Calculate the balance sheet for great west bank

Assignment Help Business Management
Reference no: EM133616788

Calculate the balance sheet for the Great West bank. The balance sheet is a financial statement that tells you about a bank's health. It lists the bank's sources of funds and how they are used. It also tells you how the bank manages credit and interest rate risk. There are two parts to the exercise:

First, show what the balance sheet would look like with the following financial details:

Demand deposits - $29 million
Advances from the Bank of Canada - $1 million
Fixed Deposits - $31 million
Securities - $ 26 million
Non-mortgage Loans - $35 million
Reserves and Cash - $10.5 million
Mortgage Loans - $25 million
Borrowings - $25 million

Second, show what the balance sheet would look like if the desired reserves are 8 percent. Assume that Great Wests started operations with $6 million in capital. It then receives $100 million in chequable deposits. The bank makes a $25 million commercial loan and another $25 million in mortgages. Ignore any loan loss reserves.

Reference no: EM133616788

Questions Cloud

Evaluate the sources of finance and dividend policy : Critically evaluate the sources of finance and dividend policy of Walmart's international financial and risk management strategy,
What is two-month gold futures price that satisfies parity : What is the 2-month gold futures price that satisfies spot-futures parity? What is the 6-month E-mini S&P 500 futures price that satisfies spot-futures parity?
About professionalism and ethics for continuing education : As part of this course contains a bit about professionalism and ethics for continuing education purposes,
What is the maturity value of the investment account : Today, Thomas deposited $130,000 in a three-year, 4% investment account that compounds quarterly. What is the maturity value of the investment account?
Calculate the balance sheet for great west bank : Calculate the balance sheet for the Great West bank. The balance sheet is a financial statement that tells you about a bank's health
Watching the film all the presidents men : After watching the film, All The President's Men, what was your reaction after watching the film?
Describe effect of financing strategies on cost of capital : Describe the effect of financing strategies on the cost of capital. Identify and describe the benefits and risks of debt financing.
How did the rainbow coalition movement change over time : How did the Rainbow Coalition movement change over time?
What should marcus do next : Marcus worked to be sure the delivery went flawlessly. The customer was thrilled and sales are better than expected. What should Marcus do next

Reviews

Write a Review

Business Management Questions & Answers

  Caselet on michael porter’s value chain management

The assignment in management is a two part assignment dealing 1.Theory of function of management. 2. Operations and Controlling.

  Mountain man brewing company

Mountain Man Brewing, a family owned business where Chris Prangel, the son of the president joins. Due to increase in the preference for light beer drinkers, Chris Prangel wants to introduce light beer version in Mountain Man. An analysis into the la..

  Mountain man brewing company

Mountain Man Brewing, a family owned business where Chris Prangel, the son of the president joins. An analysis into the launch of Mountain Man Light over the present Mountain Man Lager.

  Analysis of the case using the doing ethics technique

Analysis of the case using the Doing Ethics Technique (DET). Analysis of the ethical issue(s) from the perspective of an ICT professional, using the ACS Code of  Conduct and properly relating clauses from the ACS Code of Conduct to the ethical issue.

  Affiliations and partnerships

Affiliations and partnerships are frequently used to reach a larger local audience? Which options stand to avail for the Hotel manager and what problems do these pose.

  Innovation-friendly regulations

What influence (if any) can organizations exercise to encourage ‘innovation-friendly' regulations?

  Effect of regional and corporate cultural issues

Present your findings as a group powerpoint with an audio file. In addition individually write up your own conclusions as to the effects of regional cultural issues on the corporate organisational culture of this multinational company as it conducts ..

  Structure of business plan

This assignment shows a structure of business plan. The task is to write a business plane about a Diet Shop.

  Identify the purposes of different types of organisations

Identify the purposes of different types of organisations.

  Entrepreneur case study for analysis

Entrepreneur Case Study for Analysis. Analyze Robin Wolaner's suitability to be an entrepreneur

  Forecasting and business analysis

This problem requires you to apply your cross-sectional analysis skills to a real cross-sectional data set with the goal of answering a specific research question.

  Educational instructional leadership

Prepare a major handout on the key principles of instructional leadership

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd