1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
polet [3.4K]
2 years ago
7

A bank is earning 6 percent on its $150 million in earning assets and is paying 4.75 percent of its liabilities. The bank's inte

rest rate spread is __________.
a. 6.00 percent.
b. 1.25 percent.
c. 4.75 percent.
d. 1.26 percent.
e. 10.75 percent
Business
1 answer:
iren [92.7K]2 years ago
3 0

Answer:

Interest rate spread will be 1.25 %

Explanation:

We have given a bank is earning 6 % on its $150 million earning assets

So interest earned = 6 %

Interest paid on liabilities = 4.75 %

We have to find the bank interest rate spread

We know that bank interest rate spread is given by

Interest rate spread = interest earned - interest paid on liabilities = 6 - 4.75 = 1.25 %

So interest rate spread will be 1.25 %

You might be interested in
Select all that apply On December 1, Christy Co. accepted a 60-day, 6%, $1,000 note due January 30. On December 31, the appropri
kykrilka [37]

Answer:

Notes Receivable for $1,000. Cash for $1,010. Interest Revenue for $5.  Interest Receivable for $5.

Explanation:

The journal entry to record the receipt of the payment is shown below:

Cash Dr $1,010

     To Interest receivable  $5 ($1,000 ×6% × 30 days ÷ 360 days)

     To Interest revenue $5

     To Note receivable $1,000

(being the receipts is recorded)

here cash is debited as it increased the assets and credited the interest receivable, interest revenue and note receivable as it increased the assets and revenue accounts

6 0
3 years ago
Suppose that Walgreens (a major drug store chain) wants to introduce its own brand of cough medicine that is similar in contents
antoniya [11.8K]

Answer:

Letter b is correct. <em>Private-label brand</em>

Explanation:

Private-lebel brand is when products are supplied or manufactured by a particular company and then labeled with another company's brand. The advantages added to a company that decides to sell a private label product are varied, these items can increase the credibility and reliability of the company, such as increasing the sales flow and diversifying the marketed product lines.

3 0
3 years ago
Is buffet correct that it is the role of the federal government to make sure people who work will have enough income to live a​
GuDViN [60]
Yes, it is.
I think it is very fair to say that People who work enough hours should at least should not worry about basic needs such as foods, shelter, education, and health. The government could do this through various programs such as minimum wage of a different variant of welfare programs.
5 0
3 years ago
In the new department she is setting up, Shondra decides that top managers will report to her and that everyone else will report
Oksi-84 [34.3K]

Answer:

a) planning

Explanation:

Shondra performing the planning process of management functions. Planning means, first of all looking ahead and chalking out future courses of activity to be followed by each and every member of an organization as here Shondra is setting up a new department soon after she is chalking out future courses of duty of the manager and every member of the particular department which is very important for the smooth and effective running of an organisation.

5 0
2 years ago
Were all loan proceeds used to purchase, build, or improve the home secured by this loan?.
8_murik_8 [283]

A loan is usually gotten from a financial institution to solve a financial emergency which was unplanned for.

<h3>What is a Loan?</h3>

This refers to the obtaining of money from a financial institution and a formal agreement is made for the repayment of the money after a given period of time and with interest.

With this in mind, we can see that loan proceeds can be used to:

  • Buy a house
  • Go on a trip, etc

Please note that your question is incomplete so I gave you a general overview to help you get better understanding of the concept.

Read more about loans ere:

brainly.com/question/25239160

7 0
2 years ago
Other questions:
  • Which of the following statements describes a recurring theme about today's ecological environment?
    12·1 answer
  • MC Qu. 112 A company is considering... A company is considering the purchase of new equipment for $105,000. The projected annual
    15·1 answer
  • Which of the following could be a synonym for the world 'externality'?
    10·2 answers
  • Is the microbial community in the intestine a key to understanding obesity? To explore this question, scientists conducted anoth
    15·1 answer
  • When rent control pushes the price of apartments below the market equilibrium, then everyone who would like a rent-controlled ap
    10·2 answers
  • Help plz asap will mark brainlieast
    11·1 answer
  • The following data relate to Ramesh Company’s defined benefit pension plan: ($ in millions) Plan assets at fair value, January 1
    13·1 answer
  • What is the best source of information to use when purchasing a new car?
    8·1 answer
  • Martinez, Inc. manufactures a set of high-end computer storage systems for use by offices around the city. At the start of 2021,
    14·1 answer
  • The presence of barriers to entry in a particular market will generally make acquisitions __________ as an entry strategy
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!