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Complete this question by entering your answers in the tabs below. Compute the operating protit for Nortiwestem bank Complete this question by entering your answers
Complete this question by entering your answers in the tabs below. Compute the operating protit for Nortiwestem bank Complete this question by entering your answers in the tabs below. Compute the profit from Emily and lacob, assuming that customer costs are computed using the information in the activity. based costing analysis. Note: Do not round intermediate calculations. Round your answers to 2 decimal places: Loiss amounts should be indicated by a minuse slan. Northwestern Bank (NB) offers only checking accounts. Customers can write checks and use a network of automated telfer mochines: NB carns revenue by investing the money deposited; currently, it averages 41 percent annually on its investments of those deposits. To compete with larger banks, Na 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 foliow: Required: a. Compute the operoting profin for Nortrwestern Bank. b. Compute the profic from Emily and Jacob, assuming that customer costs are based only on deposits. Interest costs: 03 percent of deposits; operating costs are 32 percent ($18,796,320/$587,385,000) of deposits c. Compute the profit from Emby 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 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 (=$18,796,320/$587,385,000) of deposits
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