Use the following information about a hypothetical government security dealer named j. p. groman. (market yields are in parentheses; amounts are in millions.) assets liabilities and equity cash$22 overnight repos$213 1-month t-bills (7.17%) 99 subordinated debt 3-month t-bills (7.37%) 99 7-year fixed (8.67%) 162 2-year t-notes (7.62%) 62 8-year t-notes (9.08%) 112 5-year munis (floating rate) (8.32% reset every six months) 37 equity 56 total$431 total$431

a. what is the repricing or funding gap if the planning period is 30 days

Analyzing and computing accrued warranty liability and expense waymire company sells a motor that carries a 60-day unconditional warranty against product failure. from prior years' experience, waymire estimates that 2% of units sold each period will require repair at an average cost of $100 per unit. during the current period, waymire sold 69,000 units and repaired 1,000 units. (a) how much warranty expense must waymire report in its current period income statement? (b) what warranty liability related to current period sales will waymire report on its current period-end balance sheet? (hint: remember that some units were repaired in the current period.) (c) what analysis issues must we consider with respect to reported warranty liabilities?