1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Sever21 [200]
3 years ago
15

Banks fail when the value of bank ________ falls below the value of ________, causing the bank to become insolvent.

Business
1 answer:
frutty [35]3 years ago
3 0

Answer:

C. assets; liabilities

Explanation:

The banks assets are mostly the money that they have loaned out to other people and expect to receive at a later date. And their liabilities are mostly the deposits that their customers have placed with them. When people who owe money to the bank default, the bank has to write that down as a bad debt and because of this their assets decrease, when the assets of a bank decrease to a point that assets are less than liabilities it means that the bank wont have enough money to pay back its depositors when needed because the money that they have to receive from their debtors is less than the money that they have to pay back to their depositors and this makes the bank insolvent.

You might be interested in
Magnira Corp. is an apparel company. After a slow start, it saw a steep rise in its clientele and a remarkable increase in its p
Ierofanga [76]

Answer:

The company must create brand recognition and open new branches to access greater number of customers.

Explanation:

Ofcourse having a brand recognition means that the company is oriented towards developing its image that plays a vital role in making choices and this is only possible if its products are widely available in the market by openning new branches and offering other branches to present your products. This will lead to access of product to greater amount of public and greater the number of people will choose Magnira's products.

8 0
3 years ago
Can you breifly explain why stockholders' investment and revenues increase stockholders' equity, while dividends and expenses de
Scilla [17]
From an accounting standpoint, stockholders' investment and revenues increase the assets of the company without adding to the liabilities. Therefore according to the equation (A = L + E), equity must increase.

Similarly, issuing dividends and paying expenses pays cash out of the company, which decreases assets without changing liabilities. Therefore equity must decrease.

Another way to think of it is: what contributes to the company's profit and/or value, and what decreases these things? Well, revenues and people investing in the company are good (and therefore good for stockholders), and giving cash out and paying expenses are costs to the company (and therefore decrease value for stockholders).
5 0
3 years ago
Which of the following accounts will give you the LEAST access to your money?
AnnyKZ [126]
I would need to see the following accounts inorder to fully help.
3 0
3 years ago
Read 2 more answers
On January 1, 2018, Allgood Company purchased equipment and signed a six-year mortgagenote for $186,000 at 15%. The note will be
Ne4ueva [31]

Answer:

The correct answer is A: interest= $21048

Explanation:

An amortization schedule is a complete table of periodic loan payments, showing the amount of principal and the amount of interest that comprise each payment until the loan is paid off at the end of its term. While each periodic payment is the same amount early in the schedule, the majority of each payment is interest; later in the schedule, the majority of each payment covers the loan's principal.

Each payment is the same ($49,148), but the proportions of interest and capital pay changes. The interest proportion decreases from pay to pay.

Loan= 186000

i= 15%

n= 6 years

First pay:

i=186000*0,15=27900

amortization= 49148-27900=21248

Second pay:

i=(186000-21248)*0,15=24712

amort=49148-24712=24436

Third pay:

i=(164752-24436)*0,15=21048

amort=49148-21048=28100

While payments progress, interest decreases and amortization increases.

5 0
3 years ago
Marigold Corporation had income from continuing operations of $10,634,000 in 2020. During 2020, it disposed of its restaurant di
earnstyle [38]

Answer:

                        MARIGOLD CORPORATION

                         Income Statement (Partial)

                  For the year ended December 31, 2020  

Income from continuing operation                                   $10,634,000

Discontinued operations  

Loss from operation of discontinued         $320,700  

restaurant division(net of tax)  

Loss from disposal of restaurant division   $206,700     <u>$527,400</u>

(net of tax)

Net Income                                                                         <u>$10,106,600</u>

Earnings per share

Income from discontinuing operations  A  1.06

[10,634,000/10,000,000]

Loss from discontinued operations  B        <u>0.05</u>

[527,400/10,000,000]

Net Income A/B                                             <u>1.01</u>

7 0
3 years ago
Other questions:
  • Barcelona demands a certain level of quality and the organization is continuously raising the bar on expectations. Given this fo
    10·1 answer
  • During downsizing, the HRM function must "surgically" reduce the workforce by cutting only the workers who are less valuable in
    12·1 answer
  • An oil pump that is capable of delivering a larger amount of oil than a stock oil pump is called a:
    10·1 answer
  • An increase in the cost of producing video tape shifts the supply curve of video tape ________ and shifts the demand curve for v
    14·1 answer
  • A finance lease agreement calls for quarterly lease payments of $5,376 over a 10-year lease term, with the first payment on July
    13·1 answer
  • A coase solution to a problem of externality insures ensures that a socially efficient outcome is to:
    5·1 answer
  • Current Attempt in Progress Nash's Trading Post, LLC developed the following information about its inventories in applying the l
    8·1 answer
  • Which action would a government most likely take to reduce its<br> unemployment rate?
    14·2 answers
  • Mount Snow Inc. operates a Rocky Mountain ski resort. The company is planning its lift ticket pricing for the coming ski season.
    10·1 answer
  • The risk of employee opportunism, on behalf of agents, is exacerbated by the concept of:________
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!