Dearborn Bank & Trust has the following sources of funds: 1. $250 million in capital and surplus 2. $350 million in demand deposits 3. $580 million in time and savings deposits 4. $100 million in subordinated debt What is the maximum dollar amount of real estate loans that DB&T can grant? $406 million $476 million $245 million $420 million Pervis Wholesale, Inc., holds an inventory of microwaves and ovens which it sells to retail dealers in 6 month periods. Their inventory has a current market value of $3.0 million and a book value of $3.25 million. Accounts receivable currently stands at $2.5 million, while accounts payable is at $1.25 million. The minimum and maximum range for lending on credit sales is 40% to 90% while the minimum and maximum range for lending on inventory is 30% to 80%. What is the minimum line of credit that a bank could offer Pervis? $1.4 million $2.0 million $1.9 million $2.1 million A firm submits their financial records to a bank. Upon review, the bank discovers that this firm has $500 in cash, $2,500 in accounts receivables, $1,000 in inventory, $5,000 in plant and equipment, and that their assets totaled $9,000. In addition, this bank discovered that the firm had $2,000 in current liabilities, $2,500 in long-term debt, and $4,500 in net worth. Finally, the bank noted that the firm had $20,000 in sales, $14,000 in cost of goods sold and $2,000 in net income. What is this firm's gross profit margin? 33.3% 20.0% 10.0% 30.0%