Your small remodeling business has two work vehicles. one is a small passenger car used for job-site visits and for other general business purposes. the other is a heavy truck used to haul equipment. the car gets 25 miles per gallon (mpg). the truck gets 10 mpg. you want to improve gas mileage to save money, and you have enough money to upgrade one vehicle. the upgrade cost will be the same for both vehicles. an upgraded car will get 40 mpg; an upgraded truck will get 12.5 mpg. the cost of gasoline is $3.30 per gallon. calculate the annual fuel savings, in gallons, for the truck and car assuming both vehicles are driven 8,000 miles per year. (round your answers to 2 decimal places, e. g., 32.16.)

The simple interest in a loan of $200 at 10 percent interest per year is

Mark knopf is an auditor who has been asked to provide an audit and financial statement certification for a company that is going public on the new york stock exchange. knopf wants to know his personal liability if the company provides him with inaccurate or false information. which of the following sources of law will him answer that question? a. the city ordinances where the company headquarters is located. b. the state constitution of the state where the company is incorporated. c. code of federal regulations. d. all of the above

Variable rate cd’s = $90 treasury bills = $150 discount loans = $20 treasury notes = $100 fixed rate cds = $160 money market deposit accts. = $140 savings deposits = $90 fed funds borrowing = $40 variable rate mortgage loans $140 demand deposits = $40 primary reserves = $50 fixed rate loans = $210 fed funds lending = $50 equity capital = $120 a. develop a balance sheet from the above data. be sure to divide your balance sheet into rate-sensitive assets and liabilities as we did in class and in the examples. b. perform a standard gap analysis and a duration analysis using the above data if you have a 1.15% decrease in interest rates and an average duration of assets of 5.4 years and an average duration of liabilities of 3.8 years. c. indicate if this bank will remain solvent after the valuation changes. if so, indicate the new level of equity capital after the valuation changes. if not, indicate the amount of the shortage in equity capital.