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White raven [17]
3 years ago
13

Use the information presented in Midwestern Mutual Bank's balance sheet to answer the following questions.

Business
1 answer:
ratelena [41]3 years ago
3 0

Answer:

Answer for task 1: Increase

Answer for task 2: debt

Answer for task 3: -13.33

Answer for task 4: -14.00

Answer for task 5: reserve requirement

Explanation:

<u>Task 1:</u>

In the given question, the owner has borrowed $100 supplement to their existing reserves. Since the owner has borrowed, the value of debt would <u>increase</u>.

<u>Task 2:</u>

<u>Leverage ratio before borrowing:</u>

Leverage ratio = \frac{Total assets}{Capital}

Leverage ratio = \frac{200 + 800+1000}{-150}

Leverage ratio = -13.33

The leverage ratio before borrowing is - 13.33

<u>Task 3:</u>

<u>Leverage ratio after borrowing:</u>

Leverage ratio = \frac{Total assets}{Capital}

Leverage ratio = \frac{2000 + 100}{-150}

Leverage ratio = -14.00

The leverage ratio after borrowing is - 14.00

<u>Task 4:</u>

This would also bring the leverage ratio from its initial value of -13.33 to a new value of -14.00.

<u>Task 5:</u>

<u>Which of the following do bankers take into account when determining how to allocate their assets? Check all that apply.</u>

The option is<u> "b"</u>

When determining how to allocate their assets bankers take into account the reserve requirement.

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Answer and Explanation:

As per the data given in the question,

Flexible manufacturing overhead budget

Activity level :

Machine hours 2,000 hours    3,000 hours     4,000 hours

Variable costs :

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Indirect material $2.50   $5,000  $7,500         $10,000

Maintenance $0.80  $1,600     $2,400             $3,200

Utilities $0.30   $600                $900               $1,200

Total variable cost $22,600     $25,800          $34,400

Fixed costs :

Supervision             $800        $800               $800

Insurance                $200         $200              $200

Property taxes        $300         $300              $300

Depreciation           $900        $900              $900

Total Fixed cost      $2,200     $2,200          $2,200

Total Cost               $24,800   $28,000        $36,600

3 0
3 years ago
A market structure with a large number of sellers who make differentiated products is called _____.
Lubov Fominskaja [6]
The correct answer for the question that is being presented above is this one: "Monopolistic competition." A market structure with a large number of sellers who make differentiated products is called monopolistic competition. Monopolistic Competition refers to a type of imperfect competition<span> such that many producers sell products that are differentiated from one another.</span>

4 0
2 years ago
¿sí se vende mercancía en que tipo de cuenta debe registrar el IVA de dicha compra?
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Answer:

the answer is cost of buying or cost of production

la respuesta es el costo de compra o el costo de producción

Explanation:

i speak Spanish and business is pretty easy

8 0
3 years ago
On August 10,2019 ABC sells 16 mini trenchers to a farm co-op in western Minnesota. ABC provides a 4% volume discount on the min
cestrela7 [59]

Answer:

If it was likely or probable that the farm co-op would meet the benchmark and get the discount (or rebate), then the journal entry should recognize that. But since it is very doubtful that the benchmark will be met, then the journal entry should be made without considering any type of discount.  

I looked for a similar question in order to find the missing numbers:

each trencher is sold at $3,600 and costs $2,000

August 10, 2019, 16 mini trenchers sold to farm co-op

Dr Accounts receivable 57,600

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5 0
3 years ago
Which of the following is a standard control over cash disbursements? a. Checks and supporting documents should be marked "Paid"
Alchen [17]

Answer:

B. Checks should be sequentially numbered and the numerical sequence should be accounted for by the person preparing bank reconciliations

Explanation:

4 0
3 years ago
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