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harina [27]
3 years ago
5

Use the information presented in Northeastern Mutual Bank's balance sheet to answer the following questions.

Business
1 answer:
VikaD [51]3 years ago
8 0

Answer and Explanation:

In the case when the bank borrow $200 so it would be increase the capital account

The initial value of the leverage ratio is

= total assets ÷ total equity

= (Reserves+ loans+ securities) ÷ (owner's enquity)

= ($175 + $700 + $875) ÷ $125

= $1750 ÷ 125

= 14

Now the new value of the leverage ratio is  

= total assets ÷ total equity

= (Reserves+ loans+ securities) ÷ (owner's enquity)

= ($175 + $700 + $875 +  $200) ÷ $125 +

= $1950 ÷ $125

= 15.6

The statement i.e. true for the capital requirement is that the more the percentage of the asset the bank hold the greater the capital requirement

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Monte inherited 1,000 shares of Corporation Zero stock from his father who died on March 4, 2020. His father paid $44 per share
Marina86 [1]

Answer:

$6,000 LTCG

Explanation:

Calculation to determine the amount and character of the gain or loss that Monte recognizes

Using this formula

Recognized gain or loss =Amount realized -Basis

Let plug in the formula

Recognized gain or loss=(1,000 Shares*$54 per share)-(1,000shares*$48 per share)

Recognized gain or loss=$54,000-$48,000

Recognized gain or loss=$6,000 LTCG

Therefore the amount and character of the gain or loss that Monte recognizes is $6,000 LTCG reason been the any gain Amount on the sales of property that was inherited are often tend to be LTCG

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3 years ago
If the prices of both goods and income increase by the same percentage, what will happen to the budget line
harina [27]

Answer:

The line will stay the same as the previous one.

Explanation:

Please find the attached word file.

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4 0
3 years ago
Chill, a beverage manufacturer, offers varied versions of its products that include diet, cherry, vanilla and caffeine-free vers
STatiana [176]

Answer:

<em>A differentiated market</em>

Explanation:

<em>Whenever a business produces initiatives that cater to at least two product categories or targeted groups, a differentiated marketing strategy is applied</em>.

For instance, a retailer may encourage a purchase in at least two towns or locations that caters to people, or even a business can market a brand which appeals to women in at least two age categories.

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4 years ago
Gary has to stay late at the office to complete a project with an upcoming deadline. Furthermore, while he's working late, his b
nataly862011 [7]

Answer:

time-based

Explanation:

From the question we are informed about Gary who has to stay late at the office to complete a project with an upcoming deadline. Furthermore, while he's working late, his boss emails him to inform him that the upcoming meeting for the project has been moved to the same time as his daughter's soccer game. Now Gary cannot attend his daughter's soccer game because of the work meeting. In this case, kind of work-family conflict (WFC) Gary is experiencing is Time-based.

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3 years ago
Cambridge Co. uses the allowance method. During January 2019, Cambridge writes off a $640 customer account balance when it becom
julia-pushkina [17]

Answer:

A. not affect expenses in 2019.

Explanation:

Using the allowance method, when the amount is written off , the account receivable account is credited whereas the allowance for doubtful debts is debited

Moreover, it does not affect the income statement as there is no expenses incurred or no revenue earned is recorded

So, in this case, there is no affect on expenses account

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