Which of the following is FALSE regarding a bank's income? a. A bank's ROE is proportional to its equity multiplier. b. A bank's net interest income is dependent upon the interest rate spread between deposits and loans. c. Profit margin accounts for non-interest income. d. Provision for loan losses is a non-cash, deductible expense unless the loan is written off. e. A bank typically has a higher non-interest income than interest income