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hram777 [196]
4 years ago
8

A bank has total interest income of $67 million and total noninterest income of $14 million. This bank has total interest expens

es of $35 million and total noninterest expenses (excluding PLL) of $28 million. Its provision for loan losses is $6 million and its taxes are $5. What is this bank's net interest income?
Business
1 answer:
tresset_1 [31]4 years ago
7 0

Answer:

$32 million

Explanation:

Data provided in the question:

Total interest income = $67 million

Total noninterest income = $14 million

Total interest expenses = $35 million

Total noninterest expenses (excluding PLL) = $28 million

Provision for loan losses = $6 million

Taxes = $5 million

Now,

Bank's net interest income = Total interest income - Total interest expenses

= $67 million - $35 million

= $32 million

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Answer:

2 apples and 6 bottles of water

Explanation:

since Bervin earns K22, her consumption possibilities frontier is:

apple                water                  total utils obtained

4 units               1 unit                   90 + 20 = 110 utils

3 units               3 units                75 + 54 = 129 utils

2 units               6 units                55 + 90 = 145 utils

1 unit                  8 units                30 + 98* = 128 utils

0 units               11 units                0 + 98* = 98 utils

The optimal combination of apples and bottles of water is 2 apples and 6 bottles of water because that combination yields the most utils.

*Since the table only states the utils obtained until the 7th unit, we must assume that any additional unit consumed will provide 0 utils.

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4 years ago
Who advanced both preservation and managing resources sustainably to found the discipline of wildland management used in the Uni
Mariulka [41]

Answer:

Aldo Leopold

Explanation:

Aldo Leopold (1887 - 1948) was a founder of wildlife management. He taught at the University of Wisconsin and is famous for his book <u>A Sand County Almanac</u>, 1949, which sold over 2 million copies.

His work focused on the development of environmental ethics and wilderness conservation.

4 0
4 years ago
Banks can create an unlimited amount of money. True or false, and why?
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4 0
3 years ago
Explain why the order of operations is necessary for simplifying numerical expressions
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3 years ago
A company purchased a piece of equipment for $350,000 in 2008. As of 12/31/2015, $215,000 of depreciation expense had been recog
zhuklara [117]

Answer:

The equipment's net book value on 12/31/2015 is $ 135000.

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Net book value of the equipment on 12/31/2015 is given by:

Net book value = cost of the equipment - depreciation expense recognized until 12/31/2015

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Therefore, the equipment's net book value on 12/31/2015 is $ 135000.

7 0
3 years ago
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