Miracle Bank's balance sheet is the following.AssetsReservesLoansShort-term securitiesa. 70Miracle Bank's leverage ratio isOb. 0.0857c. 8.57Miracle BankOd. 80Liabilities & Owners' Equity$600 Deposits6,400 Debt1000 Capital (owners' equity)$7,00099010

Total assets =reserves +loan +securities =$600+$6400+$1000 =$ 8000

fik's balance Assets Reserves Loans Short-term securities feet is the following. Miracle Bank Liabilities & Owners' Equity $600 Deposits 6,400 Debt 1000 Capital (owners' equity) Miracle Bank's leverage ratio is $7,000 990 10

fik's balance Assets Reserves Loans Short-term securities feet is the following. Miracle Bank Liabilities & Owners' Equity $600 Deposits 6,400 Debt 1000 Capital (owners' equity) Miracle Bank's leverage ratio is $7,000 990 10

Essentials Of Investments

11th Edition

ISBN:9781260013924

Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Chapter1: Investments: Background And Issues

Section: Chapter Questions

Problem 1PS

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Horizons plc had the following bank loans outstanding during the whole of 20X8 which form the company's general borrowings for the year: 10% loan repayable 20X9 Select one: 8% loan repayable 20Y2 a. £892,500 b. £425,000 C. £541,875 d. £305,625 Em 25 Horizons plc began construction of a qualifying asset on 1 May 20X8 and withdrew funds of £4.5 million on that date to fund construction. On 1 September 20X8 an additional £6 million was withdrawn for the same purpose. 75 Calculate the borrowing costs which can be capitalised in respect of this project for the year ended 31 December 20X8.
Sunland Company received proceeds of $533000 on 10-year, 8% bonds issued on January 1, 2019. The bonds had a face value of $500000, pay interest annually on December 31, and have a call price of 102. Sunland uses the straight-line method of amortization. What is the amount of interest Sunland must pay the bondholders in 2019? O $40800 O $42640 O $40000 O $4264
Bank B, on the other hand, makes a $105 loan at 7%, with $100 in deposits at 5% and only $10 in equity. Bank B purchases the rest of Assets as G-Bond at 5% interest rate. Bank B Loan 7% $105 G-Bond 5% ? Deposits 5% $100 Equity $10 Total Assets $? Total Equity and Deposit $110 Compute ROA of Bank B, 5.62% 7.77% 2.36% 1.45% 3.88% 8.85% 4.56% 6.12%
If $1,012,000 of 12% bonds are issued at 102 1/2, the amount of cash received from the sale is Oa. $1,037,300 O b. $1,012,000 O c. $759,000 O d. $1,133,440
Hello- Please help me to find the Total debt to equity. Thanks,
1c. Sold $80,000 of the bonds at 101 plus accrued interest of $250. DATE Debit Credit X/X
If $457,000 of 8% bonds are issued at 94, what is the amount of cash received from the sale? Select the correct answer. A. $420,440 B. $457,000 C. $429,580 D. $493,560
Required journal entries Total cash payment = 500000*10%*1/2 = $25, 000 Discount on bonds payable = (10240/64) *4 = $640 My question is the formula of the Total cash payment and Discount on bonds payable.
If $1,153,000 of 9% bonds are issued at 102 1/2, The amount of cash received from the sale is a.$1,153,000 b.$864,750 c.$1,256,770 d.$1,181,825
5. Federer Corporation issued $540,000 in bonds for $498,600. The bonds had a stated rate of 12% and pay interest quarterly. Premium on Bonds Payable Interest Income Discount on Bonds Payable Interest Expense Cash Bonds Payable PLEASE NOTE: For accounts having similar accounting treatment (DR or CR), you are to record accounts in the same order as shown in the textbook. You must enter the account names exactly as written above and all dollar amounts will be rounded to whole dollars with "$" and commas as needed (i.e. $12,345). What is the journal entry to record the issuance of the bonds? DR DR/CR ? CR What is the journal entry to record the first interest payment? (Note: Do not consider the premium or discount.) DR CR
Create T accounts for the following data Date Account name debit credit Jan 1 Cash 180000 Building 630000 Land 220000 Common stock 700000 Premium on issue of common stock 280000 Jan 1 Pre paid insurance 72000 cash 72000 Feb 1 cash 150000 3yr 4% note payable 150000 Mar 1 Cash 280000 Service revenue 280000 Jul 1 cash 485000 Discount on bond issued 15000 6% 5yr 500000 Dec 31 Interest on Bond expense 15000 cash 15000 Dec 31 Interest on note payable expense 29052 5yr 6% note payable 25000 cash 54052 Dec 31 Dividend 40000 Dividend payable 40000 Dec 31 Depreciation expense 21000 Accumulated Depreciation 21000 Dec 31 Insurance Expense 36000 prepaid insurance 36000
Bank of Charub ($ million)Assets: Liabilities and Net Worth:270 day US Treasury bills $500m 1 year Certificates of Deposit $550m2 year consumer loans Demand Deposits $750mFixed rate, 12% p.a. annually $275m 2 year Bonds $175m7 year commercial loans $350m Fixed rate, 7.5% p.a. annuallyFixed rate, 9% p.a. annually Overnight Fed Funds $350m10 year fixed rate mortgages $675mFixed rate, 6.5% p.a. monthly10 year floating rate mortgages $125m Equity $100mLIBOR+50bp, monthly roll dateNotes: The 1 year Certificates of Deposit pay 1.95% p.a. annually. The demand depositsare non-interest bearing and have a duration of zero. The 7 year commercial loans have aduration of 4.75 years. The fixed rate mortgages have a duration of 8.3 years. All valuesare market values. 5. What is the convexity of the 2 year consumer loans if they yield 6% p.a. witha coupon rate of 12% p.a. paid annually?a. 4.98b. 2.83c. 3.85d. 1.95e. 2.01

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