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If a division is reporting losses does that necessarily mean that it should be closed?
Wiki User
∙ 14y ago
Not necessarily. If there is scope for improvement and future profit, in most cases the division would continue to run. It depends on the management of the firm.
Wiki User
∙ 14y ago
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What is the difference between allowances for loan losses and provision for loan losses?
The allowance for loan losses is a contra-asset account that appears on the balance sheet as an offset to loans receivable. It is an account with a running balance of the allowances for loan losses established to report loans receivable at their net realizable value. For example, if you have $100,000 in loans receivable and an allowance for loan losses of $20,000, the net realizable value of the loans receivable reported on the balance sheet would be $80,000 ($100,000 - $20,000). The allowance for loan losses is reduced when a loan or a portion of a loan is written off as uncollectible. The allowance for loan losses is increased when a provision for loan losses is established. The provision for loan losses is the current period expense for loan losses established in the current period. This provision is reported in the statement of operations (or income/loss statement). It represents the amount that is added to the allowance for loan losses in the current reporting period.
What is loss prevention officer?
A loss prevention officer can either work for an insurer or a company. In a company the role would entail looking at all business risks and reporting back on the major risks. For an Insurer the role would be to advise clients how to reduce the risks of business losses
Are mutual fund losses tax deductible?
No. The losses have to be managed by you. You cannot claim any tax benefits on them.
What is retained earnings deficit?
In accounting, retained earnings refers to the portion of net income which is retained by the corporation rather than distributed to its owners as dividends. Similarly, if the corporation takes a loss, then that loss is retained and called variously retained losses, accumulated losses or accumulated deficit. Retained earnings and losses are cumulative from year to year with losses offsetting earnings.
Losses after the stock market crash were believed to be in the?
in the billions
Division of profit and losses in partnership?
Profits and losses are shared evenly Except otherwise stated in the contract.
Who has the most overall football losses in division one football?
vanderbilt
Which Division 1A Quarterback has the most losses as a starter?
Adam Weber
How does a college get its division rating?
A college gets its division rating by determining the number of wins and the number of losses by that particular college. From that, there is a percentage figured out and that becomes the division rating.
What was the bears record last year?
9 wins 7 losses (2nd in their division)
How big losses had the 3 division Totenkopf during the Barbarossa campaign?
With the battle of Demyansk end february 42, the 3 division totenkopf, took very heavy losses. The 3 division, upheld the whole front for the time, needed for the main army, to redraw from Demyansk. The 3 division saved the day for this part of the russian front. Until the Barbarossa campain continued. The heavy losses of the 3 division, can only bee estimated, but for the period early january until spring in mid april, I will estimate the loss rate to clost to 20% of the 3. division totenkopf. The total loss for the 3 division in the Barbarossa campain, is app. 85%. This is the SS standarde.
What is 140EZ?
I think you have it confused with "1040EZ", which is the easy form of income tax reporting form to be used when you have no deductions, losses, or other complications to report.
Which team has the Longest division 3 football current losing streak?
University of Puget Sound. 22 losses
What was the standings in the National League on September 2 2005?
EAST DIVISION Atlanta Braves 77 wins 58 losses .570 percentage Philadelphia Phillies 73 wins 62 losses .541 percentage Florida Marlins 71 wins 63 losses .530 percentage New York Mets 69 wins 65 losses .515 percentage Washington Nationals 69 wins 66 losses .511 percentage CENTRAL DIVISION St Louis Cardinals 85 wins 50 losses .630 percentage Houston Astros 72 wins 62 losses .537 percentage Milwaukee Brewers 66 wins 69 losses .489 percentage Chicago Cubs 64 wins 70 losses .478 percentage Cincinnati Reds 62 wins 72 losses .463 percentage Pittsburgh Pirates 55 wins 79 losses .410 percentage WEST DIVISION San Diego Padres 67 wins 67 losses .500 percentage Los Angeles Dodgers 61 wins 73 losses .455 percentage San Francisco Giants 60 wins 73 losses .451 percentage Arizona Diamondbacks 61 wins 75 losses .449 percentage Colorado Rockies 53 wins 81 losses .396 percentage
Who the winningest coach in college football division 1?
Knute Rockne with a record of 105 wins, 12 losses and 5 ties
What is the Detroit Redwings record on New Year's Eve of 2009?
20 wins, 14 regulation-time losses, and 6 overtime losses (total 46 points, ranked 3rd in the Central Division of the Western Conference in the NHL).
What team is the All time division three football leader in wins?
With an overall record is 697 wins, 345 losses and 31 ties, Wittenberg has the most wins of any NCAA Division III football program in history
