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exis [7]
3 years ago
10

The Tidewater State Bank has $1000 in total assets (all of which are earning assets), $700 of which will be replaced with in the

next 90 days. This bank also has $800 in total liabilities, $400 of which will be replaced within the next 90 days. Currently, the bank is earning 8% on its assets and is paying 5% on its liabilities. If interest rates do not change in the next ninety days, what is this bank's net interest margin?
Business
1 answer:
Nesterboy [21]3 years ago
5 0

Answer:

4.6%

Explanation:

The computation is shown below:

= (Interest on assets - Interest on liabilities) ÷ (Total earning assets)

where,

Interest on assets = (8% + 2% × $700) + 8% × $300

= $70 + $24

= $94

Now the interest on liabilities equal to

= 5% × 400 + (5% + 2% × 400)

= $20 + $28

= $48

So, the net interest margin equal to

= ($94 - $48) ÷ ($1,000)

= 4.6%

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In 2007, Salesforce.com recognized an emerging market for platform as a service (PaaS) offerings and developed a new competency
Debora [2.8K]

Answer:

Option D. Building new core competencies to create and compete in markets of the future.

Explanation:

The market entrants when enter they don't have any share of market. To attain the market they bring with them uniqueness in their product which the rival companies cann't offer. For this reason, many existing companies try to add additional capabilities and competencies in its existing strengths. This uniqueness achieved gives a competitive advantage which means the correct option is option D.

7 0
3 years ago
Suppose a country has government expenditures of $3,500, taxes of $2,200, consumption of $9,000, exports of $2,500, imports of $
TiliK225 [7]

Answer:

The correct option is C ,$15,300

Explanation:

GDP is a short form of Gross Domestic Product which is an indicator of total goods produced in an economy in a period of one year.

Using the expenditure method,GDP van be computed using the below formula:

GDP=C+I+G+(X-M)

C is the consumption in the economy which is $9000

I is the level of investment at $3,000

G is the government expenditure of $3,500

X is the export of $2,500

M is the import of $2,700

GDP=$9000+$3000+$3500+($2500-$2700)

GDP=$15,300

Hence the GDP is $15,300

8 0
3 years ago
Glenn sells a piece of equipment used in his business for $31,500 during 2019. The equipment was purchased on July 1, 2017, at a
Schach [20]

Answer:

A gain of $16,100

Explanation:

When the amount received from the disposal of an asset is higher than the carrying value of the asset, the company makes a gain on disposal.

The carrying amount of an asset is the difference between the cost of the asset and the accumulated depreciation of the asset.

Carrying amount

= $22,000 - $6,600

= $15,400

Gain/(loss) on sale of asset

= $31,500 - $15,400

= $16,100

6 0
4 years ago
Sara spends $25 for an all-day ticket to an amusement park. After one ride, it begins to rain and she wishes she had never come.
iren2701 [21]

Answer:

False.

Explanation:

False, it is given that Sara spends $25 for all-day ticket in the amusement park. However, this is a shuck cost that she can not recover. Moreover, she has taken one ride so marginal analysis shows that all his $25 is not wasted. She has utilized some portion of their money so we can not say that she has wasted all his money.

7 0
3 years ago
A company has two departments, Y and Z that incur delivery expenses. An analysis of the total delivery expense of $14,000 indica
Readme [11.4K]

Answer:

Department Y $9000

Department Z $5000

Explanation:

Delivery expense can be calculated using the allocation and apportionment method for Y and Z.

<u>Step 1. Allocation</u>

The costs that are directly attributable to the departments would be allocated to its relevant department. Here, $1500 are the direct expenses for the deliveries for the department Y, so at the first step,

Department Y Cost = $1500

For the department Z, their are no direct expenses for the deliveries,so at the first step,

Department Z Cost = $0

<u>Step 1. Apportionment</u>

The indirect cost of $12500 ($14000 - $1500) would be apportioned among department Y and Z.

So

Department Y = $1500 + $12500 x 60% = $9000

Department Z = $12500 x 40% = $5000

3 0
3 years ago
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