Purchase Solution

Financial Analysis

Not what you're looking for?

Ask Custom Question

Bank statement review/explain. See attached file for full problem description.

Attachments
Purchase this Solution
Solution Summary

585 words response. APA

Solution Preview

Please see the attached file.

Financial Analysis

Analysis
The Bay Street Bank statement shows that it incurred operating loss of $90.6 million, which is more than last six months.
Bay Street Bank
Operating Results
Six Months Ending June2009
($000s)
Actual Six months Budgeted Six months Fav. (Unfav.) Six months Last year Six months
Revenue
Interest income
Home Mortgage $431000 $443000 $(12000) $420000
Car Loans 330000 375000 (45000) 345000
Government securities 9000 14500 (5500) 45000
Service charges 19000 28000 (9000) 25000
Miscellaneous 1600 800 800 1700
Total income $790600 $861300 $70700 $836700
Expenses
Interest on saving A/C $380000 $376500 $(3500) $370000
Interest on CDs 175000 168000 (7000) 160000
Interest on bonds 275200 279500 4300 270000
Administration 51000 51000 0 52000
Total Expenses $881200 $875000 $(6200) $852000
Net Operating Surplus ...

Solution provided by:
Ashish Sharma, MBA (IP)
Education
  • MBA (IP), International Center for Internationa Business
  • BBA, University of Rajasthan
Recent Feedback
  • "Thank You so much! "
  • "Always provide great help, I highly recommend Mr. Sharma over others, thanks again. "
  • "great job. I will need another help from you. "
  • "first class!"
  • "Thank you for your great notes. Will you be willing to help me with one more assignment? "
Purchase this Solution
Free BrainMass Quizzes
Lean your Process

This quiz will help you understand the basic concepts of Lean.

Business Processes

This quiz is intended to help business students better understand business processes, including those related to manufacturing and marketing. The questions focus on terms used to describe business processes and marketing activities.

Balance Sheet

The Fundamental Classified Balance Sheet. What to know to make it easy.

Basic Social Media Concepts

The quiz will test your knowledge on basic social media concepts.

Understanding the Accounting Equation

These 10 questions help a new student of accounting to understand the basic premise of accounting and how it is applied to the business world.

View More Free Quizzes
Related BrainMass Solutions

  • Financial Management: Limitations of Ratio Analysis

    642715 Financial Management: Limitations of Ratio Analysis Complete a critical analysis of the limitation of ratio analysis for evaluating a company's financial health and future prospects.

  • Financial Analysis and Spreadsheet

    355606 Financial Analysis and Spreadsheet Prepare a financial analysis for company A in respect to Company B and Company C. Submit the analysis, including relevant charts, diagrams, and graphics.

  • Financial Statement Analysis: Advantages and Disadvantages

    An important disadvantage of financial statement analysis is that seasonal factors can disfigure the analysis. Unless the reader of financial statements has a good idea about seasonal effects the analysis can lead to mistakes.

  • Financial statement analysis and operating indicator analysis

    631500 Financial statement analysis and operating indicator analysis What is the key difference between financial statement analysis and operating indicator analysis? How are these types of analyses useful to healthcare managers and investors?

  • Purpose of a financial statement analysis

    Some of the tools used to analyze financial performance include: Financial Scorecards, Financial Ratio Analysis, Breakeven Analysis, Cash Flow Analysis, Trend Analysis, Forecasting, Variance Analysis and Sensitivity Analysis.

  • McDonalds

    269672 Financial analysis for McDonalds: SWOT, ratio analysis, recommendations Financial Analysis 1. Locate the financial section of the organization's most recent annual report.

  • Financial Analysis of an Auditors Report

    267411 Financial Analysis of an Auditors Report Do you think that the explanatory notes, supplementary schedule, Management's Discussion and Analysis, 10-K filing, Auditor's report and Proxy statements provide more information for financial analysis

  • Tools of Financial analysis & limitations

    The answer contains meaning of financial statement and financial analysis,tools of financial analysis and the limitations of financial analysis

  • Strategy analysis

    The strategy analysis provides the context in which the financial analysis can be done.

  • Using Financial Analysis to Assess and Improve Business Performance

    516382 Using Financial Analysis to Assess and Improve Business Performance Please provide three examples of how financial analysis can be used to assess and improve business performance.

View More Related Solutions