Bank of America’s _____________ provides information such as its interest expense, or the interest the bank paid depositors, and

Question

3 years ago

8

Bank of America’s _____________ provides information such as its interest expense, or the interest the bank paid depositors, and

its interest income, or the interest it earned by investing deposits over a period of time. This document also states the bank’s other revenues and expenses for the time period. 1. leverage ratio 2. activity ratio 3. income statement 4. balance sheet

Business

1 answer:

OleMash [197] · Answer 1 · 2022-04-27T22:16:35+03:00

Answer:

3. income statement

Explanation:

Bank of America’s income statement provides information such as its interest expense, or the interest the bank paid depositors, and its interest income, or the interest it earned by investing deposits over a period of time. This document also states the bank’s other revenues and expenses for the time period.