Quesnon 1 10 points) Bank BCOOL, has the following financial statements. The assistant accounts is asking you to help him balance the balance sheet. He thinks that he misplaced 3 accounts and one more mistake in the calculation of the Total assets and total liabilities. He is also unable to calculate the Net income. You realize that this accountant did not study at RIT Dubai and you propose to help him answer the following questions. 1) What are the exact accounts misplaced? is there any other error? explain 2) What is the correct amount of total assets? 3) You are asked to calculate the following ratios ROE, ROA, AUR, NIM, Spread and provide the bank with a short summary on where they stand compared to the median of the peers provided below. If average bank has an equity ratio (E/TA) of 11%, is BCOOL well capitalized? BCOOL (eds of satis Cadde from banks 7.300.00 Linda wity Demand deposits NOW CONS 44.600 25,573) Repurchase premesls Sarps Deposit $ Other investment socials 17.000 27,000 34,050.00 Grous Les ALL Premises 15 $ 5 Other Teach Retail CD: S 103,500.00 Reverse Repurchase 10.500.00 Debentures 9,250.00 Toallabilities 3,200.00 Common stock Paid in capital $ Retained earning Total Equity 252,000.00 Total liabilities and equitys 35,700 13,000.00 15,000 153.875 3.000 4,000 6123 15.125 169.000 Quesnon 1 10 points) Bank BCOOL, has the following financial statements. The assistant accounts is asking you to help him balance the balance sheet. He thinks that he misplaced 3 accounts and one more mistake in the calculation of the Total assets and total liabilities. He is also unable to calculate the Net income. You realize that this accountant did not study at RIT Dubai and you propose to help him answer the following questions. 1) What are the exact accounts misplaced? is there any other error? explain 2) What is the correct amount of total assets? 3) You are asked to calculate the following ratios ROE, ROA, AUR, NIM, Spread and provide the bank with a short summary on where they stand compared to the median of the peers provided below. If average bank has an equity ratio (E/TA) of 11%, is BCOOL well capitalized? BCOOL (eds of satis Cadde from banks 7.300.00 Linda wity Demand deposits NOW CONS 44.600 25,573) Repurchase premesls Sarps Deposit $ Other investment socials 17.000 27,000 34,050.00 Grous Les ALL Premises 15 $ 5 Other Teach Retail CD: S 103,500.00 Reverse Repurchase 10.500.00 Debentures 9,250.00 Toallabilities 3,200.00 Common stock Paid in capital $ Retained earning Total Equity 252,000.00 Total liabilities and equitys 35,700 13,000.00 15,000 153.875 3.000 4,000 6123 15.125 169.000
