bank of america’s provides information such as its interest expense, or the interest the bank paid depositors, and its interest income, or the interest it earned by investing deposits over a period of time. this document also states the bank’s other revenues and expenses for the time period.

Answers

Answer 1

The information such as interest expense, the interest that the bank paid depositors, interest income, etc illustrates the income statement

Income statement simply means a financial statement that shows the income and the expenditure of a company.

An income statement is also vital as it shows a business how profitable it was for a particular period. The information provided by the bank such as its interest expense, or the interest the bank paid depositors shows the income statement.

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Related Questions

Intensity pertains to the amount of effort being invested in an activity. Group startsTrue or False

Answers

Answer:

true

Explanation:

To ensure that work gets done, Jonah engages in initiating structure by assigning tasks to members of his department, creating schedules, reminding his staff to adhere to the organizational rules, and ______.

Answers

The answer is motivating everyone to do a good job by promoting organizational goals

a competitive firm’s short-run supply curve is its ________ cost curve above its ________ cost curve.

Answers

Answer:

marginal and average total

Explanation:

A competitive firm's short run supply curve is the portion of its marginal cost curve that lies above its average total cost curve.

Marla is a buyer at a major corporation. Although she is authorized to make purchasing decisions on her own, she often seeks the input of trusted colleagues before settling on a decision. What type of buying center does Marla participate in

Answers

Answer:

Consultative

Explanation:

I did this question

Tangible assets are first recorded at ______. Multiple choice question. current market value or resale value the amount of cash paid for them all costs to acquire them and prepare them for use cost minus residual (or salvage) value

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Tangible assets are first recorded at costs to acquire them for use.

Tangible assets are  fixed assets which is  referred to as the physical assets which a company/Buisness owns to carry out its daily activities in order to create profit .

They include investments, cash, inventory, vehicles, office equipment, buildings,machines, etc

Tangible assets are very important to businesses  as they

Help in business operations  to provide goods and servicesServe as collateral for loansIn case of emergency, they can generate cash

Tangible assets are first recorded in the balance sheet as costs to acquire them for use.

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the ________ step in the selling process is often stressful for salespeople, since one of the possible outcomes is that the salesperson goes away empty-handed.

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Based on marketing strategy, the Closing the sale step in the selling process is often stressful for salespeople, since one of the possible outcomes is that the salesperson goes away empty-handed.

Closing the sale step is one of the steps in the sales process that salespeople use to market their products.

Closing the sale step includes various steps such as the following:

Carrying out pre-sale research. Meeting and greet. Ask for the sale.Follow-up.

Hence, in this case, it is concluded that the correct answer is "Closing the sale."

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which general staff member directs management of all

Answers

Answer:

manager

Explanation:

answer: manager explanation:

true false Stocks, or equity securities, represent the purchase of ownership in a business corporation.

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It is true that stocks or equity securities represents the purchase of ownership in a business corporation.

Stocks is also called (equity securities) and refers to the security that represents the ownership of a fraction of the corporation.

These fraction of ownership are owned by the Shareholders who wishes to own a share of the company.

So, these shareholder are paid dividend depending on how the company performs in the accounting year.

Therefore, it is true that stocks or equity securities represents the purchase of ownership in a business corporation.

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yield management is a method used to match demand and supply capacity constrained services true false

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Answer:

variable pricing strategy

Yield management is a variable pricing strategy, based on understanding, anticipating and influencing consumer behavior in order to maximize revenue or profits from a fixed, time-limited resource (such as airline seats or hotel room reservations or advertising inventory).

Explanation:

When did Lillie allow an external company access to her credit report specifically for an auto loan? 5/10/2015 6/5/2015 12/15/2016 5/10/2017

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The question is about when Lillie allowed an external company to its credit report.

Lillie received a request by Toyota Financials for her credit report access on 5/10/2015 for an auto loan approval.

She provided the access on 5/10/2017 since the date of removal for this inquiry is 5/10/2017. There is a delay in providing access to the financials of about 2 years.

Lillie allowed access to the external company, Toyota Financial to her credit reports in order to satisfy the company about her financial position and grant her an auto loan.

The correct answer is 5/10/2017.

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If a rental space measures 40 feet by 40 feet, what would the monthly rent be per square foot if the monthly rent totals $2,000

Answers

Square feet = Length x width:

Square feet of the space = 40 x 40 = 1600 square feet

Cost per square foot = cost / area

Cost per square foot = 2000 / 1600 = $1.25 per square foot

According to the calculator, the monthly payment Demarco and Tanya should anticipate paying for principal and interest is $208. $877. $669. $1,200.

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Principal rate is the amount which is gotten after parameters like the interest which is inversely proportional to the time multiplied by the rate of the amount for a specified amount of time.

Mathematically, it is represented as Principal= Interest/Time x Rate

As a result of this, we can see that the principal rate is a part of the parameters which is used to calculate the Simple Interest of a specified amount of money for a certain amount of time.

Please note that your question is incomplete so I gave you a general overview so that you would get a better understanding of the concept.

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Answer:

C. $669

Explanation:

A corporate bond pays interest on a J/J 15 schedule. An investor purchasing these bonds on Friday, April 17, would pay accrued interest for A) 95 days. B) 92 days. C) 91 days. D) 96 days.

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The corporate bond, which pays interest on a J/J 15 schedule, means that the investor purchasing the bonds on Friday, April 17, would pay accrued interest for D) 96 days.

Each month of a corporate bond contains 30 days. If the corporate bond is for three months, then six additional days are given, making it a total of 96 days (30 x 3 (+ 6 days).

Thus, the investor's accrued interest would be for 96 days.

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a web retailer has received several negative social media reviews over the past few weeks due to missed shipments of product. which reason for why control is needed does this best demonstrate?

Answers

This situation shows that control is needed to discover irregularities and errors.

We can arrive at this answer because:

A well-established control that evaluates the functioning of a business is essential for the success of an enterprise.That's because the control allows all defective elements of any sector of the company, which may be presenting errors and irregularities, to be quickly detected.This allows these defects to be resolved and eliminated quickly, ensuring a smooth running of the project and high quality of service.

In this case, we can say that a good control system could have identified the problems with the shipments and solved the problem before the customers were dissatisfied.

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All of the brands that Miguel can easily call to mind for laundry detergents, whether he would consider buying them or not, comprise his ______ set. Multiple choice question. retrieval predetermined universal evoked

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The ability of Miguel to recall those brands of detergent is known as Retrieval set in marketing.

In marketing, the term "Retrieval set refers to series of brands that a consumer can recall from their memory whether they are making purchase or not".

Here, Miguel can easily call to his mind different brand of laundry detergents whether he is considering buying them or not.

The ability to recall those brands is known as Retrieval set in marketing.

Therefore, the Option A is correct.

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1. Which product type (coffee/ espresso/ herbal tea/ tea) yields the maximum profit in each market size(major/small)? (2 points).

Answers

Coffee is the maximum profit

When the federal reserve announces that it is increasing the federal funds rate, it is actually going to ___________.

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The federal funds rate is commonly described as the target interest rate that has been fixed by the Federal Open Market Committee (FOMC). When the federal reserve announces that it is increasing the federal funds rate, it is actually going to sell bonds on the open market until the federal funds rate rises the new target.

The target interest rate is often the rate at which commercial banks do borrow and lend their excess reserves to one other.

The FOMC often meets eight times a year so as to set the standard federal funds rate.

The Federal government announces a new federal funds rate. It takes place through buying or selling bonds to influence interest rates. fed do sells bonds, and as a result the bond prices fall and interest rates rise.

Full question below

When the federal reserve announces that it is increasing the federal funds rate, it is actually going to ___________.

A. Require that banks pay higher interest rates to each other

B. Change the law on the federal funds rate

C. Buy bonds on the open market until the federal funds rate rises to the new target

D. Sell bonds on the open market until the federal funds rate rises the new target

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To succeed in the future, marketing must ________. rely more on mass marketing become more holistic focus on free-spending be more departmental build brands through promotion rather than performance

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Based on marketing strategies, to succeed in the future, marketing must become more holistic.

What is marketing?

Marketing is the process of promoting commodities and services in a way that results in to increase in its demands. It usually involves advertisements mad marketing research.

However, to be more successful in the future of the business, it is believed that marketing should become holistic and less departmental.

This implies that marketing should be carried out by every segment or unit of the business and not left to

marketing department alone.

Hence, in this case, it is concluded that the correct answer is option B. "become more holistic."

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3. Suppose we have an investment of $10,000 that is earning 2.1% interest compounded continuously. How long would it take to triple the initial investment

Answers

It will take an approximate of 52 years to triple the initial investment.

The formula for Future value is A = Pe^(rt)

Given Information

Triple amount

Rate = 2.1%

[tex]3 = e^(.0.021t)\\ln(3) = 0.021t\\t = ln(3)/0.021\\t = 1.09861228867 / 0.021\\t = 52.314870889\\t = 52.31[/tex]

Therefore, it will take an approximate of 52 years to triple the initial investment.

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Situational variables that cause one style of leadership to be more effective than another are also called:

Answers

Answer:

leadership style and situational favorableness

Explanation:

_____ is designed to serve the needs of a specific department, such as sales, marketing, or finance.

Answers

Data mart is designed to serve the needs of a specific department, such as sales, marketing, or finance.

What is globalization in business.

Answers

Answer:

the increase in the flow of goods, services, capital, people, and ideas across international boundaries.

Why is it necessary to have a W-2 or 1099 form when using tax preparation software?

Answers

It is necessary to have these forms because they would help to report income that is gotten by a person that are not through employment.

The 1099 helps to record the amount that is earned by a person who is not employed.

The 1099 helps to calculate either the dividends that a person gets through the fact that they own stocks or the interests that they accrue from keeping their money in the bank.

The W-2 is used by employers to record the income of their employees. The W-2 also tells the employee the amount of taxes that was withheld from their pay.

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A business is having trouble keeping up with the competition. They cannot
respond to their customers like the competition. Which type of system will
likely be able to help them solve this issue?
O A. Management communication system
B. Management information system
O C. Transaction processing system
D. Decision support system

Answers

Answer:a

Explanation:

Manage communication system

Corporations distribute profits to owners through: Group of answer choices bonds. interest. taxes. dividends.

Answers

Dividends if they are talking about co owners (people who own stock and shares)

If you buy a one-year bond for $4,000 and the issuer pays you back $5,000 at the end of one year, the interest rate on the bond is

Answers

Answer:

25 percentage

Explanation:

if 4000 is equal to 100 percent what about one thousand the rate is equal to 25 percentage

Which of the following are some of the biggest perceived detriments of the performance management system?
a. Feedback that is delivered frequently.
b. Lack of fairness by managers.
c. Too much focus on pay and incentives.
d. Lack of clarity on how to improve.

Answers

The factors that are considered some of the biggest perceived detriments of the performance management system are: b. Lack of fairness by managers; c. Too much focus on pay and incentives, and; d. Lack of clarity on how to improve.

To understand this subject, we need to know what the performance management system is.

What is a Performance management system?

Performance management system refers to a series of activities that are performed by the human resource department in an organization to improve the productivity of employees. Its features are;

Provision of feedback in real-time

TrainingRewardRecognitionProgress review.

While all of these are good, certain downsides can be seen when managers are not fair, focus much on pay and incentives, and do not provide enough information on what workers can do to improve.

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When a company has both common and preferred stock, its ROE must be adjusted by ______. (Select all that apply.) Multiple select question. adding the preferred stock balance to total stockholders' equity subtracting preferred stock dividends from net income subtracting the preferred stock balance from total stockholders' equity adding the preferred stock dividends to net income

Answers

With both common and preferred stocks, the company's ROE must be adjusted by B. subtracting preferred stock dividends from net income and C. subtracting the preferred stock balance from total stockholders' equity.

ROE means Return on Equity.  It refers to the financial measure that determines the profitability of Common Stockholders' investments versus the profits due to them.

Thus, to arrive at the ROE, the preferred stock dividends must be deducted from the net income, and the resulting figure is divided by the balance of the total stockholder's equity after subtracting the preferred stock.

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If the reserve ratio is 20%, and the money supply increases by $100,000 because of open-market operations, then the Federal Reserve made a purchase of $_____ in Treasury bills.

Answers

Answer:

$20,000

Explanation:

Managers, across industries, spend about _____% of their time in verbal interaction. Group of answer choices 25 33 50 95 75

Answers

The average time which managers, across industries, spend in verbal interaction is:

E. 75%

According to the given question, we are asked to find out the average time which managers, across industries, spend in verbal interaction between themselves and other subordinates.

As a result of this, we can see that based on the research done by Deirdre Borden, they made us of qualitative method of interviews, surveys, polls, etc to come to the conclusion that the average time spent is about 75%.

Therefore, the correct answer is option E.

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