Asset

As of 2016 there total assets is $237,988,000 placing them under peer group 5. This means “insured commercial banks having assets between $100 million and $300 million, with 3 or more full service banking offices and not located in a metropolitan statistical area”(List Of Banks in Peer Group).Some financial facts that are stated on the website are “ Average assets $277,289,000, Tier One Capital: $23,787,000, Tier Two Capital: $1,407,000” (Financial…

conform with the supermarket’s good value pricing policy but not significantly lower than Katryna’s premium prices as this will result in a reduction in Katryna’s overall profit. Furthermore, in order to address the concern regarding non-current assets, Katryna should make sure she chooses a company that provides an extended warranty on the computers, or she should pay extra to have an existing warranty extended. This means that if they do break for any reason, Katryna is able to have them…

has two aspects – quantitative and qualitative. Quantitative aspect implies the quantum of current assets a firm possesses irrespective of making any difference between various types of current assets such as inventories, cash and so on. Qualitative aspect implies the quality in terms of their realization into cash considering time dimension involved in maturing different components of current assets. Profitability is the capacity of earning profits and it is most important measure of…

Conclusion None of these four parties should assume liability for Ivana’s purchase. However, if BVD Partners had been found liable, then all of Vinnie’s and Bertie’s assets would become seizable. Bernie’s assets would not be automatically seizable, but veil piercing through TMI (the partner in BVD) is quite possible. III. Pertinent Standards and Rules The relevant standard for establishing joint employer liability is respondeat superior…

creating, through financial engineering, an illiquid asset into a security. Subprime Loans are examples of illiquid assets. During the process, loans are put together as a pool, held as the collateral of securitization and then transformed into securities. The common knowledge indicated that leverage was necessarily and directly correlated with improving in returns. Nonetheless, the theories…

Transfer of Receivable with recourse Question: “Search accounting standards to determine when the sale with recourse must be shown on the balance sheet as liability and when it can be considered as a true sale and no liability need be shown.” Answer: Accounting standards to determine when the sale of receivables with recourse must be shown on the balance sheet as a liability or as a true sale actually is based on ASC 860. ASC 860 established the procedures used to determine whether the sale of…

holistic performance by quantifying the value of people. It mainly focuses on valuing human capital and maximizing the value. Accounting is majorly four things • Recording: Recording all transactions (inflows and outflows) • Classifying: total amount, assets, value etc. – preparing a ledger or trial balance • Summarizing: To find out the profits and losses, listing out incomes and expenses • Interpretation of result: comparing past and present results and deciding strategies Human Resource…

Evaluating Profitability: RATIO: Based on Fire Eaters Historical Financial Data At Virtual Lakes Store (2013-2016) 2013 2014 2015 2016 Net Profit Margin -173.58% -47.83% -10.88% 12.56% Gross Profit Margin -188.24% -15.25% 37.86% 69.76% Return on Total Assets -40.52% -35.00% -11.60% 18.35% Return on Owner's Equity -65.86% -58.55% -21.12% 38.79% Analysis: Initially the negative relation briefly shows that Fire Eaters had a greater expense compare to its income. At its most negative Net…

1. Introduction The financial statements prepared by a firm must be based on certain concept. Accounting concept is a guideline or regulation standards have been generally accepted and recognized in the processing and presentation of accounting data. The aim of concept is to ensure that financial reports were made honestly and fairly and to avoid distortion in the practice of accounting. Thus, the concept must be known to understand the accounting process. We want to discuss about meaning,…

for lending and investment purposes as the owners would be sure of the assets to buy or finance in addition to the collateral available to secure financing. This paper seeks to forecast and analyze the financial statements…