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
Answer:
Marginal utility of the additional units will turn negative
Explanation:
As total utility has reached a maximum level, adding additional units of the same product will generate the total utility to decrease thus, the marginal utility of this additional products is negative as they made the utility of the consumer to decrease.
The diminish return theory state that:
The units increase utility at a decreasing rate and then, they reach a maximum of utility afterwhihc, additional units do not generate utility, they decrease it
Answer:
b. codes of ethics for senior financial officers.
Explanation:
according to the Sarbanes-Oxley act:
- The company should be having an expert who is responsible for the auditing andd the company should name the expert and if they are not having the expert they should give a reason.
- A comapny should have a code andd ethics and it should also be applied to the seniors.
Answer:
The answer is letter A.
Explanation:
No, because the relevant cost of the new machine is $10,000 more than the cost of the old machine.
Answer:
The answer is a the interest rate to fall as there is currently a surplus of loanable funds.
Explanation:
Investors who wish to borrow $100 million represent quantity of money demand and savers who wish to save $125 million. There is surplus of loanable funds SS > DD = $125 million > $100 million