What does tangible common equity reflect? Suppose that a bank has common stock of par value $200m with retained earnings of $3m and intangible assets of $4m. What will be tangible common equity ratio if total assets are $1000m? Do it correctly with explanation
Q: Cost of equipment P1,200,000 5 years 4 years Useful life of equipment Lease term Annual rent payable…
A: Sales type lease Accounting Concept of lease accounting lessor point of view Gross Investment…
Q: Cost of equipment P1,200,000 Useful life of equipment 5 years Lease term 4 years Annual rent payable…
A: Concept of lease Accounting Sales type lease Accounting Calculation of Gross Investment in the…
Q: Based on property tax assessments, which are believed to fairly represent values involved, the…
A: Fixed assets refer to the assets which are purchased for long-term use. They have low liquidity.
Q: What will be the net change in the cash conversion cycle, assuming a 365-day year?
A: Cash conversion cycle (CCC) refers to the time period (in days) taken by a company to convert its…
Q: Use the information provided below to prepare the Cash Flow Statement of Rolex Limited for the year…
A: It is important in the business entity to prepare the Cash flow statement which can be determine the…
Q: You are evaluating the balance sheet for SophieLex’s Corporation. From the balance sheet you find…
A: Introduction;- quick ratio, also known as the acid-test ratio.it indicates that company's ability to…
Q: . Use the information below provided by Angel Baby Angel Company: Sales 8,250,000.00…
A: Solution:- 1)Calculation of Economic value added as follows under:- Economic value added gives true…
Q: Maggie’s Skunk Removal Corp.’s 2021 income statement listed net sales of $13.7 million, gross profit…
A: Solution:- 1)Calculation of the gross profit margin as follows under:- Gross profit =Gross profit /…
Q: Prepare the Statement of Changes in Equity for the year ended 28 February 2022. INFORMATION The…
A: Salary Sunny = (25000x 9) + (25000 x 110% x 3) = 307500 Raymond = (20000 x 9) + (20000x 110% x 3) =…
Q: fringe benefit tax
A: Tax deduction refers to the claims which are to be made as a reduction in the amount of taxable…
Q: Project Y requires a $345,000 investment for new machinery with a six-year life and no salvage…
A: Payback period : Payback period is calculated to determine that how much time it will take to…
Q: Company P have the following shares issued Ordinary shares $1,000,000 at 50 cents per share…
A: Dividends are the part of profits which are distributed to the shareholders of the company. It will…
Q: LO.2 & LO.3 (Cost per WA & FIFO EUP) Pylonic Mfg. produces concrete garden border sections. All…
A: Process costing is the method where the cost is allocated at each process of production of goods.
Q: Problem 21-3 (AICPA Adapted) Amaze Company reported the following information at year-end: Ordinary…
A: PROBLEM 21-3: 1. Basic earnings per share Preferred dividends = P30 per share Preferred dividends =…
Q: Net gift Philippines: Php 600,000 Net gift USA: US$ 10,000 (Exchange rate Php 45.00: US$ 1.00) Net…
A: Solution: Net Gift
Q: Robert Company purchased a new machine for P8,000,000 on January 1, 2022 for the purpose of leasing…
A: Operating Profit- The profit made by an organization from its normal business operations is referred…
Q: The income tax rate is 30%. 1. Basic earnings per share Amaze Company reported the following…
A: The following formulas are used:- EPS=Net Income-Preference DividedendWeighted Average shares…
Q: ice (LO10-5J Management of Mittel Rhein AG of Köln, Germany, would like to reduce the amount of time…
A: Computation of the above requirements are as follows:
Q: On February 1, Crown Company purchased $2,000 of merchandise, terms 2/10, n/30. Crown uses the gross…
A: Introduction: Journals: Recording of each and every business transactions in a chronological order.…
Q: l balance, additional information and adjustments given below were extracted from the records of…
A: The statement of comprehensive income as,
Q: The following financial information was provided by Anya Company: Net Income 8,255,000.00 NOPAT…
A: Formulas: Sales = Net income / Net Profit Margin Earnings before tax = Net income / (1 - tax rate)…
Q: Lyon County Bank agrees to lend the Grimwood Brick $100,000 on January 1. Grimwood Brick Company…
A: It is given that : Lyon Bank has lended Grimwood Co. a note, Value of notes payable - $100,000…
Q: Prepare the Statement of Changes in Equity tor the year ended 28 February 2022.
A: Statement of changes in equity is the statement which shows about the fluctuations which has been…
Q: As a board chair of Azuus Inc., a manufacturer of household electronic products headquartered in…
A: Dividend is that part of net profit of a company which is distributed to the shareholders as a…
Q: Given the following information, choose the cost and activity that would be used as the high data…
A: Solution... Using the High low method for finding variable cost and the fixed costs the Highest…
Q: interest on the convertible loan is allowable for a tax relief The No conversion had taken place…
A: Earnings per Share The Calculation of earning per share is important for the business entity which…
Q: Pilipe, Inc. at its current production capacity of 200,000 machine hours. At this point total…
A: A variable cost is one that fluctuates as the activity changes. In a business, "activity" is often…
Q: On January 1, 20x1, Lock Co. enters into a 4-year lease of office equipment. The rent in 20x1 is…
A: Lease is a form of contract or arrangement between two parties under which one party provides it's…
Q: Accounting Muckingjay Inc. opened in 2022. The company reported sales revenue of $486,000 and…
A: The necessary journal entry to record the Net operating loss to be carried shall be Deferred tax…
Q: Refer to the following financial information of Scholz Company: NOPAT 8.250.000.00 EBITDA…
A: Formula: Economic value added (EVA) = Net operating profit after tax - Total invested capital x WACC…
Q: Katrina Company reported the following information at the end of reporting period: 1,500,000 Bonds…
A: Earnings per share are of two types 1. Basic Earnings per Share is calculated by dividing net…
Q: assets may be used to support the Opera's programs. The Opera estimates that the present value of…
A: The answer has been mentioned below.
Q: The following errors were discovered during examination of CHARLIE Company's financial records: •…
A: 1) Wages payable is an expense for the year and it has not been recorded during the year so it over…
Q: politician who personally believes that a tax increase in inevitable may feel that to fully disclose…
A: success cannot be in what inversely proportional to the being true and honest in the actions and…
Q: The following examples briefly describe the manufacture of two different products. Which costing…
A: Introduction:- The following methods of costing used based on the product size and nature and…
Q: True or false ________4. Depreciation is regarded as a non-cash expense. ________ 5. Depreciation is…
A: 4. True. Depreciation is a non-cash expense.
Q: Sheridan Corporation had net income of $470000 and paid dividends to comman stackholders of $34780…
A: Formula: Payout ratio = ( Dividends paid / Net income ) x 100 Division of net income with Dividends…
Q: Drape Corp. would like to market a new product at a selling price of P15 per unit. Fixed costs for…
A: Contribution margin per unit = P15 x 35% = P5.25
Q: Fill in the missing amounts in each of the eight case situations below. Each case is independent of…
A: Cost volume profit analysis is the technique used by the management for decision-making. The methods…
Q: Based on the above and the results of your audit, determine the following: The adjusted balance…
A: Data for accounts receivable and allowance for bad debts as on Dec 31, 2022 is given to us. The…
Q: The cost of equipment purchased by Charleston, Inc., on January 1, 2020, is $89,000. It is estimated…
A: Depreciation is the systematic decrease in the reported value of an asset throughout its useful life…
Q: Physical Units Metho Alomar Company manufactures four products from a joint praduction process:…
A: Joint costs can be allocated among the following methods 1. Physical measure method 2. Weighted…
Q: TOPIC: Financial Statement Analysis 1. Calculate the debt ratio of a company that as an equity…
A: Here asked for multi sub part question we will solve for first three question as per guidelines. If…
Q: Problem 20-6 (IAA) On January 1, 2021, Judy Company had 200,000 P50 par value ordinary shares…
A: The earning per share means the earning of the shareholder on each share. To calculate earnings per…
Q: 28. SimplengTaksil Company produces furniture. It has four products, tables, chairs, cabinets and…
A: Contribution means the difference between the selling price and variable cost . Fixed cost remain…
Q: ABC Company sells subscriptions to a specialized directory, which is issued semi-annually and…
A: The business organization sometimes receives the advance payments for items or services that will be…
Q: Comment briefly but meaningfully on the following ratios (comparative figures are provided in…
A: Ration Analysis There are different type of Ratio which are available for the entity which can be…
Q: Define in your own words the term diversity.
A: Accounting diversity refers to variances in the recording and use of financial data; American firms…
Q: 1. a) A set of speakers regularly sells for $59.89. The speakers are c sale today for 15% off of the…
A: Note: You have not mentioned the name of the Province, hence I am assuming "Ontario" and the…
Q: True or false ________ 10. Depreciation is charged on all company’s assets. ________ 11.…
A: Depreciation is the normal wear and tear to a fixed asset that happens over a period of time through…
What does tangible common equity reflect? Suppose that a bank has common stock of par value $200m with
Do it correctly with explanation
Trending now
This is a popular solution!
Step by step
Solved in 2 steps
- The cost of equity is ________. a.equal to the amount of asset turnover b.the interest associated with debt c.the weighted average cost of capital d.the rate of return required by investors to incentivize them to invest in a companyThe cost of equity is ________. Group of answer choices A. the interest associated with debt B. the rate of return required by investors to incentivize them to invest in a company C. the weighted average cost of capital D. equal to the amount of asset turnoverMAKE UP PRINCIPLES OF ACCOUNTI.. -> ? Which of the following is a fixed asset .3 )2 نقطة( Sum of money borrowed from the bank Marketable securities Shares Fixtures Which of the following situations .4 ? represents an increase in an asset )2 نقطة( Paid cash to a customer Receipt of equity shares Receipt of cash from a customer Payment of dividend to shareholders
- The following is selected financial data from Block Industries: How much does Block Industries have in current liabilities? A. $19,800 B. $18,300 C. $12,300 D. $25,800The cost of equity is _______. A. the interest associated with debt B. the rate of return required by investors to incentivize them to invest in a company C. the weighted average cost of capital D. equal to the amount of asset turnoverIf equity equals $100,000, which of the following is true? A. Assets exceed liabilities by $100,000. B. Liabilities exceed equity by $100,000. C. . D. None of the above is true.
- Which of the following is a potential source of capital for a company to invest in long-term assets? Select one: A. Bank loans B. Net Income from past years C. Issuing additional common stock D. Issuing bonds E. All of the aboveAn analyst has calculated a ratio using as the numerator the sum of operating cash fl ow, interest, and taxes and as the denominator the amount of interest. What is this ratio, what does it measure, and what does it indicate? A . Th is ratio is an interest coverage ratio, measuring a company’s ability to meet its interest obligations and indicating a company’s solvency.Which ratio indicates the proportion of assets financed out of shareholders’ funds? (A) Debt equity ratio. (B) Fixed assets turnover ratio. (C) Proprietary ratio. (D) Total assets to debt ratio.
- Attached below is the Balance Sheet of GoodWorld Incorporated Company. Calculate the WACC for the company by using the capital Structure value from the balance sheet. Use the format below to answer your question. Capital Structure 1.Common Stock 2.Preferred Stock 3.Loans / LT debt /Bond 4.Retained Earnings Total ASSETS Current Assets Cash and Cash Equivalents Accounts Receivable Inventory Prepaid Expenses Investment Total Current Assets Amount in Balance Sheet Calculate the WACC: Balance Sheet of GoodWorld Incorporated Company Good World Incorporated Balance Sheet 31-Dec-22 Property & Equipment Land Buildings Equipment Less: Accumulated Depreciation Other Assets Intangible Assets Less: Accumulated Amortization Total Assets $'000 200,000 30,000 20,000 10,000 20,000 280,000 120,000 450,000 100,000 -30,000 40,000 -10,000 Cost 950,000 12% 10% 14% 12% Proposition LIABILITIES & SHAREHOLDERS EQUITY Current Liabilities Accounts Payable Notes Payables Accrued Expenses Deferred Revenue Total…Provide the formulas to calculate the following items from a company's financial statement: 1. Cash Position Indicator2. Liquid Securities Indicator3. Net Fed Funds and Repurchase Agreements Indicator4. Capacity Indicator5. Pledged Securities Ratio6. Hot Money Ratio7. Core Deposit Ratio8. Deposit Composition Ratio9. Loan Commitments Ratio1. Given the choices from time deposits, corporate bonds and stock, where will you invest your company's excess funds? Why? 2. Provide the two major types of Financial Instruments and explain each type briefly.