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
vfiekz [6]
3 years ago
10

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

rest rate spread is __________. Multiple Choice 1.25 percent 1.26 percent 4.75 percent 6.00 percent 10.75 percent
Business
1 answer:
irina [24]3 years ago
6 0

Answer:

1.25 percent

Explanation:

Relevant data provided

Interest earned = 6%

Interest paid on liabilities = 4.75%

The computation of interest rate spread is shown below:-

Interest rate spread = Interest earned - Interest paid on liabilities

= 6% - 4.75%

= 1.25%

Therefore for computing the interest rate spread we simply applied the above formula and ignore all other amount as it is not relevant.

You might be interested in
Debt Collection Service enters into a contract to employ Emma as a billing manager for two years. During the first year, Emma is
Pie

Answer:

b. discharges the employer from the contract.

Explanation:

When an employee enters a contract with the employer there is an agreement that the employee will perform their duties effectively (in this case Emma as a billing manager) and the employer is obligated to pay her for services provided.

If Emma is failing to meet his obligations by being absent from work and even when present fails to adequately do her job, the employer is also discharged from his agreed duty on the contract.

Emma's actions discharges the employer from the contract.

4 0
3 years ago
___ is the process of examining, documenting, and assessing the security posture of an organization’s information technology and
pychu [463]

Answer:

The correct answer is letter "A": Risk identification.

Explanation:

Risk identification is one of the steps used in the risk management process. Risks are determined through the measurement of the parameters that define them, the size of the loss or possible damage, and the possibility that the loss or damage eventually takes place.

5 0
3 years ago
Explain the difference between what health insurance covers and what long term disability insurance covers
OLEGan [10]

Answer:

In essence, health insurance benefits enable employees to seek needed medical care. Disability insurance replaces a portion of employee income when they can't work because of an illness or disability. For the most part, disability insurance will not replace all of someone's income.

Explanation:

4 0
2 years ago
On December 1, Jasmin Ernst organized Ernst Consulting. On December 3, the owner contributed $85,050 in assets in exchange for i
hoa [83]

Answer:

$3,260

Explanation:

Preparation of December statement of cash flows for Ernst Consulting

ERNST CONSULTING Income Statement

For Month Ended October 31

REVENUES

Consulting fees earned $17,450

Total revenues $17,450

EXPENSES

Rent expense $4,530

Salaries expense $8,090

Telephone expense $880

Miscellaneous expenses $690

Total expenses $14,190

Net income $3,260

($17,450-$14,190)

Therefore December statement of cash flows for Ernst Consulting will be $3,260

5 0
3 years ago
What factors are not important in determining exchange rate fluctuations in the long​ run?
Ratling [72]
<span>speculating in currency markets</span>
8 0
3 years ago
Other questions:
  • The ABC Company had its highest level of production in May when they produced 4,000 units at a total cost of $110,000 and its lo
    5·1 answer
  • All of the following statements about the geography of meat production in the United States and Canada are true EXCEPT:
    7·1 answer
  • Hoi Chong Transport, Ltd. Operates a fleet of delivery trucks in Singapore. The company has determined that if a truck is driven
    9·1 answer
  • Zync Corporation offers a block of its securities for sale to the investment banker that submits the highest price of all intere
    5·1 answer
  • An income statement shows the
    13·1 answer
  • Leveraging the expertise of people across an organization can help _____.
    7·1 answer
  • The reserve requirement is 15 percent. Lucy deposits $600 into a bank. By how much do excess reserves change
    13·1 answer
  • Tevebaugh Corporation is a manufacturer that uses job-order costing. The company closes out any overapplied or underapplied over
    11·1 answer
  • If I have an F and have nothing to do. what should I do
    11·1 answer
  • Ace Electric's income statement reports Sales of $100,000; Cost of goods sold of $46,000, Operating expenses of $34,000, Interes
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!