A commercial bank has the following capital funds and assets. Segregate the capital funds into Tier...
Fantastic news! We've Found the answer you've been seeking!
Question:
Transcribed Image Text:
A commercial bank has the following capital funds and assets. Segregate the capital funds into Tier I and Tier II capitals. Find out the risk-adjusted asset and risk weighted assets ratio: Capital Funds: Equity Share Capital Perpetual Non-cumulative Preference Shares Perpetual Cumulative Preference Shares (fully paid up) Statutory Reserve Capital Reserve (of which 13.5 lakhs were due to revaluation of assets and the balance due to sale of assets) Securities Premium Assets: Cash balance with RBI Balances with other banks Claims on Banks Investments in Bonds issued by other banks Investments in venture capital funds Other investments Loan and Advances: (i) Loans guaranteed by Government (ii) (iii) (iv) Advances against term deposits (v) Educational loans Other Assets: Loans guaranteed by public sector undertakings Leased assets (0) Premises, Furniture & Fixtures and other assets (ii) Intangible assets (iii) Deferred tax asset Off Balance Sheet Items: (0) Acceptances, Endorsements & letter of credit Non funded exposure to real estate (ii) (in lakhs) 29,00 8,00 5,50 13,50 45 7,00 3,50 4,75 10,25 78,00 17,00 121,00 16,10 6,20 4 15,00 12 150,55 18 0.40 203,00 19,00 A commercial bank has the following capital funds and assets. Segregate the capital funds into Tier I and Tier II capitals. Find out the risk-adjusted asset and risk weighted assets ratio: Capital Funds: Equity Share Capital Perpetual Non-cumulative Preference Shares Perpetual Cumulative Preference Shares (fully paid up) Statutory Reserve Capital Reserve (of which 13.5 lakhs were due to revaluation of assets and the balance due to sale of assets) Securities Premium Assets: Cash balance with RBI Balances with other banks Claims on Banks Investments in Bonds issued by other banks Investments in venture capital funds Other investments Loan and Advances: (i) Loans guaranteed by Government (ii) (iii) (iv) Advances against term deposits (v) Educational loans Other Assets: Loans guaranteed by public sector undertakings Leased assets (0) Premises, Furniture & Fixtures and other assets (ii) Intangible assets (iii) Deferred tax asset Off Balance Sheet Items: (0) Acceptances, Endorsements & letter of credit Non funded exposure to real estate (ii) (in lakhs) 29,00 8,00 5,50 13,50 45 7,00 3,50 4,75 10,25 78,00 17,00 121,00 16,10 6,20 4 15,00 12 150,55 18 0.40 203,00 19,00
Expert Answer:
Answer rating: 100% (QA)
Capital Funds Equity Share Capital Perpetual Noncumu... View the full answer
Related Book For
Accounting concepts and applications
ISBN: 978-0538745482
11th Edition
Authors: Albrecht Stice, Stice Swain
Posted Date:
Students also viewed these general management questions
-
Below is information related to UMPI Pro Shops purchases of golf balls during April During the same month 1050 golf balls were sold UMPI Pro Shop uses the periodic inventory system Units Unit Cost...
-
Ivnohe Skateboards is considering building a new plant. Gary AI-sinhg, the companys marketing manager, is an enthusiastic supporter of the new plant. Debra smith, the companys chief financial...
-
The total cost of materials, labor, and overhead assigned to a job was $603. Busch Company transferred this job to its finished goods warehouse. Make the necessary journal entry to record this...
-
I currently have to complete an assignment on normalization anddenormalization, but I'm lost and don't know hat to do! General Instructions You must answer the following questions and create a...
-
Suppose a relationship between two variables is found to be statistically significant. Explain whether each of the following is true in that case: a. There is definitely a relationship between the...
-
Determine the potential energy of the system at an arbitrary instant for the systems of Figure P7.20. Put the potential energy in a quadratic form. Use the quadratic form to determine the stiffness...
-
The document that identifies and explains all differences between the companys record of cash and the banks record of that cash is the a. bank reconciliation. b. bank collection. C. bank statement....
-
The Sea Wharf Restaurant would like to determine the best way to allocate a monthly advertising budget of $1000 between newspaper advertising and radio advertising. Management decided that at least...
-
Show a composite shape that you could divide up multiple ways to find its area. Illustrate at 3 different ways to divide it up and label the dimensions of each division
-
The comparative balance sheet of Iglesias Inc. for December 31, 20Y3 and 20Y2, is as follows: Additional data obtained from an examination of the accounts in the ledger for 20Y3 are as follows: a....
-
Sheridan Manufacturing is a small manufacturer that uses machine hours as its activity base for assigned overhead costs to jobs. The company estimated the following amounts for 2022 for the company...
-
The records of Tillman Corporation's initial and unaudited accounts show the following ending inventory balances, which must be adjusted to actual costs: Units Unaudited Costs Work - in - process...
-
Ted owns a 60% interest in Alpha Partnership and a 55% interest in Beta Partnership. In August 2023, Alpha sold land to Beta for $85,000. The land had a basis to Alpha of $100,000. In September 2023,...
-
Corporation has ROE of 19%. Company payout ratio of 37% on earnings per share of $11.67. The company paid a dividend yesterday. The discount rate for a firm of RX's risk level is 22%. What is the...
-
Are ASPE 1506 and IAS 8 similar. What are the differences? Explain.
-
Quick Write 10. Based on what you have read in this section about shifts in the demand curve, write a short essay answering the following questions: How did your demand for a product change based on...
-
Crackling Fried Chicken bought equipment on January 2, 2025, for $15,000. The equipment was expected to remain in service for four years and to operate for 2,400 hours. At the end of the equipment's...
-
In Exercises delete part of the domain so that the function that remains is one-to-one. Find the inverse function of the remaining function and give the domain of the inverse function. f(x) = 16x4 -3...
-
Locate the 2009 Form 10-K for Wal-Mart in Appendix A and consider the following questions: 1. Examine Wal-Marts balance sheet as of January 31, 2009. What percent of the increase in Wal-Marts total...
-
Amity Construction Company registered $100,000 of 6% bonds on July 1, 2012. The maturity date of the bonds is January 1, 2022. Interest is payable January 1 and July 1. The bonds were sold at 105.7...
-
Which one of the following statements is true with respect to Lily Ice Cream Company? a. The original traditional overhead allocation system ignored the impact of spoiled goods on the calculation of...
-
Prior to beginning interim work on a recurring audit, an auditor makes a preliminary judgment about materiality. Which of the following would not be an appropriate base for this decision? a....
-
Which of the following procedures would an auditor most likely perform in planning a financial statement audit? a. Inquiring of the client's legal counsel concerning pending litigation. b. Comparing...
-
In designing written audit programs, an auditor should establish specific audit objectives that relate primarily to the a. Timing of audit procedures. b. Cost-benefit of gathering evidence. c....
Study smarter with the SolutionInn App