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irga5000 [103]
3 years ago
13

A bank initially has $190 million in assets and $150 million in liabilities. the banks net worth (capital) is _____________ mill

ion. if the bank’s assets increase by 10% and its liabilities do not change, its capital increases by ____________ .
Business
1 answer:
ElenaW [278]3 years ago
8 0
Hi there

We know that the formula of the balance sheet is
Assets=liabilities+capital
So we want to find the amount of capital the formula is
Capital=assets-liabilities

The first answer is
Capital=190million−150million=40million...answer

The second answer
if the bank’s assets increase by 10% and its liabilities do not change
The amount of assets is
190+190×0.1=209million
And the amount of capital is
Capital=209−150=59million

capital increases by
59-40=19million. ..answer

Good luck!
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Modified multiple choice in a business letter, the inside address usually contains the addressee’s ____.
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4 years ago
Suppose a basketball player has made 392 out of 441 free throws. If the player makes the next 3 free throws, I will pay you $6.
valentinak56 [21]

Answer:

-$0.237

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The player making a single shoot is 392/441 = 0.889

That makes a percentage of 88.9%.

The probability of making the next 3 shots as 0.889 × 0.889 × 0.889 = 0.703.

The probability of him not making all of the next 3 shot is 1 - 0.703

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7 0
4 years ago
1. Why does the sushi robot make​ sense? A. It never rusts out. B. It is faster than a human. C. It replaces humans altogether.
ella [17]

Answer:

C. It replaces human altogether

Explanation:

The current global outlook and focus on robotic sciences indicates that robots have entered into our daily lives. With the emergence of artificial intelligence and IoT internet of things it is evident that fourth industrial revolution would result in replacing humans altogether in almost every profession and aspect of life.

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4 years ago
Sheridan Co. reports the following information for 2020: sales revenue $766,600, cost of goods sold $524,400, operating expenses
labwork [276]

Answer:

Explanation:

The statement of stockholder's equity comprises common stock and retained earnings. The ending balance after adjustment shown in the attached spreadsheet.  

The ending balance of retained earning = Beginning balance of retained earnings + net income - dividend paid

And, the ending balance of the common stock = Beginning balance of common stock + issued shares  

Before preparation, first, we have to compute the net income which is shown below:

Net income = Sales revenue - cost of goods sold - operating expenses

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                   = $155,900

The preparation of the statement of stockholders’ equity is presented in the spreadsheet. Kindly find the attachment below:

7 0
3 years ago
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