Answer:
$300,000
Explanation:
Data provided in the question;
Interest rate spread of the bank = 150 basis points
Earning assets funded by interest-bearing liabilities = $30 million
Now,
The new interest rate spread = 150 basis points - 50 basis points
or
The new interest rate spread = 100 bps
or
The new interest rate spread = 1%
Therefore,
the bank's new pretax net interest income will be
= $30 million × 1%
= $30,000,000 × 0.01
= $300,000
Answer:
C. The contribution is recorded as revenue with an equal amount recorded as "other financing blah blah blah report me whatever
Answer: The answer has been attached below
Explanation:
A journal entry is the act of making records of any transactions. The transactions are listed in a way that shows the company's debit and credit balances.
It should be noted that:
February 3, the journal entry was recorded in supplies account debit ($650) and the account payable credit ($650).
February 26, the journal entry was recorded in equipment account debit was ($3000 + $4000) and the cash account credit ($3000) and the account payable credit ($4000).
Further entries has been recorded in the attached document.
Answer:
Financial analysis can be understood as the process of assessing the productivity and appropriateness of firms, initiatives, finances, and other financial activities. Financial analysis is often done to determine whether or not a company is secure, stable, liquid, or lucrative enough to support a financial investment.
A weighted grading method (also known as a weighted scorecard) is a project management approach for weighting various decisions, such as prioritising project tasks, prioritising product component creation, acquiring new equipment, and so on.
