlyC.fixed assets + investments + working capitald.each of hte above
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The correct option is D) Each of the above.
Explanation :
- Own funds are any of the following: (1) cash, corporate capital, warehouse credit lines at commercial banks, savings banks, savings and loan associations, industrial loan companies, or other sources that are liability items on a lender's financial statements, whether secured or unsecured; or (2) cash, corporate capital, warehouse credit lines at commercial banks or other sources that are liability items on a lender's affiliate's financial statements, whether secured or unsecured. A loan's funding from a third party is not considered "own funds" if the third party agrees to later buy the debt or accept its assignment in exchange.
- Loan Fund refers to the designated account set up by the RECIPIENT to pay back the loan's principle and interest. The means through which the RECIPIENT guarantees repayment of the loan is referred to as "Loan Security."
- Loan Funds along with own funds are total funds, Capital employed and fixed assets+investments +working capital.
- Hence, the correct option is D) Each one of the above.
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