Groupe Air uses two measures of activity, flights and passengers, in the cost formulas in its budgets and performance reports. The cost formula for plane operating costs is $36,170 per month plus $2,044 per flight plus $1 per passenger. The company expected its activity in October to be 77 flights and 227 passengers, but the actual activity was 76 flights and 232 passengers. The actual cost for plane operating costs in October was $190,500. The activity variance for plane operating costs in October would be closest to:

Your own record of all your transactions. a. check register b. account statement

Uknow what i love about i ask a dumb question it is immediately answered but when i ask a real question it take like an hour to get answered

Variable rate cd’s = $90 treasury bills = $150 discount loans = $20 treasury notes = $100 fixed rate cds = $160 money market deposit accts. = $140 savings deposits = $90 fed funds borrowing = $40 variable rate mortgage loans $140 demand deposits = $40 primary reserves = $50 fixed rate loans = $210 fed funds lending = $50 equity capital = $120 a. develop a balance sheet from the above data. be sure to divide your balance sheet into rate-sensitive assets and liabilities as we did in class and in the examples. b. perform a standard gap analysis and a duration analysis using the above data if you have a 1.15% decrease in interest rates and an average duration of assets of 5.4 years and an average duration of liabilities of 3.8 years. c. indicate if this bank will remain solvent after the valuation changes. if so, indicate the new level of equity capital after the valuation changes. if not, indicate the amount of the shortage in equity capital.