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exis [7]
3 years ago
10

The Tidewater State Bank has $1000 in total assets (all of which are earning assets), $700 of which will be replaced with in the

next 90 days. This bank also has $800 in total liabilities, $400 of which will be replaced within the next 90 days. Currently, the bank is earning 8% on its assets and is paying 5% on its liabilities. If interest rates do not change in the next ninety days, what is this bank's net interest margin?
Business
1 answer:
Nesterboy [21]3 years ago
5 0

Answer:

4.6%

Explanation:

The computation is shown below:

= (Interest on assets - Interest on liabilities) ÷ (Total earning assets)

where,

Interest on assets = (8% + 2% × $700) + 8% × $300

= $70 + $24

= $94

Now the interest on liabilities equal to

= 5% × 400 + (5% + 2% × 400)

= $20 + $28

= $48

So, the net interest margin equal to

= ($94 - $48) ÷ ($1,000)

= 4.6%

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4 0
1 year ago
Which of the following cannot be shown on a production possibilities graph?
choli [55]
I believe the answer is: <span>the allocation method

production possibilities graph could only include the factors that can be projected after doing combination of various products' production.
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</span>
5 0
3 years ago
Read 2 more answers
3.63 cubic yards + 1.53 cubic yards
Lady_Fox [76]
5.16 cubic yards is the answer.
6 0
3 years ago
During the past year, a firm produces 250 tablet devices at an average variable cost of $40 and at an average fixed cost of $10.
Bumek [7]

The total costs = Total variable costs + Total fixed costs

Given,

Average variable costs = $ 40

Average fixed cost = $ 10

Tablets produced during the year = 250

Total variable cost = Average variable costs × Tablets produced during the year

Total variable cost = 250 tablets × $ 40 = 10,000

Total fixed cost = Average fixed costs × Tablets produced during the year

Total fixed cost = 250 tablets × $ 10 = $ 2,500

Total costs = Total variable cost + Total fixed cost

Total costs = $ 10,000 + $ 2,500 = $ 12,500

6 0
3 years ago
Windspire is starting a firm in the small-scale wind-generated power industry. This industry is still so new that no standard op
liq [111]

Answer:

Emerging

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4 0
3 years ago
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