Managers at the Bank of America headquarters are concerned aboutthe bank'sperformance over the last year,especially the bank's return on assets (ROA)which was much lower than anticipated.Which of the following wouldNOT explain a poor ROA performance?

A. the bank experienced larger than expected loan losses last year

B. during the last year, the bank issued 100,000 additional sharesof common stock

C. high interest expenses and low interest revenues last yearwere realized bythe bank

D. the cost of leased space for bank operations increased by 25 percent in the prior year