Answer:
Increase duration of the bank assets
Explanation:
Because When the duration of assets is longer than the duration of liabilities, this allows for a the duration gap is positive. And so even if interest rates rise, assets will lose more value than liabilities, hence reducing the value of the firm's equity.
Answer:
a)A foreign subsidiary with current assets in excess of current liabilities will cause a translation gain (loss) if the local currency appreciates (depreciates).
Explanation:
Credit card bill from ABC credit have listed a number of expenses made, these needs to be posted according to the relevant accounting heads.
<h3 /><h3>What is Accounting?</h3>
Accounting is the calculation of cash, in other terms it is the study of debit and credit. The accounting teaches the treatment of different transactions, the transactions are divided in different heads, asset, expense, income, liability and capital.
T Accounts should be made as follows.
Assets
DR $1500 Computers
DR $650 Furniture
DR $334 Van Payment
Expenses
DR $420 Office Supplies
DR $250 Electric Company
DR $100 Water
DR $250 Office Supplies
Petty Expenses
DR $150 Steak House
DR $100 Fuel Stop
The expenses are distributed among the heads that they are relevant to, petty expenses only contains the payment for expenses that are immaterial in nature and amount, Asset account have the payments made for assets.
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Answer:
$26,700 excess
Explanation:
The amount of deficiency or excess can be determined only when the ending cash balance is known. The ending cash balance is the addition of the net movement in cash to the opening cash balance.
The net movement is the difference between the total receipts and the total payments or disbursement.
Total receipts for January
= $1,061,200
Total payments
= $984,500
Net movement = $1,061,200 - $984,500
= $76,700
Ending balance = $290,000 + $76,700
= $366,700
If the minimum cash requirement is $340,000
The amount of the (deficiency)/excess cash (after considering the minimum cash balance required) for January
= $366,700 - $340,000
= $26,700
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
