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belka [17]
3 years ago
11

Stealth bank holds deposits of $600 million. It holds reserves of $30 million and government bonds worth $80 million. The curren

t market value of the bank's loans is $400 million. What is the value of the bank's total liabilities?
Business
2 answers:
Nutka1998 [239]3 years ago
6 0

Answer:

$510 million

Explanation:

If Stealth bank holds deposits of $600 million but has a current market value of $400 million, It holds reserves of $30 million and government bonds worth $80 million.  

Therefore the value of the bank's total liabilities will be the fair value of the bank loans $400 million +  reserves of $30 million and government bonds worth $80 million.

Hence, the value of the bank's total liabilities is $510 million

Dvinal [7]3 years ago
3 0

Answer:

$600 million

Explanation:

Bank customers lend money to the banks by making deposits, so the bank's total liabilities are equal to their total amount of bank deposits that they hold.

Generally when we prepare a financial report, we consider bank loans as liabilities, but banks are on the other side of the fence. What we consider liabilities, they will consider assets. On the other hand, what we consider assets, e.g. checking account, CDs, etc., represent the bank's liabilities.

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Mitchell Corporation bought equipment on January 1, 2012 .The equipment cost $120,000 and had an expected salvage value of $20,0
murzikaleks [220]

Answer:

$100,000

Explanation:

Depreciable cost refers to the portion of an asset's costs that will be spread throughout the use-life of the asset. It is the amount to depreciated over the gainful life of the asset.  

Depreciable cost is calculated by subtracting salvage value from the original cost of the asset. Salvage value is also the scrap value.

Depreciable cost = asset cost - salvage value

Depreciable cost= $120,000 - $20,000

Depreciable cost =$100,000

4 0
3 years ago
A post-closing trial balance:
OLEGan [10]

Answer:

Answer is option C, i.e. is a list of all accounts and their balances after closing entries.

Explanation:

A post-closing trial balance is the third and last type of trial balance that contains a list of all the accounts that have been created and also all the balances even after the closing entry has been made. This is made after the closing entries have been made in the journal and posted to the ledger.

3 0
3 years ago
A​ company's external value delivery network consists of​ __________.
Phoenix [80]

The answer is D. A company’s external value delivery network consists of suppliers, distributors, and customers. Note that this list does not involve the internal divisions of the company nor its competitor, but only those that it corresponds with to be able to deliver their product or service.

6 0
3 years ago
For each of the following questions, indicate which financial statement would most likely be used to provide the information. Us
gulaghasi [49]

Answer:

45678

Explanation:

345678

7 0
3 years ago
Read 2 more answers
Jeff's Stereos is expanding its product offerings which includes increasing the floor inventory by $150,000, increasing accounts
Illusion [34]

Answer:

$310,000

Explanation:

The computation of the projected initial cash flow is shown below:

Project's initial cash outflow= Increased inventory + increased accounts receivable - increased debt + spending amount for the expansion of the size of the showroom

= $150,000 +  $35,000 -  $75,000 +  $200,000

= $310,000

We simply applied the above formula to find out the initial cash flow

3 0
3 years ago
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