CPA & Tax Returns

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Across
  1. 3. The process used to determine the probable value of assets listed on a dealership financial statement.
  2. 5. The classification for dealers with a MAR rating of 5, requiring bi-monthly reporting.
  3. 9. A credit request to change or add lines made at a time other than the regular annual review.
Down
  1. 1. Acronym for the value of a borrower's assets minus intangibles like organization expenses and patents.
  2. 2. The inventory accounting method (Last-In, First-Out) used to calculate TBC and Working Capital.
  3. 3. Acronym for when a dealer sells floor-planned collateral without submitting the required payoff.
  4. 4. An intangible asset often financed in takeover loans, capped at a maximum of $1.0 million.
  5. 6. Acronym for the 60-day supply calculation used to determine wholesale line requirements.
  6. 7. The monthly rating assigned to Class I dealers based on financial, operating, and wholesale data.
  7. 8. The electronic system Ford uses to aggregate and store monthly dealership financial data.