Eastpac Bank has lent Alexandra Ltd $500 000. Part of the loan contract prevents Alexandra from borrowing money in the future from other banks without the permission of Eastpac. As a result of this relationship:

Alexandra invests £2485 into an savings account.Alexandra gets 2.75% per year compound interest.Work out how much Alexandra will have in the account after 19 years.

North Bank has lent Sophie Limited $600 000. Part of the loan contract prevents Sophie from borrowing money in the future from other banks without the permission of North. As a result of this relationship: Group of answer choices Sophie Limited is regarded as a subsidiary of North Bank. direct the relevant activities of Sophie Limited. North Bank is regarded as a parent entity of Sophie Limited. a parent-subsidiary relationship does not exist between these two parties.

Alex is the sole trustee of a trust fund set up by his late wife to benefit her niece, Bridgette. Bridgette has become suspicious of the recent change in lifestyle for Alex and his children. Bridgette’s investigations lead her to discover that Alex has misappropriated UGX 35,000,000/= from her trust fund, using it as follows: (a) Alex paid UGX 10,000,000/= into his account at Saver’s Bank in which he already had UGX 8,000,000/= of his own money. He withdrew UGX 2,000,000/= to purchase a laptop from City Tech Kampala which was stolen that same night. He then withdrew UGX 6,000,000/= to buy land in Mukono. This land has suddenly doubled in value following an announcement by the government that it is going to construct an international airport in Mukono. He then withdrew the remaining UGX 10,000,000/= and bought a Toyota Vitz which was crashed beyond repair the next day. Advise Bridgette on how she can trace her trust property. (5 MARKS) (b) Alex paid UGX 20,000,000/= from Bridgette’s trust fund into his account at Kampala Bank in which he had previously paid UGX 10,000,000/= belonging to another trust fund that his late wife had set up for the benefit of her nephew, Daniel, to which she had also appointed Alex as the Trustee. Alex then withdrew UGX 5,000,000/= from his account and went on holiday with his new girlfriend, Estella. He then withdrew UGX 5,000,000/= to repaint his home. Advise Bridgette and Daniel on how they can trace their trust property. (10 MARKS) (c) Alex deposited UGX 5,000,000/= from Bridgette’s trust fund on his mobile money account on which he had previously deposited UGX 500,000/= from Daniel’s trust fund and already had a balance of UGX 500,000/= of his own money on the account before he had deposited any trust money. He then withdrew UGX 2,000,000/= from the same mobile money account to pay school fees for his children and later added UGX 2,000,000/= of his own money into the account. Advise Bridgette and Daniel on how they can trace their trust property. (10 MARKS)

To open a new bakery, Angelica takes out a $15,000 loan from the bank by providing her house as collateral. The type of financing obtained is called aMultiple Choicetrade credit.mutual fund.mortgage.subsidy.

Boyd Corporation borrows $300,000 from a bank on March 1, Year 1, by signing a 6 percent, nine-month note for the amount borrowed plus accrued interest due nine months later. On issuance date, this transaction:Multiple Choicedecreases assets and decreases liabilities.decreases assets and increases liabilities.increases assets and increases liabilities.increases assets and decreases liabilities.