Pure Water's complete assets and liabilities are Accounts Receivable ($800), Equipment ($10,000), Accounts Payable ($4,200), Prepaid Rent ($2,000), Supplies ($400), Loan ($1,600), Bank Tools ($300). Pure Water's total liabilities are: A. $11,600. B. $4,200. C. $5,800. D. $7,800. E. None of these. and
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Pure water's total liabilities are
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- i) The dollar value of earning assetsii) The dollar value of interest-bearing liabilitiesThe financial statements for MHM Bank (MHM) are shown below: Assets Cash and due from banks Demand deposits at other FIS Investments Federal funds sold Loans (less reserve for loan losses of 3,400) Premises Total assets Income Statement MHM Bank Interest income Interest expense Provision for loan losses Noninterest income Noninterest expense Taxes a. MHM's earning assets b. MHM's interest-bearing liabilities Balance Sheet MHM Bank $ 2,020 2,100 6,280 3,090 20,260 2,370 $36, 120 C. MHM's spread d. MHM's interest expense ratio $ 4,258 2,224 1,100 800 1,075 335 Liabilities and Equity a. Calculate the dollar value of MHM's earning assets. b. Calculate the dollar value of MHM's interest-bearing liabilities. c. Calculate MHM's spread. (Do not round intermediate calculations. Round your percentage answer to 3 decimal places. (e.g., 32.161)) d. Calculate MHM's interest expense ratio. (Round your percentage answer to 3 decimal places. (e.g., 32.161)) % % Demand deposits Small time deposits…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.)
- The 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…Provide correct AnswerAs 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.…
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- 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.Examine the balance sheet of commercial banks in the following table. Assets $ Billion % Total Liabilities and Net Worth $ Billion % Total Real assets Liabilities Equipment and premises $ 153.7 1.0 % Deposits $ 10,273.3 67.7 % Other real estate 28.9 0.2 Debt and other borrowed funds 963.0 6.3 Total real assets $ 182.6 1.2 % Federal funds and repurchase agreements 985.0 6.5 Other 912.0 6.0 Total liabilities $ 13,133.3 86.6 % Financial assets Cash $ 882.3 5.8 % Investment securities 5,032.1 33.2 Loans and leases 6,663.3 43.9 Other financial assets 1,207.2 8.0 Total financial assets $ 13,784.9 90.8 % Other assets Intangible assets $ 419.4 2.8 % Other 786.7 5.2…Examine the balance sheet of commercial banks in the tollowing tabie. Assete S Blion Total Liabilities and Net Horth SBAllion Total Liabilities Real anseta Equipment and premisen Other real estate $ 10,281.3 1,206.0 156.2 0.9 Deposita Debt and other borroved funda Federal funda and repurehase 56.0 8.9 0.4 1.0 Total real assets 225.1 1.2 1,967.0 10.7 agreements Other 1,523.0 S 15,057.3 8.3 82.0 Total liabilities Tinaneial aeta Cash 898.3 4.9 43.7 34. 1,223.2 6.? 92.1 8,032.1 6,759.3 Investment securities Loans and leaees Other finaneial asseta Total financial asseta 16,912.9 Other assets Intangible asseta other Total other asseta 421.4 2.3 1,230.1 1.4 6.7 $ 3,310. 18,368.1 100.0 Net vorth 18.0 $ 18,368.1 100.0 Total Balance sheet of FDIC-insured commercial banks and savings institutions Note: Column sums may differ from total because of rounding error. Source: Federal Deposit Insurance Corporation, www.fdic.gov, March 2016. a. What is the ratio of real assets to total assets? (Round…
