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3 years ago

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In universal banking model, banks: Select one: a. Have growth of loans portfolio as their main strategy b. Focus on maximizing t

heir net interest margins c. Offer wide range of financial services to their clients d. All choices are correct e. None of the choices is correct

1 answer:

GrogVix [38]3 years ago

3 0

Answer
B
Explanation

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Which country consumes the most chocolate per person?

vagabundo [1.1K]

Answer:

switzerland

Explanation:

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3 years ago

Company ABC has total liabilities of $660,000 and total equity of $342,000. The company needs to raise additional funds through

igor_vitrenko [27]

Answer:

the company can borrow maximum of $268,000

Explanation:

Given:

total liabilities = $660,000

total equity = $342,000

Total Cost of shares = 12,000 shares × $15 = $180,000

Total asset before loan = total liabilities + total equity + Cost of shares

=$660,000 + $342,000 + 180,000

= $1,182,000

Let x represent the maximum amount that the company can borrow =

(Total liabilities + x) ÷ ( Total asset before loan + x) = debt-to-asset ratio

Where debt-to-asset ratio = 0.64

So ($660,000+ x) / ($1,182,000 + x) = 0.64

Cross multiply

$660,000+ x = 0.64 ($1,182,000 + x)

$660,000+ x = 756,480 + 0.64x

x - 0.64x = $756,480 - $660,000

0.36x = $96,480

x = $268,000

the company can borrow maximum of $268,000

3 0

3 years ago

Read 2 more answers

On February IN , Marshak's investment account has a balance Of $19,800. He deposited ,200 on April I and $2,600 on May l . He wi

lesya692 [45]

The dollar-weighted annual yield for this nine-month period is -2.7%.

<u>Solution:</u>

The investment of deposit on April 1 (Feb, March = 2 months)

$\Rightarrow\frac{(9-2)}{9}\times1200=\frac{(7)}{9}\times1200$

The investment of deposit on May 1 (Feb, March, April = 3 months)

$\Rightarrow\frac{(9-3)}{9}\times1200=\frac{(6)}{9}\times1200$

Therefore, Dollar-weighted annual yield for this nine-month period,

$\Rightarrow \frac{\text{Total interest}}{\text{Total investments}}$

On plugging-in the values,

$\Rightarrow\frac{14820-(19800+1200+2600-8400}{19800+\frac{7}{9}(1200)+\frac{6}{9}(2600)-8400}=-0.027$

In percentage notation,

$-0.027=(-0.027\times100)\frac{1}{100}=-2.7\% (\because \frac{1}{100}=\%)$

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3 years ago

During the taking of its physical inventory on December 31, 2014, Barry's Bike Shop incorrectly counted its inventory as $225,51

Kryger [21]

Answer:

The inventory would be increased by $55,283 and the profit has been decreased by the same amount.

Explanation:

The reason is that the closing inventory has been increased by the difference of the correct and incorrect amount which is:

Closing inventory difference = $225,513 - $170,230 = $55,283

This will increase the closing inventory in the balance sheet and the increase in the closing inventory will decrease the cost of goods sold. The lower the cost of goods sold the greater is the profit.

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4 years ago

What do you call a specific Market group that wants, and can afford, your product

Archy [21]

Answer:

A target market I think

Explanation:

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3 years ago