1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
ryzh [129]
3 years ago
6

Gaston Bank had interest revenues of $70 million last year and $30 million in interest expenses. About $300 million of Gaston's

$800 million in assets are rate sensitive, while $600 million of its liabilities are rate sensitive. Gaston Bank's gap is $____.
Business
1 answer:
Nezavi [6.7K]3 years ago
4 0

Answer:

The gap amounts to $200 million

Explanation:

Computing the Gap of the Gaston bank using the formula as:

Gap = Rate Sensitive Asset - Rate Sensitive Liabilities

where

Rate Sensitive Asset amounts to $800 million

Rate Sensitive Liabilities amounts to $600 million

Putting the values above in order to compute the Gaston Bank Gap as:

Gap = $800 million - $600 million

Gap = $200 million

Therefore, the Gap of the Gaston bank amounts to $200 million

You might be interested in
Assume that an economy produces only two goods, pizza and wings. Which of the following are ways to increase the maximum possibl
Effectus [21]

Answer:

A, B, and D

Explanation:

According to my research on production optimization, I can say that based on the information provided within the question all of the answers provided except for improved wing-making technology would maximize the possible number of pizzas produced. This is because each of these answers provides a method of producing more pizza in the same time frame as before.

I hope this answered your question. If you have any more questions feel free to ask away at Brainly.

8 0
3 years ago
Camm corp. has 10,000,000 common shares outstanding. its four directors are elected by cumulative voting. to elect one director,
Oksanka [162]

Answer:

2,000,001 shares

Explanation:

To solve this question, we need to use the cumulative voting formula:

X = [(S x N) / (D + 1)] + 1

  • X = minimum number of shares that must be owned  = ?
  • S = total outstanding shares  = 10,000,000
  • N = number of directors we want to elect = 1
  • D = total number of directors to be elected = 4

X = [(10,000,000 x 1) / (4 + 1)] + 1 = (10,000,000 / 5) + 1 = 2,000,001

There are two voting procedures used to elect the members of a board of directors: the straight voting method and the cumulative voting method.

  1. The straight voting method favors majority stockholders since they receive one vote per stock per open seat which means that someone that has 50% plus 1 stock can actually get all the board members elected.
  2. Cumulative voting system assigns one vote per stock for the whole election, that means that a board member could be elected with 20% plus 1 vote. This voting system favors minority shareholders since someone with 50% plus 1 vote could only get 2 members elected by himself/herself.

3 0
3 years ago
At the ________ level of an organization, functional managers focus on monitoring and controlling operational-level activities a
stellarik [79]

Answer:

A

Explanation:

Middle-level managers, or middle managers, are those in the levels below top managers. Middle managers' job titles include: General manager, Regional manager, and Divisional manager. etc.

Middle-level managers are responsible for carrying out the goals set by top management. Middle managers may also communicate upward, by offering suggestions and feedback to top managers. However, at the managerial level, of the organization, all functional managers, which are called the midlevel managers, focus on automation of the monitoring and controlling of the operational-level activities and provide information to higher levels of the organization. They in turn, they improve the organizational effectiveness.

5 0
3 years ago
One of your customers is delinquent on his accounts payable balance. youâve mutually agreed to a repayment schedule of $660 per
Ahat [919]
N=log((1−14,880×0.0106÷660)^(−1))÷log(1+0.0106)=25.9 months

5 0
3 years ago
The board of governors of the federal reserve system can increase commercial bank reserves by
Marina CMI [18]
<span>The board of governors of the federal reserve system can increase commercial bank reserves by increasing the size of its term auction facility.</span>
3 0
3 years ago
Other questions:
  • The images of darkness in sonnet 79 by pablo neruda are different from the images of darkness in his sonnet 17 because in sonnet
    12·2 answers
  • Your company issues $50,000 of one-year, 10% bonds at face value. The journal entry to record this transaction will include a de
    9·1 answer
  • About what percentage of land in the United States is privately owned by citizens, corporations and nonprofit organizations?
    11·1 answer
  • Market Indicators are employed in-
    10·1 answer
  • Consider an apple orchard owner deciding how to incentivize his fruit pickers to get them to pick more apples he should: a. ​To
    11·1 answer
  • Consider a US firm sells a gas turbine generator to a British firm; in March 201x for British pound BP 1,000,000. Payment is due
    11·1 answer
  • What is a demand relationship?
    10·1 answer
  • 3. Prepare journal entries to record the machine’s disposal under each separate situation: (a) it is sold for $22,000 cash; (b)
    5·1 answer
  • How is price and output determined undr monopolistic competition?​
    14·1 answer
  • Middleton Company uses the perpetual inventory method. The company purchased an item of inventory for $130 and sold the item to
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!