The value of a bank's assets is than its liabilities, the bank is said to be <u>solvent</u>
<h3>What is assets?</h3>
Any resource that a company, an organization, or an economic body owns or controls is considered an asset. It encompasses everything that has the potential to generate gains in the economy. When turned into money, assets indicate the worth of ownership.
<h3>What do you mean by solvent in accounting?</h3>
A company's capacity to fulfill its short-term and long-term financial commitments is known as its solvency. One indicator of a company's financial health is its level of solvency, which reveals whether it will be able to continue running its business into the near future. Ratio analysis is a tool investors can use to assess a company's solvency.
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Answer:
Technological substitution.
Explanation:
Technological substitution is basically the substitute to another option product of technology.
The most useful way of standardizing financial statements is to choose a _<u>base year</u>,_ and then express each item in the period under review relative to the _amounts____ in the base year.
<h3>What are comparative financial statements?</h3>
Comparative financial statements compare a particular financial statement with previous statements. Previous financial statements are presented in side-by-side columns with the latest figures. With this, investors are able to track a company's progress over some periods and compare the company's financial results and performance with its industry competitors.
Thus, financial statements can be compared using financial ratios, which express the relationships between the various items within a financial statement, or using a base year.
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Employees at printing company is the best rates on advertising, A shop that sells fine glass is Get the best rates on supplier purchases.
<h3 /><h3>What are the other situation that fix the below statements?</h3>
There are 12 places to buy yarn needed for knitting factories is Use resources wisely, two stores sell same video game at the same price is Eliminate some free services. At a sign making company the extra metal is discarted is Increase worker efficiency.
Thus, the numbering has done in above statements correctly
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Answer:
$978,306
Explanation:
The computation of the unremembered liability coupons is shown below:
= (Number of coupons issued × redeemed coupon percentage) - (processed coupons) × worth of coupon
= (841,000 coupons × 73%) - (381,000 coupons) × $4.20
= (613,930 coupons - 381,000 coupons) × $4.20
= 232,930 coupons × $4.20
= $978,306
We simply deduct the processed coupons from the redeemed coupons and then multiply it by the coupon worth
