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Gladys Bank and Trust has $360 million in consumer loans with an average interest rate of 7.25 percent. The bank also has $240 million in

image text in transcribedimage text in transcribedimage text in transcribed Gladys Bank and Trust has $360 million in consumer loans with an average interest rate of 7.25 percent. The bank also has $240 million in home equity loans with an average interest rate of 5 percent. Finally, the company owns $60 million in government securities with an average rate of 3 percent. Managers at Gladys Bank and Trust estimate that next year its consumer loan portfolio will fall to $320 million and the interest rate will increase to 8.75 percent. They also estimate that its home equity loans will increase to $280 million with an average interest rate of 7 percent, and its government securities portfolio will increase to $75 million with an average rate of 6.5 percent. Requlred: Estimate the revenues for the coming year for Gladys Bank and Trust. Note: Enter your answer In thousands of dollars. Sauer Instruments manufactures a surgical tool used in cardiovascular procedures. The demand for the instrument has been strong after a competitor's instrument was deemed defective and is currently off the market. Sauer management is developing the production budget for next year. The inventory policy at Sauer is to hold two months' worth of sales, which allows them to meet fluctuations in demand. The sales budget for next year is 300,000 units, spread evenly over the year. Because of an unexpected increase in demand resulting from the competitor's withdrawal from the market, inventory at the end of this year is expected to be only 15.000 units. The capacity of the plant is 320,000 units annually. Dolson Appliances makes coffee machines for offices and homes. For next year, the production budget is 125,000 units. Beginning inventories will be 10,000 units and the desired ending inventory will be 8.000 units. Requlred: What is the sales budget for the coming year for Dolson Appliances

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