Answer:
Working capital=$59,200
Current ratio= 3
:1
Explanation:
Current ratio = current assets/ current liabilities
Current ratio = 31000+ 14600+432000 =88800
Current liabilities = 22,100+7,500 = 29600
Working capital = Current asset - current liabilities
= 88800 - 29600=59200
Working capital=$59,200
Current ratio = Current asset /current liabilities
= 88800
/29600 = 3
:1
Current ratio= 3
:1
Answer:
C. Under-capitalized
Explanation:
Tier Capital/Risk-weighted assets = (90 million + 70 million)/2,017.6 million
= 7.93%;
Tier 1 Capital /Risk-weighted assets = 90 million /2,017.6 million
= 4.46%;
Tier Capital/Total assets= (90 million + 70 million)/2,522 million
= 6.34%.
The first ratio puts the bank in the undercapitalized zone.
Based on Destiny's preference for investments with the highest returns without consideration of their riskiness, he will most likely be interested in <em>A. junk bonds.</em>
- Junk bonds issued by corporate entities lack investment-grade credit ratings. They usually yield higher returns than the average bonds with good investment-grade credit ratings.
- Destiny will not be interested in municipal bonds because they do not meet his high-risk appetite. Municipal bonds do not yield high returns. They are for the risk-averse investor.
- Destiny will not be interested in corporate bonds with investment-grade credit ratings because they are more secured and less risky than junk bonds.
- Finally, savings bonds will not be attractive to Destiny, as the U.S. Treasury issues them and they remain the safest investments.
Thus, Destiny's interest will be in junk bonds because he does not mind the risks but wants the highest returns from his investments.
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Answer:
Product cost= $75
Explanation:
Giving the following information:
Variable costs per unit:
Direct materials $17
Direct labor $47
Variable manufacturing overhead $11
Under the variable costing method, the unitary product cost is calculated using the direct material, direct labor, and unitary variable overhead:
Product cost= 17 + 47 + 11= $75
B. False. More real-world, relevant and important ideas to keep in mind when shopping for shoes and clothes are the associated quality of the manufacturer, which could be a brand name. Also, of utmost importance is the overall quality of the product with relation to its cost. The size of the item is also important. Do not buy an overpriced item, that does not fit properly and is made of cheap materials that quickly break.