The balance sheet of Strauss Corporation contains the following list of assets: Cash $8,500,000 - Land $4,700,000 - Buildings $1,300,000 - Other Assets $200,000. Strauss's only debt is $2,070,000 to a bank. How much will stockholder's equity change when Straus borrows $300,000 to purchase equipment?
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- You know the following information about the Davis National Bank: Total interest expenses $500.00 Total Noninterest income $100.00 Securities gains (losses) $50.00 Income taxes $80.00 Dividends to stockholders $40.00 Total interest income $800.00 Total noninterest expenses $150.00 Provision for loan losses $100.00 Given this information, what is the value of this firm's pretax net operating income?The liabilities and owners’ equity for Campbell Industries is found here. What percentage of the firm’s assets does the firm now finance using debt (liabilities)? If Campbell were to purchase a new warehouse for $1.4 million and finance it entirely with long-term debt, what would be the firm’s new debt ratio?The financial information for ABC company is: Receivables $200,000; Payables $350,000; Inventory $100,000; Non-current assets $750,000; Long-term loan $400,000. A It can be said that for the company ABC the dollar value of Shareholders' funds would be: 750,000 650,000 1,050,000 300,000
- Maymay Company trial balance has the following selected accounts: Cash (includes P100,000 in bond sinking 500,000 fund for long term bond payable) Accounts receivable 200,000 Allowance of uncollectible accounts 50,000 Deposits received from customers 30,000 Merchandise inventory 70,000 Unearned rent 10,000 Investment at fair value to profit or loss 20,000 What amount should Mumay Company report as total current assets in its statement of financial position? O 740,000 640,000 720,000 O 670,000The following information is for Rainbow National Bank: Report of Income $ Interest income 2,250.00 Interest expense 1,500.00 Total assets 45,000.00 Securities losses or gains 21.00 Earning assets 40,000.00 Total liabilities 38,000.00 Taxes paid 16.00 Shares of common stock outstanding 5,000 Noninterest income 800.00 Noninterest expense 900.00 Provision for loan losses 250.00 Please calculate: ROE --------- ROA --------- Net interest margin --------- Earnings per share --------- Net noninterest margin --------- Net operating margin --------- Alternative Scenarios: Suppose interest income, interest expenses, noninterest income, and noninterest expenses each increase by 3 percent while all other revenue and expense items shown in the preceding table remain unchanged. What will happen to Rainbow ROE,…Bank A has the following balance sheet: A ssets Reserves $50 million Liabilities Deposits $200 million Bank capital 850 million Securities $50 million Loans $150 million Bank B has the following balance sheet: A ssets Liabilities Deposits $225 million Bank capital $25 million Reserves $50 million Securities $50 million Loans $150 million 1. Both banks earn 85 million as an annual after-tax profit. Calculate ROA (return on asset) and ROE (return on equity) for both banks.
- Blossom Corporation reported the following information (in thousands) at December 31, 2021: Dividends payable Bank loan payable-current portion Bank loan payable-non-current portion Common shares Retained earnings Additional information: 1. 2. 3. 4. 2021 $ 30 230 430 620 720 2020 $ 5 230 310 440 560 The bank loan was increased by additional borrowings of $340 to partially finance the purchase of new equipment that cost $680. The bank loan was decreased by repayments. Common shares were issued during the year. None were repurchased. The company paid dividends during the year. Net income for the year was $460. Prepare the financing activities section of Blossom's statement of cash flows for the year. (Show amounts that decrease cash flow with either a - sign e.g.-15,000 or in parenthesis e.g. (15,000).) BLOSSOM CORPORATION Statement of Cash Flows (Partial) ($ in thousands)The following are the account balances for Nguyen Ltd as at 31st December 2018 Mortgage $ 210,000.00 Inventory $ 60,000.00 Owners Equity $ 360,000.00 Investments (Shares) $ 11,000.00 Plant (net) $ 61,000.00 Land and Building $ 327,629.00 Accounts Payable $ 31,000.00 Cash at Bank $ 5,000.00 Accounts Receivable $ 136,371.00 Nguyen Ltd wants budgets prepared for the next six months. The expected credit sales for the six months ending 30th June 2019 (there are no cash sales) are as follows: Estimated Sales (units) Jan Feb March April May June July Assuming poor Market 15,000.00 10,000.00 8,000.00 7,000.00 10,000.00 10,000.00 10,000.00 Accounts Receivable are collected in the following pattern: 60% of accounts are settled in the first month following the month of sale 3% discount will be available to 25% of those paying…An investment entity provided the following data for the current year: Dividend income from investments 10,000,000 Distribution income from trusts 500,000 Interest income on deposits 700,000 Income from bank treasury bills 100,000 Income from dealing in securities held for trading 600,000 Writedown on securities held for trading 150,000 Other income 250,000 Finance cost 300,000 Administrative staff costs 3,800,000 Sundry…
- 1. In the Wall Bricks, Inc.’s balance sheet lists net fixed assets as $12 million. The fixed assets could currently be sold for $10 million. Wall Bricks’ current balance sheet shows current assets of $6 million and current liabilities of $3 million. If all the current accounts were liquidated today, the company would receive $4 million cash after paying the $1 million in liabilities. What is the book value of Wall Bricks’ assets today? What is the market value of these assets? 2. Approximately (using the Rule of 72), how many years will it take to double a $3000 investment when interest rates are 4.5% per year? 3. A stock investor deposited $2,000 five years ago in a non-dividend-paying stock. Today the stock is valued at $3,077. What annual rate of return has this investor earned (use annual compounding)?Data pertaining to the current position of Lucroy Industries Inc. follow:Cash $ 800,000Marketable securities 550,000Accounts and notes receivable (net) 850,000Inventories 700,000Prepaid expenses 300,000Accounts payable 1,200,000Notes payable (short-term) 700,000Accrued expenses 100,000Instructions1. Compute (a) the working capital, (b) the current ratio, and (c) the quick ratio. Round ratios in parts b through j to one decimal place.2. List the following captions on a sheet of paper:Transaction Working Capital Current Ratio Quick RatioCompute the working capital, the current ratio, and the quick ratio after each of the…Acme Bank: Net profit after taxes = $10 million Assets = 200 ROE = 20% For the following show your calculations of how you arrived at your answer. a. Find ROA b. Find bank capital c. For each dollar of assets acquired by the bank, how much did the owners of the bank use of their own money
