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Vesnalui [34]
1 year ago
12

When the value of a bank's assets is than its liabilities, the bank is said to be:_____.

Business
1 answer:
mr_godi [17]1 year ago
3 0

The value of a bank's assets is than its liabilities, the bank is said to be  <u>solvent</u>

<h3>What is assets?</h3>

Any resource that a company, an organization, or an economic body owns or controls is considered an asset. It encompasses everything that has the potential to generate gains in the economy. When turned into money, assets indicate the worth of ownership.

<h3>What do you mean by solvent in accounting?</h3>

A company's capacity to fulfill its short-term and long-term financial commitments is known as its solvency. One indicator of a company's financial health is its level of solvency, which reveals whether it will be able to continue running its business into the near future. Ratio analysis is a tool investors can use to assess a company's solvency.

To know more about solvent in accounting visit:

brainly.com/question/17373453

#SPJ4

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A company is planning to have a booth at a job fair to recruit for landscapers. In order to help potential applicants decide whe
andriy [413]

Answer:

b

Explanation:

yes they should encourage everyone and the share the information with everyone so that interested and qualifying candidates can get a chance to apply

7 0
2 years ago
A company headquartered in the United States has operations in 27 countries. The company purchased a subsidiary to expand operat
Gala2k [10]

Answer: An internal audit is being performed.

Explanation:

Internal Audit is a department or entity that provides structures, corporate organizations, and procedures for persons inside an organization with unbiased, objective assessments.

According to the Chartered Institute of Internal Auditors, the role of internal audit is to provide objective assurance that an organization's risk management, governance and internal control processes are operating effectively.

7 0
2 years ago
The date on a monthly income statement prepared on April 30 is written as________.
Simora [160]

Answer:

(B) For Month Ended April 30, 20--.

Explanation:

Since, the income statement reflects the activities of the specific firm/entity/company for a particular period, therefore the date on income statement is always written in below manner depending on the number of months it represents.

If 12 months are represented by the income statement, then the date on such income statement is written as:

For year ended April 30,20--.

If 6 months are represented by the income statement, then the date on such income statement is written as:

For six months ended April 30,20--.

If 1 month is represented by the income statement, then the date on such income statement is written as:

For month ended April 30,20--.

Keeping in view the above discussion, the answer to the question shall be  

(B) For Month Ended April 30, 20--.

4 0
3 years ago
On January 2, 2020, Coronado Industries began construction of a new citrus processing plant. The automated plant was finished an
Svetllana [295]

Answer:

$157,300

Explanation:

The computation of the interest capitalized is as follows:

= Accumulated expenditure × rate of interest

= ($610,000 × 12 months ÷ 12 months) + ($1,800,000 × 4 months ÷ 12 months) + 0 × 13%

= ($610,000 + $600,000) × 13%

= $1,210,000 × 13%

= $157,300

8 0
2 years ago
McLaughlin and Ferris is an accounting firm that has a stiff, bureaucratic structure. The company has a promotion scheme where p
SCORPION-xisa [38]

Answer:

The correct answer is programmed.

Explanation:

Also called unstructured, they are decisions that are taken in the face of problems or situations that occur infrequently, or those that need a specific model or process of solution, for example: “Launching a new product to the market”, in this type It is necessary to follow a decision-making model to generate a specific solution for this particular problem.

Programmed decisions address rare or exceptional problems. If a problem has not been presented frequently enough to be covered by a policy or if it is so important that it deserves special treatment, it should be handled as an programmed decision. Problems such as allocating the resources of an organization, what to do with a production line that failed, how to improve relations with the community - in fact, the most important problems that the manager will face - will usually require programmed decisions.

3 0
2 years ago
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