1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
rusak2 [61]
1 year ago
15

A bank owns a 10-story office building. In the bank's balance sheet, this would be listed as part of?

Business
1 answer:
ziro4ka [17]1 year ago
5 0

A 10-story office building is owned by a bank. This would be an example of a chequable deposit on the bank's balance sheet.

An organization's assets, liabilities, and shareholder equity are listed on a balance sheet, which is a financial statement. One of the three primary financial statements used to assess a company is the balance sheet. It offers a snapshot of the assets and liabilities of a corporation as of the publication date.

A balance sheet is a summary of the financial positions of a person or an organization in financial accounting, regardless of whether they are a sole proprietorship, a business partnership, a corporation, a private limited company, or some other type of entity like a government or not-for-profit entity.

Learn more about balance sheet here

brainly.com/question/1113933

#SPJ4

You might be interested in
You deposit $1,100 at the end of each year into an account paying 9.1 percent interest.
vlabodo [156]

Answer:

a.

The money that we will have in account is $51156.41

b.

The money that we will have in account is $318808.31

Explanation:

a.

The deposits made in the account represent an annuity pattern as the deposits made are of a constant amount, are made after equal interval of time and are for a defined time period. Thus, to calculate the value of money that we will have after 19 years, we will use the formula for the future value of annuity.

The formula for the future value of annuity is attached.

FV = 1100 * [ (1+0.091)^19 - 1 / 0.091 ]

FV = $51156.41178

b.

The same formula for the future value of annuity will be used and we will change n from 19 to 38.

FV = 1100 * [ (1+0.091)^38 - 1 / 0.091 ]

FV = $318808.3149

5 0
3 years ago
A company reports the following: Income before income tax $387,520 Interest expense 69,200 Determine the times interest earned.
katen-ka-za [31]

Answer:

6.6

Explanation:

The formula and the computation of the times interest earned is shown below:

Times earned interest = (Earnings before income tax and interest expense) ÷ (Interest expense)

where,

Earnings before income tax and interest expense is

= $387,520 + $69,200

= $456720

And, the interest expense is $69,200

So, the times interest earned ratio is

= $456,720 ÷ $69,200

= 6.6

8 0
3 years ago
An investment of $6,000 produces a net annual cash inflow of $2,000 for each of 5 years. What is the payback period? a.2 years b
mestny [16]

Answer:

3 years

Explanation:

The payback period measures how long it takes for the amount invested in a project to be recovered from the projects cash flows .

Number of years = Investment / cash flows

$6000 / $2000 = 3 years

I hope my answer helps you

4 0
3 years ago
Ruiz Engineering Contractors incurred service salaries and wages of $37,700 ($27,300 direct and $10,400 indirect) on an engineer
olganol [36]

Explanation:

hope I'll help you mark me as brainliest

5 0
2 years ago
How does capital play an important role in the other factors of production?
OverLord2011 [107]

Answer:

Capital is an important factor of production because it's what allows labor and land to be purchased.

Explanation:

capital can be the money that companies use to buy resources, as well as the physical assets companies use when producing goods or services, such as factories and machinery.

7 0
3 years ago
Read 2 more answers
Other questions:
  • Which of the following people would be considered unemployed by the Bureau of Labor Statistics? I. Mrs. X retires from her job a
    6·1 answer
  • Of the following groups, which benefits most from a government price support program that establishes a floor price for an agric
    14·1 answer
  • You are bullish on Telecom stock. The current market price is $80 per share, and you have $10,000 of your own to invest. You bor
    8·1 answer
  • Keisha took the VARK inventory and discovered she prefers to learn mainly through visual and kinesthetic modes. Which study stra
    9·1 answer
  • "Health care is so special that price will never matter. People will either buy what medical care they need, or else they will j
    15·1 answer
  • If cost of goods manufactured is $306,790, beginning work in progress inventory, $25,000, and cost to manufacture, $300,000, the
    14·1 answer
  • Which of the following choices is a movement along the demand curve showing that a different quantity is purchased in response t
    11·1 answer
  • If you begin investing at age 25 instead of age 20, how much more do you need to invest per month to have $1M at retirement?
    13·1 answer
  • One key difference between an oligopoly market and a competitive market is that oligopolistic firms.
    8·1 answer
  • In a partnership, partners may not compete against their own partnership unless:A. they do not monetarily benefit from their com
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!