Question: please select all that apply I just received a report that indicates that one of our buildings has a break-even ratio of.914. Which action should
I just received a report that indicates that one of our buildings has a break-even ratio of.914. Which action should take if I want to improve our financials? It is important that our profit and Loss statement presents a positive picture. I am anticipating a sale of the property before the end of the year. Closing statements for the year are still eight months away, so it might be possible to make some changes and have an impact on the financial health of this operation. (MARK ALL THOSE THAT APPLY) A. Pay your retainers for legal and accounting expenses before the end of the reporting year B. Prepay real estate taxes before the end of the reporting yoar C. Renegotiate with the bank on extending the time period for paying back our current mortgage. D. Renegotiate with the bank for a lower interest rate on the existing loans E. Discuss with your insurance broker, strategies for reducing your insurance premiums
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