The following table shows Free Donut Bank's balance sheet. Free Donut Bank has a required reserve ratio of 20 percent and has $75 in excess reserves. Free Donut Bank's Balance Sheet Assets Reserves Cash equivalents Long-term investments $1050 Total Assets $275 Liabilities and stockholders' equity Demand Deposits Short-term borrowing Long-term debt Total Liabilities Stockholders' equity Total liabilities + Stockholders' equity Refer to the table above. What are Free Donut Bank's total assets? $200 $175 $60
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- In 2021, Bank Muscat reported the following amounts in its Balance sheet and Income Statement. Assets 1032600 OMR Liabilities 805500 OMR Interest Revenue 602300 OMR Interest Expense 404000 OMR Earning assets are 75% of Total Assets. Interest Bearing Liabilities are 80% of Total Liabilities. What is the Spread of Bank Muscat? Select one: Oa. 2.54 % Ob. 15.08 % Oc. 8.17 % Od. 27.62 %2. Mean Green Bank started its first day of operations with $10 million in capital. $100 million in checkable deposits is received. The bank issues a $30 million commercial loan and another $30 million in mortgages. The required reserves are 8%.Show the Bank’s balance sheet if the Bank purchases liabilities to offset a net deposit drain of $10 million (required reserves ratio 7%): Assets :Cash $10Traiding portfolio $15Loans $50Investment portfolio $25Liabilities and Equitites:Deposits $68Interbank loans $20Equity $12
- The T-account below represents assets and liabilities for a bank. Use the T-account to calculate the bank's loans Loans Bonds Reserves Provide your answer below: million Assets ? $18 million $5 million Liabilities + Net Worth Deposits Net Worth $12 million $13 millionThe following information relates to Basic Lid. for the year ended 31" December 2021: Net working capital RO. 1.200.000 Fixed assets to proprietor's fund ratio 0.75 Working capital turnover ratio 5 timeg Return on Equity 15% Current liabilities RO. 400.000 Long term Debts 0 You are required to calculate: Proprietor's funds Fixed Assets Current assets Net profit ratio Current ratioBelow is the Statement of Financial Position for Rafah Islamic Bank: RAFAH ISLAMIC BANK STATEMENT OF FINANCIAL POSITION FOR THE YEAR ENDED 31 DECEMBER 2020 Assets RM Non current Asset 5,670,000 Long Term Investment 654,000,000 Financing (Net) 1,244,000,000 Corporate Bond Investment 919,094,000 Commercial Securities Investment 389,543,000 Deposits in other financial institutions 487,043,700 Other current assets…
- b) The Balance Sheet for First Union Bank are shown below: Balance Sheet (in millions) Assets Cash and due from banks Investment securities Federal funds sold Net loans Premises Total iii) Total operating income Liabilities and Equity iv) Asset utilization ratio $380 Demand deposits 1,650 Small time deposits 880 Jumbo CDs 5,300 Federal funds purchased 400 Equity $8,610 Total liabilities and equity $3,000 2,200 2,550 70 790 The interest income for First Union Bank is $730 million and the noninterest income is $200 million. Calculate the following ratios and show each step of your calculation. Explain your results. $8,610Smallville Bank has the following balance sheet, rates earned on its assets, and rates paid on its liabilities. Balance Sheet (in thousands) Assets Rate Earned (%) Cash and due from banks $ 6, 400 0 Investment securities 26, 000 9 Repurchase agreements 16,000 7 Loans less allowance for losses 84,000 11 Fixed assets 14, 000 0 Other earning assets 4, 600 10 Total assets $ 151,000 Liabilities and Equity Rate Paid (%) Demand deposits $ 13,000 0 NOW accounts 73, 000 6 Retail CDs 22,000 8 Subordinated debentures 18, 000 9 Total liabilities 126,000 Common stock 14, 000 Paid - in capital surplus 3,400 Retained earnings 7,600 Total liabilities and equity $ 151, 000 If the bank earns $124,000 in noninterest income, incurs $84,000 in noninterest expenses, and pays $2,540,000 in taxes, what is its net income? (Enter your answer in dollars, not thousands of dollars.)b) The Balance Sheet for First Union Bank are shown below: Balance Sheet (in millions) Assets Cash and due from banks Investment securities Federal funds sold Net loans Premises Total Liabilities and Equity Demand deposits iv) Asset utilization ratio $380 1,650 Small time deposits 880 Jumbo CDs 5,300 Federal funds purchased 400 Equity $8,610 Total liabilities and equity $3,000 2,200 2,550 70 790 $8,610 The interest income for First Union Bank is $730 million and the noninterest income is $200 million. Calculate the following ratios and show each step of your calculation. Explain your results.
- Homestead State Bank has the following financial information. Cash Securities Investments Net Loans Net Premises and Equip. Balance Sheet Deposits Non-Deposit Borrowings" Equity Capital Total Liabilities and Equity 18.33% Total Assets 20.59% 19.70% 18.75% Homestead State Bank Information Table $50 Interest Income $600 Interest Expenses $1200 Non-Interest Income $250 "All purchased funds Use this information to calculate Homestead State Bank's ROE Non-Interest Expenses $2100 Provision for Loan Losses $970 Pre Tax Net Operating Income $800 Security Gains (Losses) $330 Taxes $2100 Net Income Income Statement $420 ($150) $50 ($110) ($60) $160 ($40) ($45) $65Consider the following data : Total interest income 520,500 Total interest expense 145,300 Non interest income 65,200 Non interest expense 45,800 Provision for loan losses 5,400 Loss on securities 2,500 Taxes 1,800 The bank efficiency ratio would be Select one: O a. 14.77% O b. 10.40% O c. -65% O d. 65%As loan analyst for Utrillo Bank, you have been presented the following information. Toulouse Co. Lautrec Co. Assets Cash $ 120,000 $ 320,000 Receivables 220,000 302,000 Inventories 570,000 518,000 Total current assets 910,000 1,140,000 Other assets 500,000 612,000 Total assets $1,410,000 $1,752,000 Liabilities and Stockholders' Equity Current liabilities $ 305,000 $ 350,000 Long-term liabilities 400,000 500,000 Capital stock and retained earnings 705,000 902,000 Total liabilities and stockholders' equity $1,410,000 $1,752,000 Annual sales $ 930,000 $1,500,000 Rate of gross profit on sales 30% 40% Each of these companies has requested a loan of $50,000 for 6 months with no collateral offered. Because your bank has reached its quota for loans of this type, only one of these requests is to be granted. Instructions Which of the two companies, as judged by the information given above,…