Answer:
Interest rate spread will be 1.25 %
Explanation:
We have given a bank is earning 6 % on its $150 million earning assets
So interest earned = 6 %
Interest paid on liabilities = 4.75 %
We have to find the bank interest rate spread
We know that bank interest rate spread is given by
Interest rate spread = interest earned - interest paid on liabilities = 6 - 4.75 = 1.25 %
So interest rate spread will be 1.25 %
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Answer:
National will prevail with regards in recovering the damages, but not for all the damages that it looks for. Overland's inability to perform quickly is a break of agreement for which National can recover damages. Although, the late delivery of pump by the Overland's, National is qualified for recover the cost of renting the pump for the five days that Overland delayed. Costs that are caused legitimately by a breach of agreement.
Answer:
False
Explanation:
As the ceiling of 40 dollar is above the equilibrium it will have no bidding It will have no impact the agents (musician offering the concerts and attendants) will not be affected for the policy.
Only when teh market equilibrium price increase as above this level it will be biddding and generate a contraction of the supply as their will not provide for 40 dollar when the market price is above this amount.
Answer:
$20,200
Explanation:
Amount in $
Net income 15,600
Increase in receivables (6,600)
Decrease in inventory 8,600
Decrease in prepaid insurance 1,600
Increase in account payable 3,600
Decrease in tax payable <u> (2,600)</u>
Net cash flows from operations <u> 20,200</u>
