The company now reports consumer financing
interest expense separately from all other interest expense.
Some income statements report interest income and
interest expense separately as their own line items.
Not exact matches
This is done by amortizing the debt, which involves calculating the
interest and principal portions of the debt
separately, allowing for the recording of
interest expense and the making of adjustments to the debt's carrying value on the balance sheet.
UL is unique in the sense that this type of policy «unbundles» the pricing elements that make up a traditional cash - value permanent policy —
interest earnings, mortality costs, and company
expenses — and prices them
separately.
UL is unique in the sense that this type of policy «unbundles» the pricing elements that make up a traditional cash - value permanent policy —
interest earnings, mortality costs, and company
expenses — and prices them
separately.