Which of the following affects your client's equity in assets? Loans against the asset. Appraisal. How...
Which of the following affects your client's equity in assets?
Loans against the asset.
Appraisal.
How long the asset has been owned. Both 1 and 2.
Homework Answers
Equity=Value of assets - Value of liabilities
Loans against assets would increase the cash flow and increase the
liabilities.
Only time period does not impact equity holding when there is no
financial transactions.
Appraisal approach is used to determine the value of an asset and
won't change the equity holding percentage.
Answer: Hence, loans against the assets, affects the client's equity in assets.
Add Answer to:
Which of the following affects your client's equity in
assets?
Loans against the asset.
Appraisal.
How...
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