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Alexandra [31]
3 years ago
6

Blue Ridge Bank has a PM of 12 percent, an interest income to total assets ratio of 6.00 percent, and a noninterest income to as

sets ratio of 1.50 percent. Blue Ridge also has $9 in assets per dollar in equity capital. Blue Ridge's ROE is
Business
1 answer:
lakkis [162]3 years ago
5 0

Answer:

8.10 Percent

Explanation:

= 0.12 * (6% + 1.50%) * 9

= 8.10%

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2 years ago
Ivanhoe, Inc. received the following information from its pension plan trustee concerning the operation of the company's defined
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Answer:

The pension expense for 2021 = $543,500

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Note: The necessary calculations are in the table attached as a file to this solution.

4 0
3 years ago
Explain the role audit committee plays in the company​
jeka94

Answer:

The primary purpose of a company's audit committee is to provide oversight of the financial reporting process, the audit process, the company's system of internal controls and compliance with laws and regulations. ... As such, CPAs report directly to the audit committee, not management.

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7 0
3 years ago
The top management of the company asks earl to make use of a rating scale that will rate the employees' actual job behaviors. th
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What the managers are asking for steve to use is a <span>behaviorally anchored rating scale or most commonly called in the acronym as BARS. The numerical range of rating of this scale is between 5 to 9 which helps describe the type of performance incurred by the employee from poor to outstanding. This is used in the appraisal process of employees.</span>
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3 years ago
A real estate salesperson brings a buyer to a For-Sale-By-Owner transaction. The home sells for $120,000, and the seller agrees
sweet [91]

Solution:

The home sells for = $120000

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Therefore, commission = 3% of $120000 = $3600

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Thus, the amount which is received by the salesperson from the given transaction is = 65% of $3600 = $2340

Therefore, the salesperson receives $2340 amount from the said transaction.

8 0
3 years ago
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