The banking crisis of 2008 is quite interesting to analyze. The factors that led to this near banking collapse are intriguing to
say the least. In this exercise you will be evaluating the factors that led up to the crisis and determining which ones could have created this scenario.
There is no simple answer to what led to the banking crisis, as there were many factors that contributed over a long period of time. Understanding the factors that led to the crisis is very important, as such an understanding will help regulators prevent similar situations in the future.
Please analyze the factors that are given to determine which ones could have potentially worked together to have created the banking crisis of 2008, and then place each factor in the category of either “Major Contributor” or “Little or No Contribution.”
1 answer:
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What’s your question? I don’t see the options...
Calculations go from year 1 to year 6, screen isn't big enough to show all calculations.
present worth is $76273.60
Answer:
Journal Entry
Date Account Titles and Explanation Debit Credit
Jan 1 Cash $511,875
Bond payable $450,000
Premium on bond payable $61,875
($450,000*13.75%)
(To record issue of bonds at premium)
Answer: ELYSE. TSA. AFP. <—- the one that has that in the first Column
Explanation:
TSA is very similar to AFP
They would need way more credit and more money to pay for it