Cool Water's complete assets and liabilities are Receivable ($920), Accounts Equipment ($11,100), Accounts Payable ($4,900), Prepaid Rent ($2,000), Supplies ($525), Tools ($300). are___ Bank Loan ($2,000), and Cool Water's total liabilities
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Cool waters total liabilities are?
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- i) The dollar value of earning assetsii) The dollar value of interest-bearing liabilitiesAs loan analyst for Utrillo Bank, you have been presented the following information. Toulouse Co. Lautrec Co. Assets Cash $ 120,000 $ 320,000 Receivables 220,000 302,000 Inventories 570,000 518,000 Total current assets 910,000 1,140,000 Other assets 500,000 612,000 Total assets $1,410,000 $1,752,000 Liabilities and Stockholders' Equity Current liabilities $ 305,000 $ 350,000 Long-term liabilities 400,000 500,000 Capital stock and retained earnings 705,000 902,000 Total liabilities and stockholders' equity $1,410,000 $1,752,000 Annual sales $ 930,000 $1,500,000 Rate of gross profit on sales 30% 40% Each of these companies has requested a loan of $50,000 for 6 months with no collateral offered. Because your bank has reached its quota for loans of this type, only one of these requests is to be granted. Instructions Which of the two companies, as judged by the information given above,…As loan analyst for Waterway Bank, you have been presented the following information. Toulouse Co. Lautrec Co. Assets Cash $114,000 $328,000 Receivables 230,000 296,000 Inventories 582,000 493,000 Total current assets 926,000 1,117,000 Other assets 493,000 607,000 Total assets $1,419,000 $1,724,000 Liabilities and Stockholders' Equity Current liabilities $314,000 $340,000 Long-term liabilities 385,000 493,000 Capital stock and retained earnings 720,000 891,000 Total liabilities and stockholders' equity $1,419,000 $1,724,000 Annual sales $911,000 $1,440,000 Rate of gross profit on sales 30 % 40 % Each of these companies has requested a loan of $50,000 for 6 months with no collateral offered. Because your bank has reached its quota for loans of this type, only one of these requests is to be granted. Compute the various ratios for each company. (Round answer to 2 decimal places, e.g. 2.25.) Toulouse Co. Lautrec Co. Current ratio :1 :1 Acid-test ratio :1 :1 Accounts receivable turnover…
- Smallville Bank has the following balance sheet, rates earned on its assets, and rates paid on its liabilities. Balance Sheet (in thousands) Assets Rate Earned (%) Cash and due from banks $ 6, 400 0 Investment securities 26, 000 9 Repurchase agreements 16,000 7 Loans less allowance for losses 84,000 11 Fixed assets 14, 000 0 Other earning assets 4, 600 10 Total assets $ 151,000 Liabilities and Equity Rate Paid (%) Demand deposits $ 13,000 0 NOW accounts 73, 000 6 Retail CDs 22,000 8 Subordinated debentures 18, 000 9 Total liabilities 126,000 Common stock 14, 000 Paid - in capital surplus 3,400 Retained earnings 7,600 Total liabilities and equity $ 151, 000 If the bank earns $124,000 in noninterest income, incurs $84,000 in noninterest expenses, and pays $2,540,000 in taxes, what is its net income? (Enter your answer in dollars, not thousands of dollars.)As loan analyst for Novak Bank, you have been presented the following information. Assets Sunland Co. Carla Vista Co. Cash $225,000 $154,000 Receivables 105,000 235,000 Inventories 479,200 358,000 Total current assets 809,200 747,000 Other assets 228,000 415,000 Total assets $1,037,200 $1,162,000 Liabilities and Equity Current liabilities $238,000 $415,000 Long-term liabilities 191,000 289,000 Capital stock and retained earnings 608,200 458,000 Total liabilities and equity $1,037,200 $1,162,000 Annual sales $1,270,000 $2,280,000 Rate of gross profit on sales 35% 25% Each of these companies has requested a loan of $203,000 for 6 months with no collateral offered. Inasmuch as your bank has reached its quota for loans of this type, only one of these requests is to be granted. Compute the various ratios for each company. (Round answer to 2 decimal places, e.g. 2.25.) Current ratio Acid-test ratio Accounts receivable turnover Inventory turnover Sunland Co. :1 :1 times times Carla Vista Co.…Adobo Company assigned P 4,000,000 of accounts receivables as collateral for a P1,500,000 5% loan with a bank. The entity was also assessed by the bank a finance charge of 6% on the transaction and is paid up front. What amount should be recorded as a gain or loss on the transfer of accounts receivables?
- As loan analyst for Martinez Bank, you have been presented the following information. Toulouse Co. Lautrec Co. Assets Cash $ 114,000 $ 328,000 Receivables 230,000 296,000 Inventories 582,000 493,000 Total current assets 926,000 1,117,000 Other assets 493,000 607,000 Total assets $ 1,419,000 $ 1,724,000 Liabilities and Stockholders’ Equity Current liabilities $ 314,000 $ 340,000 Long-term liabilities 385,000 493,000 Capital stock and retained earnings 720,000 891,000 Total liabilities and stockholders’ equity $ 1,419,000 $ 1,724,000 Annual sales $ 911,000 $ 1,440,000 Rate of gross profit on sales 30 % 40 % Each of these companies has requested a loan of $ 50,000 for 6 months with no collateral offered. Because your bank has reached its quota for loans of this type, only one of these requests is to…A bank’s customer wants to exercise a $6,750,000 loan commitment. Show the balance sheet after the loan is established using purchased liquidity to fund the loan. Assets Liabilities and Equity Cash $1,550,000 Deposits $7,960,000 Loans 3,470,000 Equity 1,440,000 Securities 4,380,000 Total Assets $9,400,000 Total Liabilities and Equity $9,400,000 Please answer with excel explaination. Don't upload image.As loan analyst for Wildhorse Bank, you have been presented the following information. Toulouse Co. Lautrec Co. Assets Cash $119,000 $332,000 Receivables 226,000 298,000 Inventories 562,000 536,000 Total current assets 907,000 1,166,000 Other assets 483,000 636,000 Total assets $1,390,000 $1,802,000 Liabilities and Stockholders' Equity. Current liabilities $319,000 $350,000 Long-term liabilities 419.000 483,000 Capital stock and retained earnings 652,000 969,000 Total liabilities and stockholders' equity $1,390,000 $1,802,000 Annual sales $948,000 $1,453,000 Rate of gross profit on sales 30 % 40 % Each of these companies has requested a loan of $50,000 for 6 months with no collateral offered. Because your bank has reached its quota for loans of this type, only one of these requests is to be granted. Compute the various ratios for each company. (Round answer to 2 decimal places, eg. 2.25.) Toulouse Co. Lautrec Co. Current ratio :1 Acid-test ratio Accounts receivable turnover times times…
- The amount of Gross Loans is The following are real Iife data extracted from the Housing Bank financial statements. Use them to answer the questions. Additional Information: Accumulated Provislons for Loan Losses (end balance) 250; Number of Outstanding Shares 315,000,000 (315 MIllon) and share price JD9 (Balance Sheet (in Milion (Assets (JD Cash and Balances at Central Banks Balances at Banks and Financial institutions Deposits at Banks and Financial institutions Total Cash and Due trom Depository institutions Trading Investments Available for Sale Investments Held to Maturity Investments, Net Total Securitles 1,478 743 53 2,221 581 745 1,327 Investments in Affilates 2,369 Loans (or Credit Facilities), Net 93 Fixed Assets, Net 6. Doferred income Tax Assets Other Assets Total Asseta (Uabilitles (JD Customers Deposits Banks & Financial Institutions Deposits 71 6,090 4,430 284 Total Deposits Cash Margins 4,714 290The financial statements for First National Bank (FNB) are shown below: Balance Sheet First National Bank Assets Cash Demand deposits from other FIS Investments Federal funds sold Loans Reserve for loan losses. Premises Total assets $ 540 1,800 4,500 2,295 16,425 (2,025) 2,135 $25,670 Income Statement First National Bank. Interest income Interest expense Provision for loan losses Noninterest income Noninterest expense Taxes a. FNB's earning assets b. FNB's ROA c. FNB's asset utilization ratio d. FNB's spread $3,050 2,020 270 230 510 90 Liabilities and Equity Demand deposits Small time deposits. Jumbo CDs Federal funds purchased Equity Total liabilities/equity % % % $ 5,570 11,100 3,650 2,700 2,650 a. Calculate the dollar value of FNB's earning assets. b. Calculate FNB's ROA. (Round your answer to 2 decimal places. (e.g., 32.16)) c. Calculate FNB's asset utilization ratio. (Round your answer to 2 decimal places. (e.g., 32.16)) d. Calculate FNB's spread. (Round your answer to 2 decimal…Given below is the balance sheet for the Bank of New Providence: please need answer the general accounting question
