Answer
The answer and procedures of the exercise are attached in the following archives.
Step-by-step explanation:
You will find the procedures, formulas or necessary explanations in the archive attached below. If you have any question ask and I will aclare your doubts kindly.
Answer:
The Return on total assets is 7.3%. The right answer is c
Explanation:
In order to calculate the the return on total assets we would have to calculate the following formula:
Return on total assets = Earnings before interest and taxes / Average total assets
Earnings before interest and taxes=Net income + Interest expense
Net income=$21,643
Interest expense=$4,450
Average total assets
=$359,218
Return on total assets= ($21,643 + $4,450) / $359,218
Return on total assets=0.0726=7.3%
The Return on total assets is 7.3%
Answer:
At consummation of the mortgage. Consummation of the mortgage takes place when the buyer signs the loan papers. The closing disclosure must include all the relevant information about the mortgage loan, including closing costs and the agreement on who pays them. The rest of the information about the loan (monthly payment, interest rate, etc.) is not important for the seller, but the closing costs and who pays for them is important.
Answer:
c. Forming Stage
Explanation:
Forming Stage -
It is the very first stage in the group development.
In this initial stage , the people tries to learn about the task , and get along each other , to understand and start to work together .
This stage may even invite certain conflicts and misunderstanding .
In this stage a basic goal and work allotment is done , all the strategies and works are started in this very stage .
Hence , from the information of the question,
The correct term is forming stage.
Answer:
Bank runs are bad for the bank affected and usually good for the bank's competitors
Explanation:
A bank run happens when bank depositors withdraw their money deposited due to fear of the bank's solvency.
Bank runs can work as a self fulfilling prophecy. For example, if there a rumour that a bank is insolvent and it is not, depositors would start withdrawing their monies. This would eventually lead to the bank being insolvent.
Bank runs affect other banks and can lead to the collapse of the whole financial system. Bank runs occurred during the great depression
Bank runs led to the establishment of deposit insurance. The aim of deposit insurance is to increase the confidence of depositors in banks because depositors know their deposits are insured
