Question
A bank earns $230 million in interest on $2000 million in assets and pays $180 million on $1800 million in liabilities. What is this banks
A bank earns $230 million in interest on $2000 million in assets and pays $180 million on $1800 million in liabilities. What is this banks spread?
-1.5%
1.5%
2.6%
11.5%
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Intermediate Accounting
Authors: Donald E. Kieso, Jerry J. Weygandt, Terry D. Warfield.
9th Canadian Edition, Volume 2
470964731, 978-0470964736, 978-0470161012
