Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Oct 06, 2024

THE ANSWER IS 14.33% PLEASE EXPLAIN HOW THATS THE ANSWER STEP BY STEP. THE ANSWER IS FOR SURE 14.33% I JUST NEED A step by

image text in transcribed

THE ANSWER IS 14.33% PLEASE EXPLAIN HOW THATS THE ANSWER STEP BY STEP. THE ANSWER IS FOR SURE 14.33% I JUST NEED A step by step EXPLANATION.

What is the bank's earnings spread? A. 37.5% B. 22.22% C. 14.33% D. 7.89% E. 2.5% The following financial information pertains to Harrison Bank. Net Profit Margin 12.5% Net Income $1000 Total Assets $62,500 Total Equity $6250

Step by Step Solution

There are 3 Steps involved in it

Step: 1

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

Step: 3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Founding Finance How Debt Speculation Foreclosures Protests And Crackdowns Made Us A Nation

Authors: William Hogeland

1st Edition

0292757530, 978-0292757530

More Books

Students also viewed these Finance questions

Question

★★★★★

Indicate whether the following items in a bank reconciliation should be (1) Added to the Cash account balance, (2) Deducted from the Cash account balance, (3) Added to the bank statement balance, (4)...

Answered: 1 week ago

Question

★★★★★

Does race or ethnicity predict voting behavior?

Answered: 1 week ago

Question

★★★★★

18. From California to New York, legislative bodies across the United States are considering eliminating or reducing the surcharges that banks impose on noncustomers who make $10 million in...

Answered: 1 week ago

Question

★★★★★

Maher Inc. reported income from continuing operations before taxes during 2012 of $790,000. Additional transactions occurring in 2012 but not considered in the $790,000 are as follows. 1. The...

Answered: 1 week ago

Question

★★★★★

The process of collecting or pooling loans and then selling them as securities backed by the loans is known as a. industrialization. b. Institutionalization. c. globalization. d. securitization.

Answered: 1 week ago

Question

★★★★★

Monty Ltd. reported net income of $575,000 for the year ended December 31, 2020. During the year, the company also declared and paid dividends of $25,000 on the company's preferred shares and...

Answered: 1 week ago

Question

★★★★★

How do books become world of wonder?

Answered: 1 week ago

Question

★★★★★

What was the Vedic civilization of India and how was the system of education in the Vedic civilization? Mention the most powerful kings in the Vedic civilization.

Answered: 1 week ago

Question

★★★★★

What is mathematics, in what fields does mathematics contribute and take a look at its history.

Answered: 1 week ago

Question

★★★★★

If ( A^2 - A + I = 0 ), then inverse of matrix ( A ) is?

Answered: 1 week ago

Question

★★★★★

If ( A ) and ( B ) are two square matrices such that ( A cdot B = A ) and ( B cdot A = B ), then ..

Answered: 1 week ago

Previous Question Next Question