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A and B are all correct, I just need help with letter C. Please show work, Thank you! a. Compute the operating profit for Northwestern
A and B are all correct, I just need help with letter C. Please show work, Thank you!
a. Compute the operating profit for Northwestern Bank. o. Compute the profit from Emily and Jacob, assuming that customer costs are based only on deposits. Interest costs =0.3 percent of deposits; operating costs are 3.2 percent (=$19,150,240/$598,445,000) of deposits. c. Compute the profit from Emily and Jacob, assuming that customer costs are computed using the information in the activity-based costing analysis. Complete this question by entering your answers in the tabs below. Compute the operating profit for Northwestern Bank. Complete this question by entering your answers in the tabs below. Compute the profit from Emily and Jacob, assuming that customer costs are based only on deposits. Interest costs =0.3 percent of deposits; operating costs are 3.2 percent (=$19,150,240/$598,445,000) of deposits. Answer is not complete. Complete this question by entering your answers in the tabs below. Compute the profit from Emily and Jacob, assuming that customer costs are computed using the information in the activitybased costing analysis. Note: Do not round intermediate calculations. Round your answers to 2 decimal places. Loss amounts should be indicated by a minus sign. Northwestern Bank (NB) offers only checking accounts. Customers can write checks and use a network of automated teller machines. NB earns revenue by investing the money deposited; currently, it averages 4.1 percent annually on its investments of those deposits. To compete with larger banks, NB pays depositors 0.3 percent on all deposits. A recent study classified the bank's annual operating costs into four activities. Data on two representative customers follow: Required: a. Compute the operating profit for Northwestern Bank. b. Compute the profit from Emily and Jacob, assuming that customer costs are based only on deposits. Interest costs =0.3 percent of deposits; operating costs are 3.2 percent (=$19,150,240/$598,445,000) of deposits. c. Compute the profit from Emily and Jacob, assuming that customer costs are computed using the information in the activity-based costing analysis
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