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3 years ago

List 5 ways banks safeguard your’e money.

Business

1 answer:

liraira [26]3 years ago

7 0

Answer:

1. Throwing the money into the right place in the safechase

2. Lock the safechase

3. Putting a lot of Closed Circuit Television (CCTV) in several room

4. Putting a lot of anti-theft laser sensor inside the safechase

5. Lock the bank

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Suppose selected comparative statement data for the giant bookseller Barnes & Noble are presented here. All balance sheet da

grandymaker [24]

Answer:

Profit margin = net profit / total sales = $78 / $5,200 = 1.5%

Asset turnover = total sales / average total assets = $5,200 / ($2,990 + $3,510) = 1.6

Return on assets = net income / average total assets = $78 / $3,250 = 2.4%

Return on common stockholders’ equity = net income / average stockholders' equity = $78 / ($992 + $1,031) = 7.71%

Gross profit rate = gross profit / total sales = $1,716 / $5,200 = 33%

3 0

3 years ago

Horatio has taken out a $12,450 unsubsidized Stafford loan to pay for his four-year undergraduate education. The loan has an int

abruzzese [7]

Answer:

Explanation:

We solve by first, getting the quota Horatio pays on his loan:

$PV \div \frac{1-(1+r)^{-time} }{rate} = C\\$

PV 12,450

time: 10 yearss x 12 months per year = 120

monthly rate: 7.3% / 12 = 0.006083333

$12450 \div \frac{1-(1+0.006083333)^{-120} }{0.006083333} = C\\$

C $ 146.487

Now, we miltiply the quota by the quantity of payment ans subtract the principal to get the amount of interest paid:

quota times quantity of monthly payment: total amount paid

less principal: interest paid.

146.49 x 120 - 12,450 = 5,128,80

4 0

3 years ago

During 2017 the DLD Company had a net income of $85,000. In addition, selectedaccounts showed the following changes: Accounts Re

miv72 [106K]

Answer:

A) $84,500

Explanation:

The cash flow statement categories the company's transactions in a financial period into 3 groups; these are operating, investing and financing.

The net profit/loss, depreciation, changes in current assets (other than cash) and liabilities are considered as operating activities including income taxes.

The sale of assets, interest received, purchase of investments are examples of investing activities while the issuance of stocks, debt principal deduction (loan settlement), issuance of debt securities etc are examples of financing activities.

Hence, amount of cash provided by operating activities

= -$3,000 + $1,000 + $1,500 + $85,000

= $84,500

The increase in asset other than cash is an outflow, increase in liability is an inflow of cash. Depreciation is a non-cash item added back while increase in building and bond payable are investing and financing activities respectively.

7 0

3 years ago

Cherokee Inc. is a merchandiser that provided the following information: Number of units sold 20,000 Selling price per unit $ 30

xenn [34]

In order to find Net Income as per traditional income statement, we will first require to calculate cost of goods sold as below:

Beginning Merchandise Inventory................................................24000

Add: Purchases..................................................................................180000

Less: Ending Merchandise Inventory...........................................(44000)

Cost of Goods Sold............................................................................160000

Traditional Income Statement

Sales................................................................................................................600000

Less: Cost of Goods Sold..........................................................................(160000)

Gross Profit....................................................................................................440000

Less: Selling and Administrative Expenses

Variable Selling Expense.........................................................80000

Variable Admin Expense............................................................40000

Fixed Selling Expense.................................................................40000

Fixed Admin Expense...................................................................30000

Total .......................................................................................................................(190000)

Net Income.............................................................................................................250000

3 0

3 years ago

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in a _____ system, the distinction blurs between input, output, and the interface itself.

PSYCHO15rus [73]

User centered systems

6 0

4 years ago

Read 2 more answers