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2 years ago

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

Business

1 answer:

nikitadnepr [17]2 years ago

8 0

Answer:

a. Its intended goal is to protect the interests of those who hold equity in the bank

Explanation:

Base on the scenario been described in the question, Its intended goal is to protect the interests of those who hold equity in the bank

Capital requirements are designed to ensure that banks will have sufficient capital to repay the depositors and debtors. A bank's "capital" is the difference between the total value of the bank's assets and its total deposits plus debt. That is, the bank's capital is the money that would be left over if the bank were able to liquidate all of its assets to pay off all of its depositors and debtors.

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A new children's hospital is being built in Springfield, and Friendly Corp. has publicly pledged that it will contribute $5 mill

frozen [14]

Answer:

Following are the solution to this question:

Explanation:

By IAS 1 — Annual Report presentation, 3 concepts were all first consideration, its second consistency as well as the third reporting framework related to investment based that can be define as follows:

Full accrual basis: its IAS 1 allows an organization to compile all financial reports through an accounting standards basis, with exception of working capital details. Even more cash accounting is a method to record profit or expenditure account balances when they are made.
All financial statements throughout the United States were repayment-based. Any cost will not be reported underneath the accrual system once it is accruing. It implies that recognition is irrelevant whenever a company pays cash to pay an expense.
Thus the allocation of 2 million to the year that the Pleasant Corp. was created must be listed as just an expense. As well as the remaining payment amount must be listed as expenses once it is paid. Future interventions throughout the current FY should not be published.
Also, notice the payment incoming to ensure that you will be prepared when due, but just don't join the way of supporting using the cash method. It simply reports an expense of what you are pay if you make a payment when you choose to use the cash method. Consequently, until the next date, you would not modify your reporting, which is also known as journal entries.

5 0

2 years ago

Each of two stocks, C and D, are expected to pay a dividend of $3 in the upcoming year. The expected growth rate of dividends is

Stels [109]

Answer:

Intrinsic value of Stock C is 300

Explanation:

given data

expected pay dividend = $3

growth rate of dividends = 9%

stock C require a rate of return = 10%

stock D require a rate of return = 13%

solution

we get here intrinsic value by the DDM method

intrinsic value = Upcoming Dividend ÷ ( Required rate of return - Growth rate of stock ) .................1

intrinsic value = $\frac{3}{(0.10-0.09)}$

intrinsic value = $\frac{3}{0.01}$

intrinsic value = 300

so intrinsic value of Stock C is 300

8 0

2 years ago

Worldwide quarterly sales of a brand of cell phones were approximately q = −p + 136 million phones when the wholesale price was

Gre4nikov [31]

Answer:

$51

Explanation:

Data provided:

Sales function as: ( q = −p + 136 ) million phones

here, p is price in dollars

a) supply function as: ( q = 9p - 374 ) million phones

now,

for equilibrium price, the supply should be equal to the sales

i.e

−p + 136 = 9p - 374

136 + 374 = 9p + p

10p = 510

p = $51

Hence, the equilibrium price should be $51

8 0

2 years ago

The following information is available for the first month of operations of Bahadir Company, a manufacturer of mechanical pencil

bezimeni [28]

Answer:

Part (a) Cost of goods sold

Sales $792,000

Less Gross profit $462,000

Cost of goods sold $330,000

Part (b) Finished goods inventory at the end of the month

Opening Finished Goods 0

Add Cost of goods manufactured 396,000

Available for Sale 396,000

Less Cost of goods sold 330,000

Finished goods inventory 66,000

Part (c) Direct materials cost

Opening Materials 0

Add Materials purchased 244, 200

Available for production 244, 200

Less Materials inventory, ending 33,000

Direct Materials Cost 211,200

Part (d) Direct labor cost

Total manufacturing costs for the period 455, 400

Less Direct Materials Cost 211,200

Less Indirect labor 171, 600

Less Factory depreciation 26, 400

Direct labor cost 46,200

Part (e) Work in process inventory at the end of the month

Total manufacturing costs for the period 455, 400

Less Cost of goods manufactured 396,000

Work in process inventory 59,400

Explanation:

Part (a) Cost of goods sold

Cost of goods sold = Sales Less Gross profit

Part (b) Finished goods inventory at the end of the month

Finished goods inventory = Opening Finished Goods Add Cost of goods manufactured Less Cost of goods sold

Part (c) Direct materials cost

Direct Materials Cost = Opening Materials Add Materials purchased Less Materials inventory, ending

Part (d) Direct labor cost

Direct labor cost =Total manufacturing costs for the period Less all other manufacturing costs

Part (e) Work in process inventory at the end of the month

Work in process inventory = Total manufacturing costs for the period Less Cost of goods manufactured

7 0

2 years ago

Refer to Exhibit 3-17. At a price of $16, the quantity demanded of good X is ____________ than the quantity supplied of good X,

il63 [147K]

The answer is (b) Greater,Rise ,toward

Explanation:

Refer to Exhibit 3-17. At a price of $16, the quantity demanded of good X is Greater than the quantity supplied of good X, and economists would use this information to predict that the price of good X would soon Rise .This would push the price Toward the equilibrium price

The law of Demand states that the price and the supply of the product are inversely related (i.e . ceteris Paribus).

Also an increase in the number of buyers of a particular product leads to a shift in the demand curve towards the right side

4 0

2 years ago