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m_a_m_a [10]
3 years ago
15

What must net noninterest income (net of noninterest expense) be in order for fnb to have a 12% roe? based on your answer, must

fnb be performing better or worse than the industry average in this area? explain?
Business
1 answer:
Lana71 [14]3 years ago
6 0
<span>Answer: NI/Equity = 0.12 ; NI/$125 = 0.12 so required NI = $15.00 Interest Revenue = ($475*0.045) + ($725 * 0.075) = $75.75 Interest Expense = $1,175 * 0.03 = $35.25 NI = {Interest Revenue – Interest Expense + Net noninterest income – PLL} (1 – Tax rate) $15.00 = {$75.75 - $35.25 + Net noninterest income – $3}* (1 - .34) Net noninterest income must be = -$14.77 (millions) Noninterest Expense = $30, so Noninterest income must be $30 + - $14.77 = $15.23 FNB Overhead Efficiency Ratio = $15.23 / $30 = 0.5076, industry average = 0.85. Thus, FNB must be doing a poorer job of generating noninterest income while controlling noninterest expense than the industry average.</span>
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On average hotel guests who take elevators weigh about 150 pounds
zheka24 [161]
<span>Answer: On average, hotel guests who take elevators weigh about 150 lbs with a standard deviation of about 35 lbs. An engineer is designing a large elevator for a convention hotel, to lift 50 such people.</span>
5 0
3 years ago
Maria sells women's accessories. Her prospective buyer is smiling and eyeing the samples that Maria brought for the sales presen
ASHA 777 [7]

Answer:

Maria should assume that she had obtained the buyer's attention and interest - 4th statement.

Explanation:

It is essential for a salesperson ( dajmar - in this scenario) to identify the buyer;s signals. Obviously, relaxed and opened arms ,uncrossed legs are acceptance signals. Acceptance signals means your buyer is favourably minded toward you and your presentation. These signals gives you green light to get going.  

so, below is the right answer :

Maria should assume that she had obtained the buyer's attention and interest - 4th statement.

4 0
3 years ago
Read 2 more answers
A company produces and sells 2,500 sets of silverware each year. Each production run has a fixed cost of $200 and an additional
Amiraneli [1.4K]

Answer:

500 runs

Explanation:

In this question, we are asked to calculate the optimal number of production runs the company should make each year.

Please check attachment for complete solution and step by step explanation

7 0
3 years ago
Can someone help me with my recent question please
Arisa [49]

THE QUESTION:

You have been put in charge of the taxation of the Mars colony. You need to decide how to tax the citizens of the colony.Will you institute a progressive, regressive, or a flat tax on income? Will you institute excise taxes? If yes, what goods and services will you tax and why? Will you institute sales taxes, property taxes, or VAT on goods?

Explanation:

I am not good at these terms, but

I would not use a flat tax, as I know that it would make lot's of people's life harder, from the middle class, to lower class, that might put people in financial struggles. Instead, I would charge different taxes on people, judged on their income. That would help lot's, and would be a good deed. Also, I will also use property taxes, because most of the time, if you didn't have money to spare, you wouldn't spend it on a house, right? I might have sale taxes, which I would say depends on how much I need as a government on MaRs! :|)

6 0
3 years ago
Which of the following is NOT one of Deming’s 14 principles of transformation for improving the practice of management? A. minim
Lelechka [254]

Answer:

Option B. Maintain barriers between departments

Explanation:

The reason is that Deming's 14 principles talk about the transformation and achieving better results by eliminating the barriers involved in transforming. Deming said that all those elements that are barrier to improvement, cost reduction and quality must be eliminated and a system of transformation must be designed that promotes constant improvement, change adoption, elimination of quotas and numerical goals, elimination of barriers between department so that better results like quality improvement and cost reduction can be achieved.

Hence saying Daming said that the barrier between departments must be maintained is wrong as it is barrier to transformation.

4 0
3 years ago
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