The following financial information pertains to the results of Future Islamic Bank at the end of 2021 Average account balances Current accounts (Amanah) $30 million Equity Investment account holders $110 million Bank Equity $70 million Property, plant and equipment and subsidiaries $40 million Net revenue (net of expenses, generated by the above funds $20 million Banks policy states that for liquidity purposes the bank keeps the following percentages in cash of each fund to meet expected withdrawals. Current accounts SER Equity Investment account holders Bank Equity The bank's policy states that in profitable years the accounts of investment risk reserve and profit equalization reserve should be credited by a madmum of 5 and 34 respectively. The board decides on the amount transferred to these accounts at the end of each year. In 2020 the board decided to apply the maximum percentages stated in the policy. The profit sharing ratio is Bote to the clients (equity of investment account holders) Required Do not round figures in the Intermediate steps. Round your answer to the nearest cent and without commas. Your answer should be written as follow SXOXXXX What is the size of the poolttotarvestment of depositors and the bank of investment? What is the size of investment of the equity Investment accountholders? What is the share of the mudharaba profit out of the total profit of the pool? Cuculate the investments reserve Calculate profit equitation reserve? What is toe seharga profit? Celaterie pro of the cout lavestment account des The following financial information pertains to the results of Future Islamic Bank at the end of 2021 Average account balances Current accounts (Amanah) $30 million Equity Investment account holders $110 million Bank Equity $70 million Property, plant and equipment and subsidiaries $40 million Net revenue (net of expenses, generated by the above funds $20 million Banks policy states that for liquidity purposes the bank keeps the following percentages in cash of each fund to meet expected withdrawals. Current accounts SER Equity Investment account holders Bank Equity The bank's policy states that in profitable years the accounts of investment risk reserve and profit equalization reserve should be credited by a madmum of 5 and 34 respectively. The board decides on the amount transferred to these accounts at the end of each year. In 2020 the board decided to apply the maximum percentages stated in the policy. The profit sharing ratio is Bote to the clients (equity of investment account holders) Required Do not round figures in the Intermediate steps. Round your answer to the nearest cent and without commas. Your answer should be written as follow SXOXXXX What is the size of the poolttotarvestment of depositors and the bank of investment? What is the size of investment of the equity Investment accountholders? What is the share of the mudharaba profit out of the total profit of the pool? Cuculate the investments reserve Calculate profit equitation reserve? What is toe seharga profit? Celaterie pro of the cout lavestment account des
