Business, 27.05.2020 22:58 hectorgonzalejr333
Compute the value of the bank's capital and enter it in the balance sheet. Then answer the question that follows. Balance sheet of Main Street Bank as of January 4, 2015 Assets Liabilities Reserves $110,000 Checkable deposits $5,210,000 Securities $1,100,000 Loans $4,400,000 Bank's capital (net worth) $ Total $5,610,000 Total $5,610,000 Suppose it turns out that a borrower defaults on a $75,000 loan, and the collateral offered to get the loan is worthless. This will the loans outstanding portion of Main Street Bank's balance sheet, and it will the bank's capital to $ . In this situation, the bank is .
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Business, 22.06.2019 05:50
Match the steps for conducting an informational interview with the tasks in each step.
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Why do police officers get paid less than professional baseball players?
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Business, 22.06.2019 09:50
phillips, inc. had the following financial data for the year ended december 31, 2019. cash $ 41,000 cash equivalents 75,000 long term investments 59,000 total current liabilities 149,000 what is the cash ratio as of december 31, 2019, for phillips, inc.? (round your answer to two decimal places.)
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Business, 23.06.2019 03:20
Suppose the following items were taken from the 2017 financial statements of whispering winds corp.. (all dollars are in millions.) common stock $3,230 accumulated depreciation—equipment $3,940 prepaid rent 175 accounts payable 1,560 equipment 6,940 patents 2,270 stock investments (long-term) 670 notes payable (long-term) 780 debt investments (short-term) 1,740 retained earnings 6,175 income taxes payable 150 accounts receivable 1,740 cash 1,290 inventory 1,010 prepare a classified balance sheet in good form as of december 31, 2017. (list current assets in order of liquidity.)
Answers: 3
Compute the value of the bank's capital and enter it in the balance sheet. Then answer the question...
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