Business, 12.08.2020 05:01 boo3972

Use the information presented in Southwestern Mutual Bank's balance sheet to answer the following questions. Assets Liabilities and Owners' Equity
Reserves $200 Deposits $675
Loans $800 Debt $250
Securities $1,000 Capital (owners'equity) $1,075

Requried:
1. Suppose a new customer adds $100 to his account at Midwestern Mutual Bank, which the owners of the bank then use to make $100 worth of new loans.

a. This would increase the loans account and the deposits account.
b. This would also bring the leverage ratio from its initial value of to a new value of .

2. Which of the following do bankers take into account when determining how to allocate their assets? Check all that apply.

a. The size of the monetary base.
b. The total value of liabilities.
c. The reserve requirement.

Answers: 1

Show answers

Another question on Business

Business, 22.06.2019 05:30

Identify the three components of a family's culture and provide one example from your own experience

Answers: 2

Answer

Business, 22.06.2019 13:40

Salge inc. bases its manufacturing overhead budget on budgeted direct labor-hours. the variable overhead rate is $8.10 per direct labor-hour. the company's budgeted fixed manufacturing overhead is $74,730 per month, which includes depreciation of $20,670. all other fixed manufacturing overhead costs represent current cash flows. the direct labor budget indicates that 5,300 direct labor-hours will be required in september. the company recomputes its predetermined overhead rate every month. the predetermined overhead rate for september should be:

Answers: 3

Answer

Business, 22.06.2019 23:00

Doogan corporation makes a product with the following standard costs: standard quantity or hours standard price or rate direct materials 2.0 grams $ 7.00 per gram direct labor 1.6 hours $ 12.00 per hour variable overhead 1.6 hours $ 6.00 per hour the company produced 5,000 units in january using 10,340 grams of direct material and 2,320 direct labor-hours. during the month, the company purchased 10,910 grams of the direct material at $7.30 per gram. the actual direct labor rate was $12.85 per hour and the actual variable overhead rate was $5.80 per hour. the company applies variable overhead on the basis of direct labor-hours. the direct materials purchases variance is computed when the materials are purchased. the materials quantity variance for january is:

Answers: 1

Answer

Business, 23.06.2019 00:00

How did the change in textile production affect employment in spinning and weaving for adults and children?

Answers: 1

Answer

You know the right answer?

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

Questions