Sheridan Company has recorded the following items in its financial records. Cash in bank Cash in plant expansion fund Cash on hand Highly liquid investments Petty cash Receivables from customers Stock investments $55,800 102,000 14,800 38,200 610 90,200 67,600 The highly liquid investments had maturities of 3 months or less when they were purchased. The stock investments will be sold in the next 6 to 12 months. The plant expansion project will begin in 3 years. (a) What amount should Sheridan report as "Cash and cash equivalents" on its balance sheet? Cash and cash equivalents

CLASSIFY EACH OF THE FOLLOING AS ONE OF THE FOLLOWING: a) cash b) cash equivalent c) other current asset d) noncurrent asset e) current liability  f) long-term liability   aa) perosnal check from customer bb) cash held in a fund, the fund is expected to accrue interst for three years cc) one year treasury bill purchased two months before maturity date dd) compensating balance held aginst long term debt, where funds are legally restricted from withdrawal ee) negative cash balance due to outstanding checks exceeding cahs on deposit (this is the only accout with this bank) ff) travel advance of cash to an employee for business travel gg) deposit in a money market fund with a two month maturity date hh) cash depsoited in a 5 year bank sinking fund

Swifty Corp. has decided to expand its operations. The bookkeeper recently completed the following statement of financial position in order to obtain additional funds for expansion: SWIFTY CORP.Statement of Financial PositionFor the Year Ended December 31, 2020 Current assets           Cash (net of bank overdraft of $35,000)   $ 290,000     Accounts receivable (net)     510,000     Inventory at the lower of cost and net realizable value     551,000     FV-NI investments (at cost—fair value $180,000)     150,000   Property, plant, and equipment           Buildings (net)     720,000     Equipment (net)     180,000     Land held for future use     335,000   Intangible assets           Goodwill     90,000     Investment in bonds to collect cash flows, at amortized cost     97,000     Prepaid expenses     22,000   Current liabilities           Accounts payable     225,000     Notes payable (due next year)     295,000…

a) Bank A has the following balance sheet (in millions): Assets Cash Securities Loans Total assets $70 The bank is expecting a $12 million net deposit drain. Liabilities and equity Deposits Equity Total liabilities and equity $5 10 55 $62 9 $70 ii) Show the new balance sheet if the bank uses stored liquidity management to offset the expected drain. Also, explain the effect on the size and composition of assets and liabilities.

a) Bank A has the following balance sheet (in millions): Assets Cash Securities Loans Total assets $5 10 55 $70 Liabilities and equity Deposits Equity Total liabilities and equity The bank is expecting a $12 million net deposit drain. $62 8 $70 i) Show the new balance sheet if the bank uses purchased liquidity management to offset the expected drain. Also, explain the effect on the size and composition of assets and liabilities ii) Show the new balance sheet if the bank uses stored liquidity management to offset the expected drain. Also, explain the effect on the size and composition of assets and liabilities.

Calculate: Funds management efficiency Operating efficiency ratio   What strengths and weaknesses are you able to detect in SME’s performance?

Consider the following repricing buckets: Repricing Bucket  Assets Liabilities 1 day $100,000 $240,000 1 day to 3 months $200,000 $140,000 3 to 6 months $200,000 $200,000 6 to 12 months $500,000 $160,000 1 to 5 years $150,000 $260,000 Over 5 years $50,000 $200,000 What is the change in the bank’s future net interest income if the average rate change for assets and liabilities that can be repriced within 12 months is an decrease of 1%? Round your final answer to 2 decimal places. E.g. if the final  answer  is -$3,590 , type -3,590 in the answer box. If the final answer is $3,590 , type 3,590 in the  answer box (i.e do not type the dollar sign) .

PAR Ltd is considering an investment and has determined the following:   Expected net cash flows: – Year 1   $65,967 – Year 2 $70,290 – Year 3 $135,391 – Year 4 $103,435 – Year 5 $100,998 Annual depreciation $20,660 Period of investment 5 years Initial investment $611,246 Value at end of the investment period $124,671   Calculate the Accounting Rate of Return. Express your answer in a percentage with 2 decimal places.

9. AllStarBank has the following balance sheet (in millions): Assets $ 30 90 50 Total assets $170 Cash Loans Securities Liabilities and Equity $110 40 Equity 20 Total liabilities and equity $170 Deposits Borrowed funds AllStarBank's largest customer decides to exercise a $15 million loan co ment. How will the new balance sheet appear if AllStar uses the fol liquidity risk strategies? a. Stored liquidity management. b. Purchased liquidity management. mi

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