arge fees for "bounced" che t is, checks that e re often around S30 each. It has been estimated that processing bounced checks costs a bank roughly $1.50 check. Thus, the profit margin on bounced checks is very high. rocess checks from largest to smallest. By doing this, they maximize customer overdraws an account. For example, N the izing this, some banks have started to the number of c ncrease in fee revenue as a result of processing largest checks first. In response to criticism, banks have respo k (now Bank of A t their customers prefer to have large checks processed first, because those tend to be the most important. At milion extreme, some banks will cover their cu Coulsen had a balance of S1,500 in his checking account at First National Bank on a day when the bank ing against his accou 3150 3162 S 35 400 3165 3166 3169 S 550 1,510 180 ing a $30 fee assessed by the bank for each bounced check, how much fee revenue would the bank enerate if it processed checks (a) from largest to smallest, (b) from smallest to la you think that processing checks from largest to smallest is an ethical business practice? Why or why n n addition to ethical issues, what other issues must a bank consider in deciding whether to process checks If you were managing a bank, what policy would you adopt on bouneed checks? Why? arge fees for "bounced" che t is, checks that e re often around S30 each. It has been estimated that processing bounced checks costs a bank roughly $1.50 check. Thus, the profit margin on bounced checks is very high. rocess checks from largest to smallest. By doing this, they maximize customer overdraws an account. For example, N the izing this, some banks have started to the number of c ncrease in fee revenue as a result of processing largest checks first. In response to criticism, banks have respo k (now Bank of A t their customers prefer to have large checks processed first, because those tend to be the most important. At milion extreme, some banks will cover their cu Coulsen had a balance of S1,500 in his checking account at First National Bank on a day when the bank ing against his accou 3150 3162 S 35 400 3165 3166 3169 S 550 1,510 180 ing a $30 fee assessed by the bank for each bounced check, how much fee revenue would the bank enerate if it processed checks (a) from largest to smallest, (b) from smallest to la you think that processing checks from largest to smallest is an ethical business practice? Why or why n n addition to ethical issues, what other issues must a bank consider in deciding whether to process checks If you were managing a bank, what policy would you adopt on bouneed checks? Why