Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Written Assignment - Financial Statement Analysis
Based on the balance sheet and income statement provided for ABC Bank below, calculate the requested analysis values.
Balance Sheet (in millions)
Assets
Liabilities and Equity
Cash and due from banks
$ 5,000
Demand deposits
$ 18,000
Investment securities
25,000
NOW accounts
46,000
Repurchase agreements
32,000
Retail CDs
12,000
Loans (adjusted for losses)
36,000
Debentures
9,000
Fixed assets
Total liabilities
$ 85,000
Other assets
5,000
Common stock
15,000
Total assets
$ 115,000
Paid-in capital
10,000
Retained earnings
Total liabilities and equity
Income Statement (in millions)
Interest on fees and loans
$ 6,000
Interest on investment securities
3,000
Interest on repurchase agreements
4,000
Interest on deposits in banks
2,000
Total interest income
$ 15,000
Interest on debentures
Total interest expense
$ 8,000
Net interest income
7,000
Provision for loan losses
Noninterest income
Noninterest expenses
1,000
Income before taxes
$ 7,000
Taxes
Net income
$ 2,000
Bayside Corporation sold 170,000 units of its product for $45 each. The variable cost per unit was $42, and Bayside's margin of safety was 80,000 units. What was the amount of Bayside's total fixed costs.
Does the company have intangible assets? If so, what are the types of intangible assets (patent, copyrights, etc.) and their amounts? What is the amount of amortization expense? What amounts on the most recent cash flow statement relate to the purcha..
Calculating Annuity Payments and Annuity Present Value of the project - Find the annual cash flow be and evaluate the present value of the savings?
During December, Western Solvent completed 41,700 units. At the end of December, there were 10,400 units in ending Work in Process that were 40 percent complete with respect to labor and overhead and 100 percent complete with respect to material. Cal..
Journalize the entry to record the amount of cash proceeds from the sale of the bonds and determine the total interest expense for 2010
What is depreciation
qsantana rey owner of business solutions realizes that she requires to start accounting for bad debts expense. consider
Deferred income tax assets are recognised only to the extent that it is probable that taxable profit will be available against which the deductible temporary differences, carried forward tax credits or tax losses can be utilised. Illustrate is thi..
Calculate the amount of purchase discounts reported by Jackson Company during 2007. Do not use decimals in your answer.
Describe what you believe to be the appropriate level of involvement of an accountant in evaluating and selecting an AIS vendor and the AIS itself and tell what are some of the contributions an accountant might offer in this process?
Issued 100,000 shares of common stock at $5 each; 1,000,000 shares are authorized at $1 par value. Issued 10,000 shares of common stock for a building and land. The building was appraised for $20,000, but the value of the land is undeterminable. The ..
Prepare, in proper form, the journal entries required to account for these transactions and during the first six months of operation, the following transactions occurred related to the stock.
Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd