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3 years ago

Which is the correct order of entities who benefit when banks make a profit

Business

2 answers:

Kitty [74]3 years ago

7 0

D. Shareholders, companies, and the economy is the answer.

Hope it helps.

Mkey [24]3 years ago

4 0

I believe the answer is: 4. D. Shareholders, companies, and the economy

When bank make a profit, it first need to spread its dividend proportionally to the percentage of ownerships that the shareholders have. After that , the amount of profit could be used as loan for companies to expand their operation. When this happen, the amount of wealth accumulated in a country would be increase, which would positively benefit the economy as a whole.

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Monty Company expects to have a cash balance of $58,410 on January 1,

hodyreva [135]

Answer:

The ending cash balance of Jan is $ 68145 which is more than $58,410 . We get this balance after the borrowings. The cash balance is $ 18172 for February .

Explanation:

<em>Monty Company </em>

<em>Cash Budget</em>

<em> January February</em>

Beginning Cash Balance 58410 35695

Add Receipts

Collections from Customers 110330 194700

Sale of Marketable Securities 15576 0

Total Receipts 125906 194700

Total available Cash 184316 230395

Less Disbursements

Direct Materials $64,900, $97,350

Direct labor: $38,940, $58,410

Manufacturing overhead: $27,258, $32,450

Depreciation ($1,947) ( $1,947)

Selling and

Administrative expenses: $19,470, $25,960.

Total Disbursements 148,621 212,223

Excess 35,695 18172

Financing

Add Borrowings $32,450 0

Less Repayments 0 0

Ending Cash Balance 68145 18172

Receipts are added to the cash balance to get the total available cash .

Total cash disbursements are subtracted from the total available cash to find the excess amount from which the repayments are subtracted and borrowings are added to get the ending cash balance.

8 0

3 years ago

On March 25, 2021, Phillips Corporation purchased bonds of Atlas Corporation for $132 million and classified the securities as t

ValentinkaMS [17]

Answer:

An unrealized holding gain of $28 million in 2019.

Explanation:

At the financial year-end, the company have to reevaluate the investment to recognize the gain or loss.

If the fair value is higher than actual investment, the company gain and vice versa it lost.

In this scenario, the fair value adjustment = the valuation on 31st December – purchased value = $150 million - $132 million = $28 million.

Because this step is just an approach to record new valuation of investment, then it’s consider unrealized.

In short, Phillips Corporation should first update the fair value adjustment of $28 million on December 31 2021

4 0

3 years ago

The City of Mayville had total fund balance in its General Fund of $200,000 on December 31, 2019. The City of Maysville's Genera

Svetradugi [14.3K]

Answer:

$38,000

Explanation:

Based on the information given we were told that the City General Fund balance sheet for the month of December 31, 2019 shows that inventory had the amount of $28,000 while prepaid rent has the amount of $10,000 which means that the amount of money that city will report as NOSPENDABLE fund balance in their general fund on December 31,2019 will be $38,000 calculated as ($28,000+$10,000).

4 0

3 years ago

Return on shareholders' equity indicates the percent of corporate earnings for each dollar of total equity invested in the corpo

ANTONII [103]

Answer:

market value of common stock.

Explanation:

The formula for earnings-price ratio is as follow

Earnings-price ratio = Earning Per share / Market value per share

This ratio determines the percentage of earnings as compared to each dollar of equity investment.

In this ratio, the equity investment is the market value of the share.

Hence the correct option is "market value of common stock."

6 0

3 years ago

Peanut crops have been destroyed by a fungus. Consumers are substituting almond butter for peanut butter because they perceive i

vladimir2022 [97]

The prices of both peanut butter and almond butter are rising because of the demand and supply forces.

<h3>What is Demand and supply?</h3>

Demand and supply forces are the deriving forces of the market which influence the prices of the commodities. Demand refers to the willingness and ability to purchase the commodity.

Supply refers to the availability of the product and services in the market that to as per the requirement in the market. Thus both the terms are interrelated and interconnected to each other.

As per the above situation, the rise in the demand of the peanut butter is due the loss of the crop due to fungus with created shortage in the supply of the peanut in the market.

Thus people shifted to its substitute almond butter which rises the demand of the almond butter as well.

Therefore it increased the prices of the both the kinds of the butter available in the market.

Learn more about Demand and supply here:

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6 0

2 years ago