What is 5 x + 3 + 3x

How can gross interest income rise while the net interest margin remains somewhat stable for a particular bank?

Alecsey [184]

Answer:

A bank acts like an intermediary between depositors and creditors. If the market interest rates increase, gross interest income will rise, but all gross interest expense. They will charge higher rates to borrowers, but also must pay higher rates to depositors. The spread probably remains unchanged because both sides increased.

4 0

2 years ago

Vestel Corporation, a Turkish company that manufactures battery-powered tools, is considering the idea of selling its products

photoshop1234 [79]

Answer:

The given approach would be "Proxy indicators".

Explanation:

A proxy indicator would be a parameter that often used substitute throughout that would be harder to quantify individually.
This would be an ambiguous indication of either estimate which may well approximate or otherwise be indicative of such an occurrence or without the existence of either a specific measurement.

So really the answer above would be appropriate.

3 0

3 years ago

The college tuition is $15,000 a year. Instead of going to college, Ron could take a full time job that pays $20,000. His health

andrezito [222]

Answer:

the opportunity cost of attending college for one year is $33,000

Explanation:

The computation of the opportunity cost is shown below:

= Full time job + health and retirement benefits

= $20,000 + $5,000 + $8,000

= $33,000

hence, the opportunity cost of attending college for one year is $33,000

We simply added the above 3 items so that the correct value could come

And ignored the college tuition fees

4 0

2 years ago

Suppose you have $8000 in your checking account. You withdraw $500 cash from your account and hide it under your pillow for futu

kramer

Answer:

The money supply decreases by $4,500.

Explanation:

The amount of deposits is $8,000.

The required reserve ratio is 10%.

The amount of required reserve

= 10% of $8,000

= $\frac{10}{100}\times 8,000$

= $800

The amount to be loaned out

= Total deposit - Required reserves

= $8,000 - $800

= $7,200

The money supply is equal to money multiplier times the monetary base.

Money supply

= $\frac{1}{RR} \times Monetary\ base$

= $\frac{1}{0.1}\times \$ 7,200$

= $72,000

So, the money supply before withdrawal is $72,000.

After withdrawal of $500, the deposits is

= $8,000 - $500

= $7,500

The amount of required reserve

= 10% of $7,500

= $\frac{10}{100}\times 7,500$

= $750

The amount to be loaned out

= Total deposit - Required reserves

= $7,500 - $750

= $6,750

Money supply

= $\frac{1}{RR} \times Monetary\ base$

= $\frac{1}{0.1}\times \$ 6,750$

= $67,500

So, the money supply after withdrawal is $67,500.

The decrease in money supply

= $75,000 - $67,500

= $4,500

3 0

3 years ago

You have the following information for Waterway Industries for the month ended October 31, 2022. Waterway uses a periodic method

Sidana [21]

Answer:

Waterway Industries

A) The weighted-average cost is $28.527

B) Ending Inventory, cost of goods sold, gross profit:

(1) LIFO (2) FIFO (3) Average-cost

Ending Inventory: $2,660 $3,060 $2,853

Cost of goods sold: $7,895 $7,495 $7,702

Gross profit: $3,780 $4,180 $3,973

Explanation:

a) Data and Calculations:

Date Description Units Unit Cost Selling Price Total

Oct. 1 Beginning inventory 70 $26 $1,820

Oct. 9 Purchase 125 28 3,500

Oct. 11 Sale (95) 40 $3,800

Oct. 17 Purchase 95 29 2,755

Oct. 22 Sale (70) 45 3,150

Oct. 25 Purchase 80 31 2,480

Oct. 29 Sale (105) 45 4,725

Oct. 31 Ending inventory 100

Total: Goods available 370 $10,555

Goods sold 270 $11,675

Weighted-average cost = Cost of goods available/Units available

= $10,555/370 = $28.527 per unit

Periodic method:

LIFO:

Ending inventory:

Oct. 1 Beginning inventory 70 $26 $1,820

Oct. 9 Purchase 30 28 840

Total Ending inventory = 100 $2,660

Cost of goods sold = Cost of goods available - Ending inventory

= $10,555 - $2,660 = $7,895

Sales Revenue $11,675

Cost of goods sold 7,895

Gross profit $3,780

FIFO:

Ending inventory:

Oct. 17 Purchase 20 29 $580

Oct. 25 Purchase 80 31 2,480

Total Ending inventory = 100 $3,060

Cost of goods sold = Cost of goods available - Ending inventory

= $10,555 - $3,060 = $7,495

Sales Revenue $11,675

Cost of goods sold 7,495

Gross profit $4,180

Average-cost:

Ending Inventory = $2,853 ($28.527 * 100)

Cost of goods sold = Cost of goods available - Ending inventory

= $10,555 - $2,853 = $7,702

Sales Revenue $11,675

Cost of goods sold 7,702

Gross profit $3,973

7 0

2 years ago