Using the stylized balance sheet below, please 1) finish the balance sheet, and 2) use that information to answer the following question, entering your answer in the place provided. Avg. Interest Avg. Amount Amount Interest Demand Vault Cash $577 $5,650 Deposits US Treas. Savings 4.85% 2,139 1.99% 6,622 Securities Deposits W Consumer/Bus. 6.94% 15,835 CD's 4.76% ???? Loans Mortgage 7.54% 10,410 Borrowings 4.34% 2,766 Loans Property Equipment Total Assets 740 Equity Total Liab.& ???? Equity 2,741 ???? What is the net interest margin the this bank? (Please enter the answer without the % sign - so for instance is the answer is 5.67%, then enter just 5.67)
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- TO Culate net o check if Assets equal Liabilities I cdn.student.uae.examus.n ACCT101_FEX_2021_2_Male Purpose of the Statenment of Cash Flows: 9 క్క 18 a. To calculate net income 95abe18 e18c o check if Assets equal Liabilities b. 95abe18 С. To calculate Assets turnover 95abe18ce33 d. To know where a company spends its cash abe18ce33 95a18ce33 95abe18ce33 95abe18ce33 95abe18ce33 95abe18ce33 MacBook Pro 80 F3 000 95abe1 F4 FS 48 F6 E F7 6 & DII 7 V T F9 8A 99 Cor R. IIFrom the following balance the ledgers and make the trial Balance Cash Account Date Particular Amount Date Particular Amount 1.1.2020 50000 20.1.2020 50000 5.1.2020 80000 31.1. 2020 BAL C/D ? 12.1.2020 20000 01.02.2020 BAL B/D Capital Account Date Particular Amount Date Particular Amount 1.1.2020 20000 20.1.2020 150000 5.1.2020 10000 31.1.2020 BAL C/D ? 01.02.2020 BAL B/D Purchase Account Date Particular Amount Date…Use the following information for the Quick Studies below. (Algo) [The following information applies to the questions displayed below.] Cash Accounts receivable Equipment, net Land Total assets QS 13-6 (Algo) Vertical analysis LO P2 Current Year $ 8,400 56,000 48,000 93,500 $ 205,900 Cash Accounts receivable Equipment, net Express the items in common-size percents. (Round your percentage answers to one decimal place.) Land Total assets Current Year % % % Prior Year $ 9,600 20,400 43,200 68,000 $ 141,200 % % Prior Year % % % %
- Cashbalance,beginning.....................P9 P ? P ? P? P?Add collectionsfromcustomers..... ? ? 125 ? 391Totalcash available................... 85 ? ? ? ?Less disbursements:Purchaseofinventory..................... 40 58 ? 32 ?Operatingexpenses............... ? 42 54 ? 180Equipmentpurchases................... 10 8 8 ? 36Dividends.......................... 2 2 2 2 ?Totaldisbursement.................... ? 110 ? ? ?Excess (deficiency) of cash availableOrdisbursements... ...................... (3) ? 30 ? ? Financing:Borrowings......................... ? 20 - - ?Repayments (including interest)*.. - - (?) (7) (?)Total financing......................... ? ? (?) (?) ?Cash balance, ending................... P ? P ? P ? P ? P ? *Interest will total P4, 000 for the year.Which of the following options indicate how quickly accounts receivables are converted into cash? Select one: a. Total assets turnover b. Days to collect accounts receivable c. Working capital d. Accounts receivable turnover(1) During Year 1, Hardy Merchandising Company purchased $15,000 of inventory on account. (2) Hardy sold inventory on account that cost $11,300 for $16,900. (3) Cash payments on accounts payable were $9,400. (4) There was $15,000 cash collected from accounts receivable. (5) Hardy also paid $3,500 cash for operating expenses. Assume that Hardy started the accounting period with $24,500 in both cash and common stock. Required: a. Identify the events described in the preceding paragraph and record them in a horizontal statements model like the following one. Also, in the Statement of Cash Flows column, classify the cash flows as operating activities (OA), investing activities (IA), or financing activities (FA), b. What is the balance of accounts receivable at the end of Year 1? c. What is the balance of accounts payable at the end of Year 1? d. What are the amounts of gross margin and net income for Year 1? e. Determine the amount of net cash flow from operating activities. Complete this…
- Calculate the amount of Cash if Asset is OMR 10000 Liabilities is OMR 6000 and Capital is OMR 9000 Select one: a. OMR 5000 O b. OMR 10000 O c. OMR 9000 O d. OMR 6000www.downloadslide.net 44 1 Accounting in Action Instructions (a) Show the effects of the previous transactions on the accounting equation using the following format. (a) Total assets £25,800 Equity Retained Eanings Rev. Liabilitics Assets Notes Accounts Share Accounts Date Cash + Receivable + Supplies + Equipment- Payable Payable Capital Exp. Div. . Include margin explanations for any changes in the Retained Earmings account in your analysis. (b) Prepare an income statement for the month of June. (c) Prepare a statement of financial position at June 30, 2017. (b) Net income £4,450 () Cash £8,100 P1-5A Financial statement information about four different companies is as follows. Delermine fonancial statement amounts and prepare retained earnings statement. Crosby Company Stills Company Nash Company Young Company (LO 7, 8) January 1, 2017 Assets Liabilities HK$ 900,000 HK$1,100,000 (d) 500,000 HK$1,500,000 650,000 (a) (g) HKS 750,000 450,000 1,000,000 Equity December 31, 2017 Assets…From the following information, balance the ledger Cash A/c Date Particulars Amount Date Particulars Amount 1.6.2017 CAPITAL 84000 5.6.2017 Purcahses 14600 10.6.2017 sales 9500 30.6.2017 General expenses 178 30.6.2017 Salaries 4500 30.6.17 Bal C/d ? Select one: a. 84222 OMR b. 45522 OMR c. 74222 OMR d. 94222 OMR
- Find out the company's cash ratio which has cash of P7500, cash equivalents of P26,250, accounts receivables of P4,300. Its total current liabilities are P45,000. What are cash equivalents? Exe2.1X vog /webapps/blackboard/execute/displaylearningUnit?course_id=_15367_18content_id=_1799353_18. Complete the following problem on an EXCEL spreadsheet. PA9.) Use the following excerpts from Yardley Company's financial information to prepare a statement of cash flows (indirect method) for the year 2018. 2018 Income Statement Balance Sheets $ 455,000 (221,500) Sales Cost of Goods Sold Operating Expenses, other than depreciation expense Depreciation Expense Gain on Sale of Plant Assets Net Income (24,000) 23,500 174,400 (o09'es) Dec. 31, 2018 Cash $321,450 39,750 Accounts Receivable Inventory Accounts Payable Accrued Liabilities 000'EE 00S'E Dec. 31, 2017 $133,500 yse) Accounts Receivable Inventory Accounts Payable Accrued Liabilities 00s'9E 000'SE 19,550 00z Additional information: Plant assets were sold for $40,000; book value $16,500 Dividends of $25,000 were declared and paid 73"F SunnyBoscia Corporation's balance sheet appears below: Comparative Balance Sheet Ending Balance Beginning Balance Assets: Cash and cash equivalents......................... $ 44 $ 38 Accounts receivable .................................. 82 69 Inventory ................................................... 71 69 Plant and equipment .................................. 537 500 Accumulated depreciation......................... ( 240) ( 201) Total assets................................................ $494 $475 Liabilities and stockholders’ equity: Accounts payable ...................................... $ 70 $ 60 Wages payable........................................... 24 21 Taxes payable ............................................ 19 22 Bonds payable ........................................... 226 300 Deferred taxes............................................ 19 18 Common stock........................................... 22 20 Retained earnings...................................... 114 34 Total…